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Historic 26-Room Hotel
For Sale
$11,950,000

6715 S Croatan Highway, Nags Head, NC 27959

Commercial Sale, Nags Head, NC

Property Size9,279 SF
Lot Size6.07 Acres
Price / SF$1,287
Days on Market180

Property Features for 6715 S Croatan Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning C2 & CR
Parking features Off Street
Lot features Oceanfront, Level, Ocean Side
View Water, Ocean
Directions Off Croatan Hwy
Standard status Active
APN 008823000
Size 9,279 SF
Lot size 6.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PIN 080011565522
Tax Annual Amount 34042
Legal Description PIN 080011565522

Utilities

Sewer type Septic Tank
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1932
Flooring type Wood, Tile
Building materials Cedar, Shake Siding, Wood Frame
Roof type Shingle, Asphalt
Listing Agency: Harrell & Associates
Listed By: Robert (Bobby) Harrell · License #77804
Added: Mar 19 Changed: Sep 12 Last Checked: Sep 14 at 4:06AM
MLS# 100561569

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The First Colony Inn is a 1932 hospitality property comprising 26 guest rooms within a cedar and wood-frame building listed on the National Register of Historic Places. The 9,279-square-foot inn includes rooms with features such as kitchenettes, sitting areas, whirlpool tubs, and private porches. Interior and exterior elements include wood and tile flooring, wraparound verandas, landscaped grounds, common areas, and a seasonal outdoor pool.

The offering includes approximately 6.07 acres and oceanfront parcels with about 210 feet of direct Atlantic Ocean frontage. The property is located at 6715 S Croatan Highway in Nags Head, NC, with nearby beach access. C2 & CR zoning, public water, septic service, off-street parking, heat-pump systems, and asphalt shingle roofing are also in place.

Key Highlights

  • 26 guest rooms in a 9,279‑square‑foot hospitality property
  • Approximately 6.07 acres included in the offering
  • Oceanfront parcels with approximately 210 feet of direct Atlantic Ocean frontage

Property Analytics

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Current Use

First Colony Inn Bed & Breakfast

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Repair Shop Auto Parts Store Bakery Dental Office Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby

Demographics for 27959, NC

3,182
Population
5,214
Households
0.6
Avg Household Size
54
Median Age
51%
College-Educated
96%
High-School Grad
14.7 sq mi
ZIP Area
216
Density / Sq Mi
$87,619
Median Household Income
$46,213
Median Earnings
$1,005
Median Rent
$451,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Hotel - Historic hospitality property with guest accommodations, landscaped grounds, seasonal pool, and nearby beach access.
Where is this hotel located?
The property is located at 6715 S Croatan Highway Nags Head, NC.
What is the asking price?
The asking price for this property is $11,950,000.
What are key features of this property?
This property features: 26 guest rooms in a 9,279‑square‑foot hospitality property; Approximately 6.07 acres included in the offering; Oceanfront parcels with approximately 210 feet of direct Atlantic Ocean frontage
More about this property
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