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Historic Oceanfront Beach Hotel
For Sale
$11,950,000

6715 S Croatan Highway, Nags Head, NC 27959

Historic 1932 beach hotel with 26 guest rooms and oceanfront land with direct Atlantic frontage.

Property SizeContact for details
Lot Size210.00 Acres
Days on Market47

Property Features for 6715 S Croatan Highway

General Information

Standard status Active
Lot size 210.00 Acres
Zoning C2 & CR

Additional Details

Business Included Yes

Amenities

1815
148
Active
Unimproved, Hotel/Motel
Public
Dare County
no
Has owned the property for at least one year
Vacant, Hotel/Motel, HotelMotel
yes
Tile, Wood
Heat Pump
Heat Pump, Electric
MLS
Shingle, Asphalt3
Electricity Connected, Water Connected3
Oceanfront, Level, See Remarks, Ocean Side
Electric
Oceanfront, See Remarks
6.07
Acres
Septic Tank
Wood Frame
Cedar, Shake Siding
Masterlock
Off Street, Paved
Dominion Energy
Paved
Other, Pilings
City Street, State Road, Paved
264409
Cedar, Shake Siding, Wood Frame

Building Details

Year Built 1932
Listing Agency: Palm Realty, Inc.
Listed By: Kathy Ross · License #234933
Source: Palmrealtync.idxbroker
Added: Jun 30 Changed: Aug 14 Last Checked: Aug 14 at 7:08AM

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 Palm Realty, Inc.

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.

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

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 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: 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
More about this property
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