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33789296
33789306

26689 North Carolina Highway 12, Salvo, NC 27959

SC
NC 271508
SERHANT. - Outer Banks
Listed by SERHANT. - Outer Banks
$810,000
10 days on market
Updated 10 days ago

26689 North Carolina Highway 12

Details
APN 013064000
Property Type Retail, Office (+1)
Sub Type Storefront, Ice cream / smoothie shop (+1)
Square Footage 4,631
Units 3
Cap Rate 12.35%
NOI $100,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Duck Village Outfitters
Lease Type Modified
Rent Bumps No
Lease Options Month to Month
Price per SqFt $175
Broker Co-Op True
Year Built 2009
Year Renovated 2022
Buildings 1
Stories 4
Lot Size (SqFt) 10,000
Zoning S-1
Parking Spaces 10 spaces
Parking Per SqFt 2.16
Investment Type Owner/User
Tenant Credit Credit Rated
Ground Lease No
Ownership Seller Owned
Sale Condition 1031 exchange

Outer Banks Multi-Use Commercial Investment Opportunity

Marketing description

Exceptional investment opportunity in the heart of Salvo, NC on Hatteras Island. This highly visible Highway 12 mixed-use commercial property offers a rare combination of commercial space, residential rental income, and future development potential in one of the Outer Banks' most sought-after tourism markets. The property features flexible commercial showroom and operational space, along with three residential units including a studio apartment and two one-bedroom apartments, creating multiple revenue streams through long-term rentals, workforce housing, employee accommodations, vacation rentals, or owner occupancy.

Strategically located along the primary transportation corridor of Hatteras Island, this Outer Banks commercial property benefits from strong seasonal and year-round traffic, making it ideal for retail, restaurant, café, coffee shop, recreation, service-based businesses, tourism-related ventures, and mixed-use operations. Existing food-service infrastructure, including an installed grease trap and previous approvals for an ice cream shop and smoothie bar, further enhances the property's versatility and value.

Additional features include private decks, ocean views, sound views, and proximity to some of the most popular beaches, watersports destinations, and vacation rental communities on the North Carolina Outer Banks. Investors seeking commercial real estate with residential income, redevelopment potential, or a live-work business opportunity will appreciate the property's flexibility and growth potential.

The opportunity expands with the adjacent cleared parcel (MLS #133237), available through separate contract, providing additional land for commercial expansion, mixed-use development, lodging, workforce housing, or future investment projects. Zoned S-1 Special District, this unique Hatteras Island commercial property represents a rare chance to acquire a high-visibility, income-producing asset with significant upside in the thriving Outer Banks real estate market.

Investment highlights

Rare opportunity to acquire a highly visible Highway 12 mixed-use commercial property in the heart of Hatteras Island. Featuring commercial showroom and operational space, three residential rental units, installed food-service infrastructure, ocean and sound views from top floor, and significant expansion potential through an adjacent cleared parcel that the seller is listing separately for sale, this property offers multiple income streams and exceptional flexibility for investors, developers, and owner-operators seeking a premier Outer Banks location.

Listing Contacts

SC
NC 271508
SERHANT. - Outer Banks
Listed by SERHANT. - Outer Banks

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$100,000.00
$8,333.33/mo

Valuation Metrics

0
DSCR
12.35%
Cap Rate
12.35%
ROI

Map

Zoning

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S-1 SpecialSpecial
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View all 5 uses
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Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Shane Collins
License
271508
Brokerage
SERHANT
Brokerage Phone
2522021193
Title
Real Estate Broker
Brokerage Address
113 East Sothel Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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