An incredible Outer Banks ownership opportunity! Permitted use in a residential zone, this home offers the best of both worlds to maximize income generation from this property. Currently operated as an Inn with 6 individually rented efficiency style master suites, this unique property offers more opportunity for creating higher income potential than other homes of this size and location.Â This property works especially well for an owner looking to have a hands on experience.Â One can further explore untapped income potential with the Outer Banks wedding industry, with one of the most popular beach wedding sites just steps away.
Originally built on the Kill Devil Hills oceanfront in 1950 as a lifeguard boarding house, it was moved to its current location around 1975.Â It was meticulously restored by a local artist and craftsman in 2006 Â and features iconic Outer Banks statement features such as the original wood plank flooring, doors and wood shutters.
Main features of The Atlantic Street Inn:
Individual room heating and cooling units
Many happy guests return each year to enjoy the inviting charm of this Outer Banks classic.Â Large fenced in courtyard with outdoor seating, hammock, fresh garden vegetables, bikes, and grill are available for guest enjoyment. The beach is just a few short blocks and close enough for guests can enjoy the sounds of the Atlantic Ocean.
This home is offered for sale by Lauren Nelson for $589,000.00.