Ocracoke, NC 27960,205 Irvin Garrish HWY
Ocracoke, NC 27960,205 Irvin Garrish HWY
Ocracoke, NC 27960,205 Irvin Garrish HWY
48
$6,300,000
$5,500,000
14.5%
Est.Price: ?

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12,000 SqFt

205 Irvin Garrish HWY Ocracoke, NC 27960

Est. payment /mo
SOLD DATE : 08/30/2024

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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

Read Less


Hive MLS / (NCRMLS)
Listed by The Rich Company of Ocracoke

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Matt Jones

Broker | License ID: 280510

+1(336) 504-4078

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