$1,900,000
Live music on the deck Monday through Friday during the summer months. Income-producing oceanfront commercial investment with approximately 25% gross return and some owner financing available for up to 5 years at 5% APR. The property features a privately owned pier extending approximately 450 feet into the Atlantic Ocean, with approximately 445 feet of direct ocean frontage, an established retail operation, and a 39-space income-producing parking lot.
Financials available upon request. The existing parking lot mortgage will be satisfied at closing, resulting in improved net operating income for the future owner.
With over 1.8 acres across four parcels, Rodanthe Pier is a well-known and historic Outer Banks landmark, originally established in the 1960s and long recognized as a destination for both locals and visitors. The property benefits from consistent seasonal traffic, strong visibility, and repeat tourism within one of the most traveled coastal corridors in the region.
The asset offers multiple income streams with additional upside potential through expansion into food and beverage service, event use, or enhanced retail operations, subject to local regulations. The property has also been featured in film and continues to attract visitors for its oceanfront setting, fishing access, and recreational appeal.
Included in the sale is an additional unbuildable oceanfront parcel located south of the pier, providing expanded beach frontage, added privacy, and further control of the surrounding footprint.
Property includes the following parcels:
24251 Atlantic Dr (PIN 065809168447)
24249 Atlantic Dr (PIN 065809166541)
24247 Atlantic Dr (PIN 065809166548)
24095 Ocean Dr (PIN 065809168245)
24251 Atlantic Drive, Rodanthe
Listing courtesy of Re/Max Coastal Associates - Outer Banks.