132517

7531 S Virginia Dare Trail , Nags Head

$5,000,000

MLS#: 132517 Property Type: COMMERCIAL/INDUSTRIAL Address: 7531 S Virginia Dare Trail City / Zip: Nags Head, NC 27959-9990 Area: Nags Head Westside County: Dare Neighborhood: Caribbean Corners Center Condo Acres: 1.16 Year Built: 1981 Zoning: GC C-2 Date Listed: 04/14/2026

Agent's Comments

Introducing Nags Head Waterfront Shops at Caribbean Corners, a rare soundfront commercial assemblage along the iconic Virginia Dare Trail Causeway of Nags Head. Comprising of 17 unit parcels with direct waterfront exposure and boardwalk access. With over 300 +- indoor/outdoor seating, this property represents a unique opportunity to control a prominent stretch of the Roanoke Sound Waterfront within one of the Outer Banks’ most recognizable corridors. The setting defines the property—expansive sunset views, walkable waterfront access, and a vibrant, destination-oriented atmosphere where visitors gather to dine, shop, and experience the coastal lifestyle. Guests can enjoy a meal or a casual drink while gathering for ice cream, all framed by unobstructed views over the Roanoke Sound, creating a destination enviroment that drives consistent visitor activity and repeat traffic. A distinctive waterfront setting not easily replicated along the Outer Banks. The property is improved with a diverse mix of established tenants including restaurants with indoor/outdoor seating, retail, brewery tasting room, ice cream shop and office suites, providing in-place income while preserving flexibility for future vision and enhancement. Positioned within Nags Head’s General C-2 zoning and the Water Sports Overlay District, Caribbean Corners Shopping Center offers a rare combination of assemblage scale, waterfront positioning, and land use flexibility, supporting a wide range of potential commercial and mixed-use concepts, subject to approvals. Opportunities of this scale and waterfront presence are limited along the Outer Banks. This offering is best suited for investors, operators, or long-term holders seeking a legacy coastal asset with enduring appeal and multiple avenues for future value creation. Contact listing agent for additional information and private showing arrangements. Units 1-A through 1 E are combined as a restaurant. Units 3A-3B are combined as a Brewery Tasting Room. Units 3C-3E are combined as a Pizza Restaurant. Unts 2 A-2F are individual units. 3 are commercial 3 second floor units are office with full bathrooms.

*Listing provided courtesy of the Outer Banks Realty Solutions.
Interior Features
  • Water: Municipal Water
External Features
  • Foundation: Piling
  • Garage: 51-100 Spaces, Parking Lot, Paved, Off Street
  • Lot Description: Adj. To Common Area, Bulkheaded, Common Area, Level, Water Frontage
  • Parking: 51-100 Spaces, Parking Lot, Paved, Off Street
  • Roof: Asphalt/Fiber Shingle
  • Sewer/Septic: Community Septic, Private Septic
  • Waterfront Location: Soundfront
Additional Features
  • Associated Document Count: 7
  • Contruction: Frame, Wood
  • County: Dare
  • Deed Book: 2635
  • Deed Book Pg: 580
  • Ownership: Owned More than 12 Months
  • Status Date: 2026-04-27
  • Property Sub Type: Multi Unit
  • View Description: Salt Marsh, Sound
  • Year Built: 1981
  • Zoning: GC C-2
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Listings provided courtesy of Outer Banks Realty Solutions and the MLS of the Outer Banks Association of Realtors®, Inc.

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