Sold
50840 Nc Highway 12 Lot #2, Frisco, NC 27936
$1,350,000
1.61 Acres
Listing Office: Homes on Hatteras
Calling all investors and those who are looking for a business opportunity on the southern end of Hatteras Island. A remarkable opportunity like this doesn’t come along often. At Milepost 65 in Frisco, "Pamlico Corner" is located along NC Highway 12 boasting over 250 feet of highway frontage, but also borders Timber Trail leading into the wooded and soundfront residential community of Indiantown Shores. Situated on approximately 1.6 acres, this corner lot allows for 2 entrances to a connected front and rear parking area with more than 25 spaces.
It gets better. This is a two-story building with multiple revenue streams. The second floor encompasses two residential apartments. Each apartment is approximately 1250 square feet and has 2 bedrooms, 1.5 baths, vaulted ceilings in the very spacious great room, private laundry and eave storage areas.
The lower level is all retail/commercial space leased to 5 individual businesses including an ice cream shop (included in sale), a real estate office, a massage and wellness center, counseling services and escape rooms. As the new owner, you would have immediate access to the office space and adjacent ice cream shop space as the current owners occupy these units and will not remain on premise after the sale. Is there a business that you would like to start on Hatteras Island?
Many upgrades have been made to most areas of the building including a full remodel of one of the apartments, the office space and the ice cream shop space. The exterior was painted and the roof was replaced in 2020. Decking and new railings were added in 2022. The septic system was replaced in 2024. Maintenance is performed annually on the HVAC systems, nearly all of the appliances in the units are less than 5 years old. "Pamlico Corner" is ready to help a new owner's dreams come true!
Listing Agent: Kelley J Macchio
License Number: 265833
Offered by: Homes on Hatteras
Office Phone: 252-995-0149
MLS: #128938
Outer Banks MLS
Date Added: 04/11/2025 12:00:00 am
Last Update: 07/11/2025 08:17:31 pm
Days on Market: 342
Interior
- Flooring: Carpet, Ceramic Tile, Vinyl
- A/C: Central, Heat Pump, Zoned
- Heating: Central, Heat Pump, Zoned
Exterior
- Parking: 26-50 Spaces, Parking Lot, Off Street
Construction
- Roofing: Asphalt/Fiber Shingle
- General: Frame, Wood, Piling
Location
Lot
- Zoning: S-1
- Current Use: Mixed
Utilities
- Water: Municipal Water
- Sewer: Private Septic
Financial
- Ownership: Owned More than 12 Months
Property
- Year Built: 2004
- Type: Multi-Family
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07/11/2025Sold
05/20/2025Off Market
04/24/2025Pending
04/12/2025$1,350,000
04/12/2025Active
Listing Broker
Twiddy Sales
1 @
Homes in Frisco by Price Range
Homes in Frisco by Bedrooms
Last Updated: 07/11/2025 08:17:31 pm
Offered by: Kelley J Macchio, 265833, 252-305-6974 @ Homes on Hatteras
MLS: #128938
Source: Outer Banks MLS
Information is provided by Outer Banks Association of REALTORS®, Inc. Multiple Listing Service. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2026 Outer Banks Association of REALTORS®, Inc. Multiple Listing Service. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
View Listing50840 Nc Highway 12 Lot #2, Frisco, NC 27936 is a 1.61 Acres, Multi-Family built in 2004.
This property is currently available and was listed by Outer Banks MLS on 04/11/2025 12:00:00 am. The MLS # for the property is MLS #128938.
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