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412 E Colonial Avenue, Elizabeth City, NC 27909

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


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
412 E Colonial Avenue, Elizabeth City, NC 27909- MLS# 100415754
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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