Address
7531 S Virginia Dare Trail, Nags Head, NC
Price
$ 5,000,000
Property Attributes
- MLS#132517
- TypeCommercial
- Listing Status Active
- CountyDARE
- CityNags Head
- AreaNags Head Westside
- NeighborhoodCaribbean Corners Center Condo
- Zip27959
- StyleMulti Unit
- Year Built1981
- Taxes$ 21306
- Price$ 5,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.16 Acres
Data Source:
Outer Banks MLS (OTBMLS)
Property Description
Introducing Nags Head Waterfront Shops at Caribbean Corners, a rare soundfront commercial assemblage along the iconic Virginia Dare Trail Causeway of Nags Head. Comprising of 17 unit parcels with direct waterfront exposure and boardwalk access. With over 300 +- indoor/outdoor seating, this property represents a unique opportunity to control a prominent stretch of the Roanoke Sound Waterfront within one of the Outer Banks’ most recognizable corridors. The setting defines the property—expansive sunset views, walkable waterfront access, and a vibrant, destination-oriented atmosphere where visitors gather to dine, shop, and experience the coastal lifestyle. Guests can enjoy a meal or a casual drink while gathering for ice cream, all framed by unobstructed views over the Roanoke Sound, creating a destination enviroment that drives consistent visitor activity and repeat traffic. A distinctive waterfront setting not easily replicated along the Outer Banks. The property is improved with a diverse mix of established tenants including restaurants with indoor/outdoor seating, retail, brewery tasting room, ice cream shop and office suites, providing in-place income while preserving flexibility for future vision and enhancement. Positioned within Nags Head’s General C-2 zoning and the Water Sports Overlay District, Caribbean Corners Shopping Center offers a rare combination of assemblage scale, waterfront positioning, and land use flexibility, supporting a wide range of potential commercial and mixed-use concepts, subject to approvals. Opportunities of this scale and waterfront presence are limited along the Outer Banks. This offering is best suited for investors, operators, or long-term holders seeking a legacy coastal asset with enduring appeal and multiple avenues for future value creation. Contact listing agent for additional information and private showing arrangements. Units 1-A through 1 E are combined as a restaurant and is 1927 sq ft. Units 3A-3B are combined as a Brewery Tasting Room. Units 3C-3E are combined as a Pizza Restaurant. Total sq. ft. - 2356.55 Unts 2 A-2F are individual units. 3 are commercial 3 second floor units are office with full bathrooms. Total sq ft. 2487.96
| Price History | |
|---|---|
| 4/14/2026 | Listed $5,000,000 |
General Features
| Zoning | GC C-2 |
|---|---|
| Subdivision | Caribbean Corners Center Condo |
| County | Dare |
| Class | COMMERCIAL/INDUSTRIAL |
| Type | Multi Unit |
| Area | Nags Head Westside |
| Ownership | Owned More than 12 Months |
| Status | Active |
| HOA | No |
| Directions | 158 S to Nags Head Causeway. Shopping Center is next to Kitty Hawk Kites Soundfront. |
| City | Nags Head |
| Taxes | 21306.97 |
| DOM | 157 |
| Flood Zone | AE,VE |
Exterior Features
| Waterfront Location | Soundfront |
|---|---|
| Water Frontage | 316 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 27959
Price
Taxes
Year Built
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