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Mixed-Use Land for Sale in Avon, North Carolina

40594 NC 12 Hwy, Avon, NC 27915

$1,999,999
0.83 acres
Active sale
Est $9,849/mo

A rare opportunity to own one of Avon's most established and beloved dining destinations. The Mad Crabber has been family-owned and operated since 1991, serving generations of locals and Outer Banks visitors with the kind of consistency and hospitality that builds lifelong repeat customers. While the restaurant has operated in its current location for a shorter period of time, the brand itself has been successfully established for over three decades. Located in the heart of Avon, this well-known restaurant benefits from steady seasonal tourism and strong community loyalty. For years, the owners have carefully maintained the building with consistent upkeep and attention to detail, preserving both its charm and functionality. The restaurant is fully operational and positioned for continued success under new ownership, offering a true turnkey opportunity in a thriving coastal market. Included in the sale is the adjacent 15,000 square foot parcel, which allows additional entry from Harbor Road. This added flexibility creates significant value and future potential. The extra lot could be utilized for expanded parking, outdoor dining or event space, future employee housing, or held as an investment for expansion down the road. Opportunities to acquire a long-standing, highly recognized restaurant with additional land in the heart of Hatteras Island are exceptionally rare. Whether you're an experienced restaurateur looking to expand or an investor seeking a proven, income-producing property in the Outer Banks, The Mad Crabber presents both stability and upside potential in one of the island's most desirable commercial areas.

Sq feet
2004
Built

Location

Street address
40594 NC 12 Hwy, Lot 2
Community
Avon Soundside
Elevation
3 feet
Coordinates
35.3532, -75.5044

Property details

Lot size
0.83 acres36,155 sq ft
Zoning
C-2
MLS #
OBAR 131870
Posted

Property taxes

2025
$3,072

Parcels

  • 064017210840

Details and features

Listing

Type
Residential

Lot

Features
Level

Exterior

Parking
Off Street, Parking Lot

Structure

Heating
Central
Cooling
Central Air
Materials
Frame
Roof
Shingle

Listing history

DateEventPriceChangeSource
Feb 20, 2026New listing$1,999,999OBAR
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This 0.83-acre property is located at 40594 NC 12 Hwy Lot 2 in Avon, NC 27915. The property is available for sale for $1,999,999. It has a structure built in 2004.

Listed by Resort Realty - Frisco, (252) 441-8551

Checked 1 hour agoUpdated

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