Invest in the heart of Downtown Elizabeth City with this newly renovated income producing historic commercial space. Offered at $228,250, this 1,213 sq ft one-story unit features a charming historic façade and prime storefront location just steps from Water Street and the Pasquotank River. The space includes an open retail/showroom area, one private office, and a restroom. Part of a newly recorded five-unit condominium, with declaration and boundary survey included. This space is currently occupied, renting for $1,730/month. Lease ends June 20, 2029. Built in 1945 and fully renovated from 2020-2022, including new framing, electrical, plumbing, HVAC, TPO roof, and fire suppression system. Zoned Central Business District and surrounded by local shops and restaurants. A rare opportunity to own a turnkey historic downtown asset.
| MLS # | 100553013 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 265 |
| Listing Provided By | Rich Company | Kellen Long |
| SQ Feet | 1,213 |
|---|---|
| Units | 1 |
| Zoning | CB |
| Acreage | 0.03 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Roof | Membrane, Flat |
|---|---|
| Foundation Details | Brick/Mortar |
| Construction Materials | Brick |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Public, On Street |
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|
| Tax Assessed Value | 184300 |
|---|---|
| Tax Book Number | Condo Book 3 |
| Tax Legal Description | 604 Fearing LLC |
| Tax Year | 2026 |
| State | NC |
|---|---|
| County | Pasquotank |
| City | Elizabeth City |
| Zip Code | 27909 |
| Listing VS Median (in 27909) | |
Price: $228,250 low | high Med: $324,900 sqft: 1,213 low | high Med: 1,388 $ / sqft: $188 low | high Med: $234 On site: 265 low | high Med: 270 | |
| State | NC |
|---|---|
| County | Pasquotank |
| City | Elizabeth City |
| Zip Code | 27909 |
| Listing VS Median (in 27909) | |
Price: $228,250 low | high Med: $324,900 sqft: 1,213 low | high Med: 1,388 $ / sqft: $188 low | high Med: $234 On site: 265 low | high Med: 270 | |