7531 S Virginia Dare Trail, Nags Head, NC 27959 (MLS # 132517)

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PRICE $5,000,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 1.16 ac

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. Units 3A-3B are combined as a Brewery Tasting Room. Units 3C-3E are combined as a Pizza Restaurant. Unts 2 A-2F are individual units. 3 are commercial 3 second floor units are office with full bathrooms.

DAYS ON MARKET 15 LAST UPDATED 4/14/2026
TRACT Caribbean Corners Center Condo YEAR BUILT 1981
COUNTY Dare STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
CONSTRUCTION Frame, Wood Siding
EXTERIOR Storage
INTERIOR Dumpster, Outside Storage, Pole Sign
LOT 1.16 acre(s)
LOT DESCRIPTION Level, Waterfront
LOT DIMENSIONS 50,500
PARKING Off Street
SEWER Shared Septic, Septic Tank
SUBDIVISION Caribbean Corners Center Condo
TAXES 21306.97
WATER Public
MORTGAGE CALCULATOR
   

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Listing provided by Suzanne C Baer, Outer Banks Realty Solutions
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