Listing provided courtesy of Resort Realty - FriscoMLS# 132079MLS ProviderContact Information: C: 252-995-5500
  • 111 days on site
  • 1 views

Commercial / Mixed-Use Investment Opportunity in the Heart of Avon Located directly on NC Highway 12 in Avon, this unique mixed-use property offers an exceptional opportunity for investors seeking both commercial and residential income on Hatteras Island. The property features five income-producing units across two separate buildings, providing multiple revenue streams in a highly visible and desirable location. The front building offers prime Highway 12 storefront exposure and is currently leased with a 5-year commercial lease in place, providing immediate and stable income for the next owner. The building also includes a 1-bedroom, 1-bath apartment that is currently rented, creating additional income potential or offering a live/work opportunity. Behind the commercial building sits a triplex consisting of three 2-bedroom, 1-bath residential units, each offering comfortable living spaces for long-term tenants, employee housing, or seasonal rentals. All three units are currently rented on monthly leases, providing established income for the property. The three improvements were constructed in different years. With high visibility along NC Highway 12, proximity to Avon???s restaurants, shops, and beach access, and multiple rental possibilities, this property presents a rare mixed-use investment opportunity on Hatteras Island.

Source: Outer Banks MLS, MLS#: 132079

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  • Property Type
    Commercial Sale
  • Lot
    0.81 acres

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Chris Prince

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  • Median Age
    58
  • Population Density
    37
  • College Educated
    42%
  • Estimated Median Income
    $26,729
  • Estimated Total Home Owners
    291
  • Estimated Total Renters
    72
  • Owner / Renter Divide
    80% / 20%
  • Estimated Average Household Size
    1
  • Total Population
    474
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 41076 NC 12 Highway


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/27/2026Source: Outer Banks MLS Price Reduction
$1,450,000 -3.3%
3/10/2026Source: Outer Banks MLS Added to Database
March 10, 2026

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