Historic Oceanfront Beach
For Sale
$11,950,000
6715 S Croatan Hwy, Nags Head, NC 27959
Historic 1932 beach hotel with 26 guest rooms and oceanfront land with direct Atlantic frontage.
Property Size9,279 SF
Lot Size210.00 Acres
Price / SF$1,287
Days on Market95
Property Features for 6715 S Croatan Hwy
General Information
Standard status
Active
Size
9,279 SF
Lot size
210.00 Acres
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Building Details
Year Built
1932
Listing Agency:
Harrell & Associates
Listed By:
Robert (Bobby) Harrell · License #77804
(252) 473-7804
Source:
Barefootbrokers
Added: Jun 30
Changed: Sep 11
Last Checked: Oct 1 at 2:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Harrell & Associates
Investment Insights
Based on property information with market context.
First Colony Inn is a historic oceanfront beach hotel originally constructed in 1932 and listed on the National Register of Historic Places. The property features a shingle-style structure with expansive wraparound verandas, along with 26 uniquely appointed guest rooms. Many rooms include kitchenettes, sitting areas, whirlpool tubs, or private porches. Outdoor amenities include a seasonal outdoor pool, landscaped grounds, and welcoming common areas. The listing also notes convenient beach access nearby and an association presence with cable TV and beach access.
The property is located in the heart of Nags Head and is in-city limits. It offers oceanfront views and includes oceanfront parcels totaling approximately 210 feet of direct Atlantic Ocean frontage, providing a development, expansion, or preservation option for the beachfront holdings.
For hospitality operators, the existing inn configuration and guest-room mix support continued use as a beach lodging property with established amenity offerings. For buyers focused on land value or adaptive reuse, the included direct oceanfront frontage provides an additional component within the same offering, combining an operating historic asset with premier beachfront property.
The property is located in the heart of Nags Head and is in-city limits. It offers oceanfront views and includes oceanfront parcels totaling approximately 210 feet of direct Atlantic Ocean frontage, providing a development, expansion, or preservation option for the beachfront holdings.
For hospitality operators, the existing inn configuration and guest-room mix support continued use as a beach lodging property with established amenity offerings. For buyers focused on land value or adaptive reuse, the included direct oceanfront frontage provides an additional component within the same offering, combining an operating historic asset with premier beachfront property.
Key Highlights
- Historic First Colony Inn built in 1932; listed on the National Register of Historic Places
- 26 guest rooms, with many rooms offering kitchenettes, sitting areas, whirlpool tubs, or private porches
- Oceanfront property with approximately 210 feet of direct Atlantic Ocean frontage for future development, expansion, or preservation
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Explore this area
Business Placement
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 1932 beach hotel with 26 guest rooms and oceanfront land with direct Atlantic frontage.
Where is this hotel located?
The property is located at 6715 S Croatan Hwy 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: Historic First Colony Inn built in 1932; listed on the National Register of Historic Places; 26 guest rooms, with many rooms offering kitchenettes, sitting areas, whirlpool tubs, or private porches; Oceanfront property with approximately 210 feet of direct Atlantic Ocean frontage for future development, expansion, or preservation
