Edenton Peanut Mill office restoration 401 E Church Street $ 1,750,000.00
Edenton Peanut Mill office restoration 401 E Church Street
$ 1,750,000.00Incredibly restored in 2004-2005 this former Edenton Peanut Mill, now a 5 story office building 17,804 sq ft gem of a property w/7.5% cap rate. Fully leased to a gym on the bottom floor and an accounting firm leases floors 2-5. LL pays taxes and insurance of $26,200 tenants pay $161,947/yr in 2020 (NOI $135,947) […]
Income Producing Medical Building 8% cap $1.375M $ 1,375,000.00
Income Producing Medical Building 8% cap $1.375M
$ 1,375,000.00Fully leased 5,675 sq ft medical building built in 1994 and renovated in 2019 leased for $22/sq ft ($124,850/yr) to Chesapeake Regional Medical Group through April 30, 2026. Services provided at this facility include surgical specialists, breast care, and cardiopulmonary care. LL expenses include $8478.36/yr in property tax, $5,715/yr in insurance, LL responsible for structural […]
215 S Water St Elizabeth City WHAT A GEM!! $ 1,300,000.00
215 S Water St Elizabeth City WHAT A GEM!!
$ 1,300,000.00RARE opportunity to own what is hands down the nicest commercial building in Elizabeth City!! Built in 2004, 2 stories, 15,818 sq ft, elevator, generator, 29 parking spaces, lots of glass, located at the corner of Water & Church Streets with excellent River views. Exceptionally maintained Class A building.
Commercial and Residential Income Producing Portfolio $ 1,200,000.00
Commercial and Residential Income Producing Portfolio
$ 1,200,000.00Very unique income producing portfolio that includes 3 comm. bldgs with 10 comm tenants and 2 rental houses all in a row with 100% occupancy/no vacancy. Comm. tenants have been there 13.5 yrs on average. Projected YTD income $139,080, expenses $29,228.65 giving a Net Operating Income of $109,851.35 which is a 9.15% cap rate at […]
Elizabeth City 98,098sf Industrial Building w/5.48AC $ 1,200,000.00
Elizabeth City 98,098sf Industrial Building w/5.48AC
$ 1,200,000.00Iconic EC Industrial Property available, nearly 100,000 sq ft of building space on 5.48AC zoned I-2 Industrial off Hughes Blvd (Hwy 17bus). Priced at $12.23/sf of building & $962,700 less than tax value. 6 loading docks (2 more can be added) many overhead doors, ample parking & access points.
1.1AC lot in KDH MP6 on the bypass $ 1,100,000.00
1.1AC lot in KDH MP6 on the bypass
$ 1,100,000.00One of the last undeveloped parcels on the bypass in Kill Devil Hills available for sale! Milepost 6, 1.095AC, double corner lot with Croatan Hwy/Aycock Street corner as well as Croatan Hwy/Walker Street corner. 200.01′ of frontage on Croatan Hwy. Central sewer is available via private sewer provider in KDH, allowing greater use of the […]
1177 N Road St Income Producing Medical Building $ 989,900.00
1177 N Road St Income Producing Medical Building
$ 989,900.00Income producing medical building directly across from Sentara Albemarle Medical Center & COA. 6,812sf heated and 9,309sf total including 3rd floor. 1.385AC lot, 206′ frontage on N Road St, 31 paved parking spaces plus large rear parking area. NNN lease generates $135,400/yr, NOI $110,000. Sentara leases entire building.
1111 Halstead Blvd Tractor Supply Elizabeth City $ 941,066.00
1111 Halstead Blvd Tractor Supply Elizabeth City
$ 941,066.00Income producing Tractor Supply location in Elizabeth City available for sale at a 9.0% cap rate. Tractor Supply has been here since I did their initial lease in 2010 and they renewed in January of 2021 through January 31 2023. Annual rental income is $84,696, NN lease. Building is 20,000 sq ft on 4 acres […]
13% cap Medical Office 201 Virginia Road Edenton NC $ 911,000.00
13% cap Medical Office 201 Virginia Road Edenton NC
$ 911,000.00Income producing 9,622 sq ft medical bldg in front of the Hospital in Edenton. Vidant has leased the bldg since 2009, current rent $142,817/yr with $24,362/yr expenses making the NOI $118,455. Current price gives this property an incredible 13% cap rate! Lease has CPI index rent increase ability annually that was just exercised for the […]
Tanglewood Pkwy outparcels 1.28AC-20.09AC $ 800,000.00
Tanglewood Pkwy outparcels 1.28AC-20.09AC
$ 800,000.006 Commercial outparcels located behind Super Wal-Mart in the Tanglewood Shopping Center in Elizabeth City totaling 20.09AC. Listed for $137,900 below tax value. 14.79AC fronts directly on Hwy 17 bypass. Accessed through Wal-Mart by either going to the right or left of Wal-Mart. Can be sold in separate lots at $50,000 per acre. Lot 5: […]
One of a kind commercial property with 18,788 heated and cooled square feet on 3.24AC. Nine overhead doors, 4@ 10’h by 8’w, 4@ 13′-14’h by 16′-17’6″w, & 1@ 10’h by 14’w with two loading docks. Main 13,550 sq ft bldg has 2000-2500 sq ft of office/showroom, +/-2000 sq ft of warehouse/manufacturing, and 8866 sq ft […]