205 Irvin Garrish Highway, Ocracoke, NC 27960
$6,300,000
Property Type:
Comm Sale or Lease
Square Footage:
12,000
Lot Size (sq. ft.):
37,897
Status:
Closed
Current Price:
$6,300,000
List Date:
8/14/2023
Last Modified:
9/01/2024
Overview
Description
The Anchorage Inn, a 4 story brick and mortar hotel featuring 37 rooms, is a well known staple of Ocracoke's harborfront for over 40 years. Its location, perched above Silver Lake, provides views of awe inspiring sunsets that brings back guests year after year. Two large suites with full kitchens and private walk out balconies claim the uppermost floor. Harbor front pool with composite decking. Totally turn-key investment property. 4 bedroom house behind hotel houses on site staff and conveys. Full service diesel generator powers entire facility. Self manage or lease to property management company. Two docks are included with 27+/- boat slips along 120'+/- of harbor frontage. A commercial lease space on Silver Lake and main thoroughfare conveys providing passive income - current tenant is Island Golf Carts. Major maintenance items of shingle roof, exterior paint, and septic drain fields recently completed. This investment opportunity is once in a lifetime and should not be passed on. Package deal available for combined purchase of Ocracoke Marina and Anchorage Inn. Financial data available for qualified buyers. Contact your agent for more information today.
Listing Details MLS# 100399904
Contract Info
- Available Date
- 2023-08-14
- Delayed Marketing?
- No
- Marketing Start Date
- 2023-08-14
- Sub-Type
- Improved
- Garage
- N/A
- Space
- Yes
- Sale/Lease
- Sale
- Auction
- No
- Listing Price
- 5500000
- List Price/SqFt
- 458.33
- Stipulation of Sale
- Standard
Location Information
- Street #
- 205
- Street Name
- Irvin Garrish
- Street Suffix
- Highway
- County
- Hyde
- State/Province
- NC
- Zip Code
- 27960
- City Limits
- No
- Marketing City
- Ocracoke
- Subdivision
- Not In Subdivision
- Secondary Subdivision
- N/A
Remarks and Showing
- Directions to Property
- From the southern sound class ferry docks follow Hwy 12 north. Hotel is the 4 story brick building on the left on the corner of Hwy 12 and British Cemetery Rd and the marina/restaurant across the street on the right.
- Sign on Property
- Yes
Building Info
- New Construction
- No
BuildingExt Features
- SqFt - Heated (Primary)
- 12000
Legal and Taxes
- Tax Assessed Value
- 2008804
- Deed Book
- 162
- Deed Page
- 138
- Legal
- 9501-10-8593
- Broker Owner
- No
- PID
- 9501-10-8593
- Tax Identifier
- 9501-10-8593
- Plat Book
- 162
- Plat Page
- 138
- Special Assessments
- None
- Tax Year
- 2022
- Year Built
- 1982
- Zoning
- None
- Cobra Zone
- No
- Federal Flood Ins Avlbl
- Yes
More Information
Status Change Info
- Under Contract Date
- 2024-03-20
- Sold Date
- 2024-08-30
Building/Ext Features
- Lot Acres
- 0.87
- Lot SqFt
- 37897
- Lot Dimensions
- n/a
- Location Type
- Island
Business Type
- Hotel/Motel
- Yes
- Mixed
- Yes
Current Use
- Commercial
- Yes
- Hotel/Motel
- Yes
- Residential
- Yes
HOA and Neigh Amenities
- Outdoor Pool
- Yes
C & I Features
- ADA Compliant
- Yes
- Elevator Pass
- Yes
Frontage Type
- Bay/Harbor
- Yes
View Type
- Marina
- Yes
- Sound View
- Yes
- Water
- Yes
Construction
- Block
- Yes
- Brick/Stone
- Yes
- Concrete
- Yes
Lot Water Features
- Boat Slip
- Yes
- Bulkhead
- Yes
- Deeded Waterfront
- Yes
- Dock
- Yes
- Harbor
- Yes
- Pier
- Yes
Exterior Finish
- Brick
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- Seller Financing
- Yes
Foundation
- Block
- Yes
- Slab
- Yes
Flooring
- Carpet
- Yes
- LVT/LVP
- Yes
- Tile
- Yes
Parking Features
- Aggregate
- Yes
- On Site
- Yes
- Private
- Yes
Sale/Lease Includes
- Buildings
- Yes
- Land
- Yes
Roof
- Shingle
- Yes
Lot Description
- Corner Lot
- Yes
Road Type/Frontage
- 2 - 3 Lanes
- Yes
- Public (City/Cty/St)
- Yes
Road/Trans Access
- Airport
- Less than 5 Miles
Cooling
- Wall/Window Unit(s)
- Yes
Location
- Corner
- Yes
- Historic District
- Yes
- Residential
- Yes
Heating
- Forced Air
- Yes
Heating System Fuel Source
- Electric
- Yes
Sewer
- Septic Tank
- Yes
Lease Types
- Gross
- Yes
Property Features
Business Type:
Hotel/Motel; Mixed
HOA and Neigh Amenities:
Outdoor Pool
Frontage Type:
Bay/Harbor
View Type:
Marina; Sound View; Water
Construction:
Block; Brick/Stone; Concrete
Exterior Finish:
Brick
Flooring:
Carpet; Tile; LVT/LVP
Foundation:
Block; Slab
Parking Features:
Aggregate; On Site; Private
Roof:
Shingle
Lot Description:
Corner Lot
Current Use:
Commercial; Hotel/Motel; Residential
Location:
Corner; Historic District; Residential
Lot Water Features:
Boat Slip; Bulkhead; Deeded Waterfront; Dock; Harbor; Pier
Cooling:
Wall/Window Unit(s)
Heating:
Forced Air
Heating System Fuel Source:
Electric
Sewer:
Septic Tank
Terms:
Cash; Conventional; Seller Financing
Lease Types:
Gross
Listing Office:
The Rich Company of Ocracoke
IDX
Last Updated: September - 01 - 2024
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