$296.88 Per Sq Foot $2,550 est/mo Sourced by Back At You

666 S Hughes Boulevard,Elizabeth City, NC 27909

Elizabeth City NC, 27909

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Description

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.

Details

MLS#100421449
Listing TypeFor Sale
StatusActive
Year1935
Days On Site101
Listing Provided ByColdwell Banker Seaside/EC | M. Kent copeland

Features

SQ Feet1,600
BasementY
ZoningGB
Acreage1.61

Market Activity 27909

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Learn More About This Property

StateNC
CountyPasquotank
CityElizabeth City
Zip Code27909
AreaPasquotank
Listing VS Median (in 27909)
Price:
$475,000
low | high
Med:
$325,000
81.578947368421% of Average
SqFt:
1,600
low | high
Med:
2,474
4.625% of Average
$ / SqFt:
$297
low | high
Med:
$131
100% of Average
On Site:
101
low | high
Med:
152.000000
66.447368421053% of Average
Sourced by Back At You
Listing Updated: April 1, 2024 at 10:18:00 PM PDT
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