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3118 N Croatan Hwy
Kill Devil Hills, NC 27948

$1,100,000 USD

Medical Condo For Sale  •  4,800 SF

Property Details

  • Property Type Medical
  • Total Building Size 15,608 SF
  • Lot Size 1.63 AC
  • Building Class B
  • Year Built 1987
  • Tenancy Multiple
  • Zoning Commercial
30 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit A-1 Medical Office 4,800 SF $1,100,000 USD
  • Unit Size: 4,800 SF
  • Condo Use: Medical Office
  • Price: $1,100,000 USD
  • Sale Type: Investment
  • Price/SF: $229.17 USD
Description
This condo is a two-story, multi-use condo unit. Zoned Commercial. Existing tenants in place.

Sale Notes
Multi office Unit with one primary tenant on the first floor and six more on the second floor located in the Executive Center on the corner of Croatan Hwy and W. Helga St. corner of . Primary first floor tenant is on a 5 year lease with options to renew. 100% Occupied. Recent Appraisal on file. One or more of the owners are licensed North Carolina Real Estate Brokers.

Description

The property is a two-story office building located at 3118 N Croatan Hwy in Kill Devil Hills, North Carolina. It is part of the Executive Center and sits on a 1.63-acre lot. The building has a gross area of 4,480 square feet and was originally constructed in 1987, with renovations completed in 2021. It is zoned for commercial use and includes 20 parking spaces. The property is currently 100% leased to multiple tenants, including a primary tenant on the first floor under a five-year lease with renewal options.

Highlights

Recent renovations completed in 2021 enhance building quality and tenant experience.
Includes 20 parking spaces and modern amenities such as fiber optic internet and ADA accessibility.
Positioned in a high-traffic area with seasonal population surges, supporting long-term occupancy stability.
Located at a signalized intersection along Croatan Highway, ensuring strong visibility.

Amenities

  • Signage
  • Wheelchair Accessible
  • Reception
  • Air Conditioning
  • Fiber Optic Internet

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
John Head 252-592-4629 Resort Realty of The Outer Banks, Inc.
John Head 252-592-4629 Resort Realty of The Outer Banks, Inc.