Iconic Downtown Elizabeth City Building for sale. Formerly Wells Fargo Bank, 14854 sq ft, 2 stories, 1st floor has 7 offices, huge reception and waiting area, restroom, safe, and drive thru. 2nd floor has 9 offices, safe, break room, 3 large multipurpose rooms, 2 restrooms, file room, conference room, and large reception area. 17 parking […]
Income producing investment opportunity with a 10% cap rate on a triple net leased property, a freestanding 1836 sq ft building located on the corner of N Broad Street and Paradise Road in Edenton. Tenant is Friendly Check Cashing and they have a new 5 year Triple Net lease through April of 2028 with two […]
Very nice +/-6,792 sq ft office building that is much larger than it appears from the outside listed for $41,500 below tax value. All furniture conveys, only IT equipment is being removed. 32 total parking spaces including 18 on the detached parking lot to the rear that is 0.29AC and PIN is 891307689315. First floor […]
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 […]
Fully leased 5,675 sq ft medical building built in 1994 and renovated in 2019 leased for $22/sq ft ($124,850/yr) to Chesapeake Regional Medical Group through April 30, 2026. Services provided at this facility include surgical specialists, breast care, and cardiopulmonary care. LL expenses include $8478.36/yr in property tax, $5,715/yr in insurance, LL responsible for structural […]
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 […]
Charming 1,050 sq ft masonry building renovated in 2005 on a 0.316AC corner lot at the corner of Hwy 158 and Lambs Road in the Belcross area of Camden. Landscaping recently done and VCT floors were just stripped and rewaxed. One large open room with kitchenette with fridge/freezer, sink and countertop and one restroom.
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, […]
Income producing historic office property in Downtown Edenton for sale with an 11% cap rate. Tenant is a CPA firm whose current lease runs through October 31 2025 with a renewal option of 36 months. Tenant pays $28,800 per year in rent (adjusts with the CPI every August) plus utilities taxes, insurance, and repairs except […]
Income producing 9,622 sq ft medical bldg in front of the Hospital in Edenton. Vidant has leased the bldg since 2009, current rent $142,817/yr with $24,362/yr expenses making the NOI $118,455. Current price gives this property an incredible 13% cap rate! Lease has CPI index rent increase ability annually that was just exercised for the […]