Income Producing Properties


Commercial and residential units available in the heart of Downtown Elizabeth City, ideal for a business owner or investor. This historic property was fully renovated in 2022, including new framing, electrical, plumbing, HVAC, TPO roof, and fire suppression system. This listing includes (3) 2nd floor 1 bed/1 bath apartments. All residential units are currently leased […]

.06 acres 6001 4 baths

Unique investment opportunity to acquire a well-maintained, multi-family apartment complex at a 9% cap rate. NOI at full occupancy is $243,704.40. The complex consists of three properties: 1005 Raleigh St. (892309261179), 1110 Park St. (892309260112), and 0000 Park St. (892309261032). This portfolio includes 24 units, each ranging approx. 800-900 sqft, with a combined building square […]

21500 sq ft 5884

Recently constructed in 2022, this 10,532 square foot building on 2 acres was originally a Family Dollar Dollar Tree that recently converted to a Dollar Tree when DT sold FD. Lease term runs through Dec 2032 with 5 options to renew at 5 years each with a $0.50 per sq ft rent bump with every […]

10532 sq ft 3631 2 baths

Medical Center for sale $ 2,400,000.00

Medical Center for sale

$ 2,400,000.00

Fully leased Medical/Office Park with 4 tenants and 4 vacancies on modified gross leases. 32,066 sq ft of space in 6 buildings built between 1989 & 1992. Prior 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 when fully […]

32066 sq ft 3079