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12 Highway #40594 NC, Avon, NC 27915

$1,495,000

2004
year built

Here is your chance to own one of Avon’s most loved and established restaurants! The Mad Crabber has been family-owned and operated since 1991, serving generations of Hatteras Island locals and vacationers who return year after year for great food and a familiar, welcoming atmosphere. With more than 35 years of history on the Outer Banks, The Mad Crabber has built a loyal following and a reputation that would take years for a new restaurant to establish. Located in the heart of Avon, this well-known restaurant offers an incredible opportunity for an experienced restaurateur or someone looking to get into the restaurant business on Hatteras Island. The current owners have taken pride in maintaining the property, and the restaurant is fully operational, offering a great opportunity to step into an established business with a recognizable name and loyal customer base. One of the biggest opportunities here is the potential to increase revenue! The Mad Crabber currently operates for dinner only, approximately six months out of the year. Imagine the possibilities for a new owner who chooses to expand operations to include breakfast, lunch, and dinner, or extend the season to take advantage of the growing shoulder-season business on Hatteras Island. There is tremendous potential to build on what the current owners have already established. And there's more! Included in the sale is an additional 15,000-square-foot parcel with access from Harbor Road. This extra land opens the door to even more possibilities, including a catering kitchen, expanded parking, outdoor dining, special events, or potentially employee housing, subject to applicable permits and approvals. The additional parcel could also be held for future expansion or investment. Another great opportunity! The seller would consider short-term owner financing with an acceptable offer and substantial down payment. Terms are negotiable, giving a qualified buyer additional flexibility when purchasing this established Hatteras Island restaurant. Opportunities like this don't come along often on Hatteras Island! You're not just purchasing a restaurant; you're purchasing a business with decades of name recognition, an established customer base, a well-maintained property, and additional land with room to grow. Whether you want to continue the tradition that has made The Mad Crabber a local favorite or bring your own ideas to the table, this is an opportunity worth taking a closer look at!

Highlights

  • Commercial Sale
  • Business
  • Built in 2004
  • 25 days on Market

  • Year Built
    2004
  • Construction Materials
    Wood Siding, Frame
  • Parking Features
    Off Street
  • Flooring
    Wood
  • Exterior Features
    Storage
  • Security Features
    Smoke Detector(s)
  • Cooling
    Central Air, Heat Pump
  • Heating
    Electric, Heat Pump, Central

  • Lot Features
    Level
  • Water
    Public

  • County
    Dare
  • City
    Avon
  • Zip Code
    27915

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Frequently Asked Questions

How do I schedule a tour of 12 Highway #40594 NC?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 12 Highway #40594 NC.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 12 Highway #40594 NC?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,495,000. We can talk through recent upgrades, potential seller motivation, how this business compares to others in Avon, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 12 Highway #40594 NC?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 12 Highway #40594 NC at around $8,384. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 12 Highway #40594 NC?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Dare County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 12 Highway #40594 NC?

In most cases, yes. Whether 12 Highway #40594 NC is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Avon's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 12 Highway #40594 NC?

We can handle that for you. Our preferred local agent specializes in commercial sales in Avon and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

12 Highway #40594 NC was listed on October 14, 2026, which means it's been on the market for 25 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2004, making it approximately 22 years old.

What are the property taxes for 12 Highway #40594 NC?

The most recent public record shows annual property taxes for 12 Highway #40594 NC were approximately $3,337. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 12 Highway #40594 NC still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Outer Banks AOR. All rights reserved.

Last Updated: November 08, 2026 at 10:33AM | Source: Outer Banks AOR | MLS#: 134369