7531 S Virginia Dare Trail, Nags Head, NC 27959-9990

$5,000,000

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List Price
$5,000,000
MLS#
132517
Status
(10) ACTIVE - ACTIVE
Type
Commercial
Property Type
Multi Unit
Neighborhood
Caribbean Corners Center Condo

Property Description

Introducing Nags Head Waterfront Shops at Caribbean Corners, a rare soundfront commercial assemblage along the iconic Virginia Dare Trail Causeway of Nags Head. Comprising of 17 unit parcels with direct waterfront exposure and boardwalk access. With over 300 +- indoor/outdoor seating, this property represents a unique opportunity to control a prominent stretch of the Roanoke Sound Waterfront within one of the Outer Banks’ most recognizable corridors. The setting defines the property—expansive sunset views, walkable waterfront access, and a vibrant, destination-oriented atmosphere where visitors gather to dine, shop, and experience the coastal lifestyle. Guests can enjoy a meal or a casual drink while gathering for ice cream, all framed by unobstructed views over the Roanoke Sound, creating a destination enviroment that drives consistent visitor activity and repeat traffic. A distinctive waterfront setting not easily replicated along the Outer Banks. The property is improved with a diverse mix of established tenants including restaurants with indoor/outdoor seating, retail, brewery tasting room, ice cream shop and office suites, providing in-place income while preserving flexibility for future vision and enhancement. On 6/16/26 Independent Recreational Watersports was added to the Shopping Center Use through text amendment to 7.32 of Nags Head UDO. Upon Site Review, new owner could operated Recreational Watercrafts by special permitted use. Positioned within Nags Head’s General C-2 zoning and the Water Sports Overlay District, Caribbean Corners Shopping Center offers a rare combination of assemblage scale, waterfront positioning, and land use flexibility, supporting a wide range of potential commercial and mixed-use concepts, subject to approvals. Opportunities of this scale and waterfront presence are limited along the Outer Banks. This offering is best suited for investors, operators, or long-term holders seeking a legacy coastal asset with enduring appeal and multiple avenues for future value creation. Contact listing agent for additional information and private showing arrangements. Units 1-A through 1 E are combined as a restaurant and is 1927 sq ft. Units 3A-3B are combined as a Brewery Tasting Room. Units 3C-3E are combined as a Pizza Restaurant. Total sq. ft. - 2356.55 Unts 2 A-2F are individual units. 3 are commercial 3 second floor units are office with full bathrooms. Total sq ft. 2487.96

Additional Information

Foundation
Piling
Roof
Asphalt
Sewer
Shared Septic, Septic Tank
Zip
27959-9990
Neighborhood
Caribbean Corners Center Condo
Year Built
1981
County
Dare

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Calculator source: Real Geeks

Listing courtesy of Outer Banks Realty Solutions.

Listed by Suzanne Baer

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