Retail Investment - Eastern North Carolina

Retail-Commercial for Sale
Catylist Listing ID: 28848880
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 9,500 SF
Gross Land Area: 0.28 Acres
Sale Price: $350,000
Unit Price: $36.84 PSF
Property Use Type: Investment
Usable Size (USF): 9,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/27/2017

Overview / Comments

Renovated commercial building located in downtown Grimesland facing Hwy 33. Building contains five leasable spaces downstairs and has approximately 4000 sq ft upstairs that can be built out. Building was completely renovated in 2010 with all new electrical, HVAC and plumbing. Excellent investment opportunity. Please contact agent for additional information.

Additional Details

Nearest MSA: Greenville
County: Pitt
Tax ID/APN: 008483
Zoning: B1
Market Type: Small
Retail Clientele: General, Family, Business, Recreation
Property Located Between: Greenville and Chocowinity
Side of Street: South
Road Type: Paved, 2-Track, Highway
Property Visibility: Excellent
Largest Nearby Street: NC Hwy 33 East
Feet of Frontage: 85
Traffic/Vehicle Count: 8,000
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 5,500 SF
Property Condition: Good
Year Built: 1905
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL
Lot Frontage: 80
Lot Depth: 190

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,952 1,952 16,841
Median Age: 39.36 39.36 34.39
Households: 706 706 6,254
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