Fully leased Medical/Office Park with 8 tenants on modified gross leases. 32,066 sq ft of space in 6 buildings built between 1989 & 1992. Current income for 2022 is $357,857.40 with projected expenses of $97,044.46 or less giving a projected NOI of $260,812.94 making this a 10.86% cap rate investment. Approximately 3 acres of high […]

32066 sq ft

Incredibly 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) […]

47044 sq ft 10 baths

Very 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 […]

14807 sq ft

Income 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 […]

20000 sq ft 2 baths

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 […]

141134 sq ft

Iconic Downtown Elizabeth City Building for sale, formerly Wells Fargo. Two stories, 1st floor has 7 offices, huge reception and waiting area, restrooms, safe, drive thru window. 2nd floor has 9 offices, safe, break room, 3 large multipurpose rooms, 2 restrooms, file room, conference room, large reception area. $221,000 below tax value. Parking lot with […]

23522 sq ft 4 baths

Fully leased 8424 sq ft shopping center for sale on Halstead Blvd, 0.839 acres. Current Tenants include Cycle Gallery (part owner/seller), Tae Kwon-Do Studio, and Tina’s Nails. Annual gross income $78,000/year, Net Operating Income of $66,615.65 making this sale a 9.5% cap rate. Central electric HVAC, 0.839 acre lot with parking in the front and […]

8424 sq ft

5952 sq ft restaurant building on 1.296AC with 62 parking spaces available for sale. Current tenant (who has an option to purchase it) Villa Restaurant’s lease runs out September 30 2022. Showings can be done on Mondays only. Building was built in 1986 as a Shoney’s prototype. One of the best locations in Elizabeth City, […]

5952 sq ft

Kenyon Bailey Supply property available for sale or long term lease. 12,800 sq ft building plus 300 sf of greenhouses on 2.326 acres on McArthur Street in EC. Versatile building has a large 6,576 sf showroom, 1,200 sf of offices, 1,440 sf cafe with very nice 640 sf commercial kitchen, indoor and outdoor seating areas, […]

12800 sq ft 2 baths

New low price on this large former restaurant building and property on Hughes Blvd less than 300 yards from the Halstead & Halstead Ext intersection. 535′ road frontage, 2.18 acres total, 3 curb cuts. Building has 5,540 sq ft on first floor, 1,360 sq ft second floor which has been used as office and apartment […]

6900 sq ft 6 baths

3.43AC on the Intercoastal Waterway in Coinjock across from Coinjock Marina & Restaurant. Approximately 550′ of waterfront shoreline on the ICW with a boat basin. Boat basin and bulkhead need repair, new vinyl bulkhead quoted at $81,400, rip rap quoted at $55,000-$65,000. Former Long Point Coast Guard Station built in 1871 was relocated to property […]

149410 sq ft