Listing /Lease Price:
$475,000
MLS Number:
100421449
Total Available:
Total Acres:
1.61
Heated Sqft:
1600.00
Apx Total:
C & I Features:
None
Pre Direction:
S
Street #:
666
Street Name:
Hughes
Post Direction:
Street Suffix:
Boulevard
Subdivision:
None
City:
Elizabeth City
County:
Pasquotank
State:
NC
Zip Code:
27909
Year Built:
1935
Sale/Lease:
Sale
Sale/Lease Includes:
Buildings, Land
# of Parking Spaces:
4
# of Restrooms:
# of Units:
Attic:
Basement:
Finished - No
City Limits:
No
Common Area Maint:
Construction:
Block, Wood Frame
Cooling System:
Heat Pump, Wall/Window Unit(s)
Current Use:
Directions to Property:
From US-158 E/Hwy 17 S turn left onto N Road St. Follow road for 1.1 miles. Turn right onto W Ehringhaus St. Continue for 0.3 miles. Property will be on your left.
Electric Provider:
Flooring:
Carpet, Laminate, Wood
Foundation:
Basement, Crawl Space, Slab
Fuel Tank:
None
Fuel Tank Ownership:
Green Bldg Features:
Heating System:
Heat Pump
Heating System Fuel Source:
Electric
|
HOA:
No
HOA Amenities:
HOA Annual Amt:
Internet Service Provider(s):
Lot #:
Lot Description:
Corner Lot, Wetlands
Lot Dimensions:
454' x 313' x 564'
Lot SqFt:
70132.00
Lot Water Features:
None
Management Fee:
Miscellaneous: Ceiling Height:
Natural Gas Provider:
New Construction:
No
Parking/Driveway:
Additional Parking, Circular, Dirt, Gravel, Unpaved
Retail/Display:
864.00
Road Type/Frontage:
4+ Lanes, Paved, Public (City/Cty/St)
Road/Trans Access: Airport:
Road/Trans Access: County Highway:
Road/Trans Access: Interstate:
Road/Trans Access: Port:
Road/Trans Access: Rail:
Road/Trans Access: State Highway:
Roof:
Shingle
Sewer Provider:
Tenant Pays:
Unit #:
Utilities:
Municipal Water, See Remarks, Septic On Site
Warehouse:
Water Heater:
Electric
Water Provider:
Zoning:
GB
Office :
Exterior Finish:
Block, Vinyl Siding
List Price/SqFt:
$297
Sub-Type:
Commercial
Tax Year:
2023
Public Remarks:
COMMERCIAL PROPERTY!!! 1.61 Acres strategically positioned across from Port Elizabeth Centre and Elizabeth City Crossing shopping centers. This corner lot with an impressive 1, 018 feet of road frontage, promises unparalleled visibility for your business endeavors. Positioned between two large shopping centers and multiple businesses, this property benefits from maximum visibility, drawing from substantial daily traffic counts on South Hughes Blvd and West Ehringhaus Street. With a General Business (GB) zoning designation, this property offers a broad spectrum of potential commercial uses. Two structures define the property-a 3 bedroom/2 bath single family residence constructed in 1935 and a currently leased 864 sq ft commercial building. Both structures feature roofs that are approximately 5 years old. Beyond the lease income, the property includes advertising billboards that yield an annual income of $1, 200. The corner lot configuration provides 564 feet of road frontage onS Hughes Blvd and 454 feet of of frontage on W Ehringhaus St. The vacant residence, previously tenanted until the fall of 2023, offers the option for residential or commercial repurposing, providing additional flexibility for potential buyers. The 864 sq ft commercial building is currently rented for $1, 100 per month with a lease in place which runs through December 31, 2026. With the dynamic traffic flow and versatile zoning, the property is poised for strategic development, presenting a unique opportunity for investors, developers and entrepreneurs.
|