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Mixed-Use Property with Restaurant
New
For Sale
$749,900

501 Old Stoney Road, Corolla, NC 27927

COMMERCIAL/INDUSTRIAL, Corolla, NC

Property SizeContact for details
Days on Market1

Property Features for 501 Old Stoney Road

General Information

Property type Residential
Property subtype Retail
Zoning Com
Parking features Parking Lot, Off Street
Subdivision Ocean Club Ctr
Lot features Common Area, Corner, Level, Dumpster, Gutter(s), Outside Storage, Partially Fenced, Underground Sprinkler
Directions Traveling North on Rt 12, on corner of Old Stoney Rd, opposite the public parking for Currituck County beach access.
Standard status Active

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3131

Utilities

Heating system Heat Pump (Heating), Forced Air, Electric (Heating)
Cooling system Heat Pump, Central Air

Building Details

Year built 2000
Number of units 2
Flooring type Carpet, Tile - Ceramic
Building materials Frame, Wood
Roof type Shingle
Listing Agency: Outer Banks Realty Group
Listed By: Wanda Wise
Added: Aug 28 Last Checked: Aug 28 at 9:06PM
MLS# 133905

Copyright © 2026 Outer Banks Association of Realtors®. 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.

This two-unit mixed-use property includes a restaurant in Unit A and a rental office in Unit B. The spaces were previously operated as one unit, offering a flexible configuration within a wood-frame building constructed in 2000. Interior finishes include carpet and ceramic tile, with heat-pump and forced-air systems supported by electric heating and central air conditioning.

The property is positioned at the southern entrance to The Currituck Club in Corolla, providing access for club owners and renters. On-site parking is provided through a parking lot and off-street spaces. The property carries Com zoning and has a shingle roof.

Key Highlights

  • Unit A is currently used as a restaurant and Unit B as a rental office
  • Units A and B were previously operated as one unit
  • Located at the south entrance to The Currituck Club

Property Analytics

Current Use

Bluewater Seafood Market Specialty Food Shop Resort Realty - Corolla ... Vacation Rental Bacchus Wine and Gourmet Specialty Food Shop MANCUSO DEVELOPMENT, INC Construction Company

Suggested Use

Top Pick Cafe & Coffee Shop Fish Market Food Market Accounting Firm Law Firm Bed & Breakfast

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

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby

Demographics for 27927, NC

1,457
Population
4,746
Households
0.3
Avg Household Size
60
Median Age
61%
College-Educated
96%
High-School Grad
26.6 sq mi
ZIP Area
55
Density / Sq Mi
$104,808
Median Household Income
$43,576
Median Earnings
$1,368
Median Rent
$609,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two units currently accommodate a restaurant and a rental office under commercial zoning.
Where is this mixed-use property located?
The property is located at 501 Old Stoney Road Corolla, NC.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Unit A is currently used as a restaurant and Unit B as a rental office; Units A and B were previously operated as one unit; Located at the south entrance to The Currituck Club
More about this property
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