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After 60 years, historic Red Drum property changes hands; Buyer linked to local retail ventures

The Red Drum property, one of Buxton’s most recognizable commercial landmarks with a history stretching back more than 70 years, has been sold.According to Dare County records, the buyer and new owner is Cohen OBX Investments, LLC, with Yakov Cohen listed as the managing member with a Kill Devil Hills address. The Sugar Kingdom store in AvonPublic filings indicate Cohen OBX Investments has a sole or majority interest in several Outer Banks retai…
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Island Free Press broke the news in on Tuesday, September 2, 2025.
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