117 S Water ST Active

Elizabeth City,NC 27909

$ 475000

- Bed

0 Bath

1820 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,820 sqft

Price per Sqft $260

MLS Listing ID 100524099

HOA Y/N No

Year Built 1885

Annual Tax Amount $1,599

Lot Size 1,786 Sqft

Acres 0.04

Lot Dimensions 26'7'' by 71'9''

Source Hive MLS

Property Description

Incredible opportunity to own this 3-story building built in 1885 by Jerome Flora that has only been owned by two families since being built 140 years ago. At the corner of Water and Fearing Streets with direct views of the Pasquotank River. +/- 1,820 sq ft per floor for a total of 5,460 sq ft. Under the unfortunate addition of vinyl siding is original brick exterior and there were more than 26 original segmented windows leasing 6'5'' tall by 3' wide that have been blocked in with cinderblocks. The second and third floor each have 4 windows facing the River & Water Street, six windows per floor facing Fearing Street, two windows facing Poindexter in the rear, and six windows can be added to the third floor facing Main Street with HPC approval. Ceiling heights of 11' on the first floor and 10' on the second and third floors. Stairs to access second and third floors and freight elevator in unknown condition. Tenant on first floor pays $700/month on a month to month lease. Pitched heavy duty rubber membrane roof is approximately 10 years old.

Location

State NC

County Pasquotank

Zoning CB

Direction Downtown waterfront on the corner of Water & Fearing Streets.

Interior

Cooling Wall/Window Unit(s)

Flooring Concrete,Wood

Exterior

Parking Features Public,On Street

Utilities Available Natural Gas Available,Sewer Available,Water Available,Electricity Connected

View River

Roof Type Membrane

Building

Lot Description See Remarks,Corner Lot

Foundation Slab

Sewer Municipal Sewer

Water Municipal Water

New Construction No

Others

Tax ID 891308993145

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

View More
Favorite Go Tour