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102 W Water St - 102 W Water Street & 105 Washington Street 12 Unit Apartment Building Offered at $749,000 Plymouth, NC 27962

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Investment Highlights

Heavy daytime and weekend traffic
Cashflowing as is with plenty of upside

Waterfront View
The largest building downtown

Executive Summary

Downtown Plymouth continues to attract investment focused on hospitality, tourism, and waterfront redevelopment. The property's location places future owners within walking distance of community festivals, riverfront attractions, and downtown businesses, making it well positioned for destination-oriented commercial development.
Whether repositioned as a flagship restaurant, boutique hotel, mixed-use commercial building, or entertainment venue, the property offers investors the opportunity to create a signature destination within one of Eastern North Carolina's historic waterfront communities.

102_W_Water_Street_Premium_OM_Draft

Financial Summary (Actual - 2025) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	-	-
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	-	-
Net Operating Income	$99,999	$9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual	-
Annual Per SF	-

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	-
Annual Per SF	-

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	$749,000	Building Size	5,140 SF
Price Per Unit	$62,417	Average Occupancy	55%
Sale Type	Investment	No. Stories	3
Sale Condition	Redevelopment Project	Year Built	1901
No. Units	12	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Multifamily General Retail Storefront Retail/Residential Multifamily Apartments Office Office Residential
Zoning	C-1 Commercial

Price	$749,000
Price Per Unit	$62,417
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Units	12
Property Type	Multifamily General Retail Storefront Retail/Residential Multifamily Apartments Office Office Residential
Building Size	5,140 SF
Average Occupancy	55%
No. Stories	3
Year Built	1901
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-1 Commercial

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Fairly walkable

40/100

Very drivable

80/100

Somewhat bikeable

30/100

Source: Local Logic^®

(305) 505-5656

Contact

Marcus Williams
UNITED REAL ESTATE TRIANGLE

Listing ID: 41560874
Date on Market: 8/5/2026
Last Updated:
Address: 102 W Water St, Plymouth, NC 27962

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102 W Water St - 102 W Water Street & 105 Washington Street

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