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205 Irvin Garrish HWY Ocracoke, NC 27960
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Key Details
Sold Price $6,300,000
Property Type Commercial
Sub Type Improved
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $525
Subdivision Not In Subdivision
MLS Listing ID 100399904
Sold Date 08/30/24
HOA Y/N Yes
Originating Board North Carolina Regional MLS
Year Built 1982
Lot Size 0.870 Acres
Acres 0.87
Property Description
The Anchorage Inn, a 4 story brick and mortar hotel featuring 37 rooms, is a well known staple of Ocracoke's harborfront for over 40 years. Its location, perched above Silver Lake, provides views of awe inspiring sunsets that brings back guests year after year. Two large suites with full kitchens and private walk out balconies claim the uppermost floor. Harbor front pool with composite decking. Totally turn-key investment property. 4 bedroom house behind hotel houses on site staff and conveys. Full service diesel generator powers entire facility. Self manage or lease to property management company. Two docks are included with 27+/- boat slips along 120'+/- of harbor frontage. A commercial lease space on Silver Lake and main thoroughfare conveys providing passive income - current tenant is Island Golf Carts. Major maintenance items of shingle roof, exterior paint, and septic drain fields recently completed. This investment opportunity is once in a lifetime and should not be passed on. Package deal available for combined purchase of Ocracoke Marina and Anchorage Inn. Financial data available for qualified buyers. Contact your agent for more information today.
Location
State NC
County Hyde
Community Not In Subdivision
Zoning None
Direction From the southern sound class ferry docks follow Hwy 12 north. Hotel is the 4 story brick building on the left on the corner of Hwy 12 and British Cemetery Rd and the marina/restaurant across the street on the right.
Interior
Heating Electric, Forced Air
Cooling Wall/Window Unit(s)
Flooring LVT/LVP, Carpet, Tile
Exterior
Exterior Feature Boat Slip
Parking Features Private, Aggregate, On Site
Utilities Available City Water
Waterfront Description Pier,Bulkhead,Deeded Waterfront,Harbor
View Marina, Sound View, Water
Roof Type Shingle
Building
Lot Description Corner Lot
Foundation Block, Slab
Sewer Septic On Site
Structure Type Boat Slip
New Construction No
Others
Tax ID 9501-10-8593
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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