412 E Colonial Avenue, Elizabeth City, NC 27909
$549,900




































Property Type:
Comm Sale or Lease
Lot Size (sq. ft.):
9,148
Status:
Active
Current Price:
$549,900
List Date:
11/21/2023
Last Modified:
11/27/2023
Description
Possible tax credit opportunity. 2 story building in downtown Elizabeth City just waiting for your vision. There is apx. 2400 sq ft upstairs and 2400 sq ft downstairs. A garage in rear. Downstairs can be converted into a retail business or restaurant. Upstairs could be converted to apartments with 5 South facing windows in the front and several windows boarded up on the east side. Behind the garage is a driveway that exits to McMorrine Street. Heat/ac disconnected due to renovation. There is a roof leak.
More Information MLS# 100415754
Contract Info
Available Date: 2023-11-21
Status: Active
Effective Date: 2023-11-21
Delayed Marketing?: No
Delayed Marketing Date (DM): 2023-11-21
Sub-Type: Deeded Parking
Garage: Private
Space: Yes
Sale/Lease: Sale
Listing Price: 549900
Current Price: $549,900
Sub Agent Comm $/%: $
Buyer Agent Comm: 3
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 412
Pre Direction: E
Street Name: Colonial
Street Suffix: Avenue
County: Pasquotank
State/Province: NC
Zip Code: 27909
City Limits: Yes
Marketing City: Elizabeth City
Subdivision: N/A
Geo Lat: 36.300759
Geo Lon: -76.220631
Remarks and Showing
Directions to Property: From Seven Sounds, walk up Colonial Ave to the property... on the right.
Sign on Property: Yes
Building Info
New Construction: No
Building/Ext Features
Lot Acres: 0.21
Lot SqFt: 9148
Lot Dimensions: Driveway in back that exits to McMorrine
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 238600
Total City Real Estate Property Tax: 3120.61
Deed Book: 1478
Deed Page: 592
Legal: Map 1-D-3-3A
Broker Owner: Yes
PID: 891308898893
Tax Identifier: 891419608099
Plat Book: N/A
Plat Page: N/A
Total Real Estate Property Taxes: 3120.61
Special Assessments: none
Tax Year: 2023
Year Built: 1907
Zoning: R-8
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Road/Trans Access
Airport: 16+ Miles
County Highway: Less than 5 Miles
Interstate: Less than 5 Miles
Port: 16+ Miles
Rail: 16+ Miles
State Highway: Less than 5 Miles
Current Service Providers
Electric Provider: City of Elizabeth City
Natural Gas Provider: Piedmont Natural Gas Co.
Sewer Provider: City/Town
Water Provider: City of Elizabeth City
Financial Info
Financial Info: No
Real Estate Taxes: 3120.61
Property Features
Sub-Type: Food Service; Mixed Use; Office; Retail; Professional Service
Basement: None
C & I Features: Overhead Doors
Construction: Brick/Stone; Wood Frame
Exterior Finish: Brick; Vinyl Siding
Flooring: Laminate; Vinyl; Wood
Foundation: Crawl Space
Green Bldg Features: None
Sale/Lease Includes: Buildings; Land
Parking Features: Gravel; Off Street; Parking Lot; Public
Road Type/Frontage: Paved; Public (City/Cty/St)
Roof: Flat; Membrane
Current Use: Commercial; Office
Location: Cent Business District; Historic District
Cooling: Central
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: City Water; Electricity Connected; Municipal Sewer; Municipal Water; Natural Gas Available
Terms: 1031 Exchange; Cash; Conventional
Listing Office: Asher RE LLC
Last Updated: November - 27 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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