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112 E Main St 5,524 SF Retail Building Washington, NC 27889 $530,000 ($95.94/SF)
Investment Highlights
- Prime downtown Washington location in the Historic District.
- Extensive renovation completed with updated mechanicals, structural improvements, and roof upgrades.
- Flexible commercial layout suitable for retail, office, showroom, or mixed-use uses.
- One block from the Pamlico River waterfront.
- Historic building featuring reclaimed wide-plank wood flooring and original character elements.
- Strong Main Street frontage with excellent pedestrian visibility.
Executive Summary
Positioned in the heart of Washington’s Historic Downtown District, 112–114 E Main Street offers a rare opportunity to acquire a character-rich commercial asset in a highly walkable central business district. Originally constructed in the late 1800s, the property has undergone significant renovations, including updated mechanical systems, structural improvements, and roof enhancements. The building features attractive reclaimed wide-plank flooring, historic architectural character, and flexible commercial space suitable for retail, office, showroom, gallery, or mixed-use occupancy. Located just one block from the Pamlico River and surrounded by local businesses, dining, and community attractions, the property benefits from strong downtown visibility and accessibility.
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$12,848,824
|
$2,326.00
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$12,848,824
|
$2,326.00
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $12,848,824 |
| Annual Per SF | $2,326.00 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $12,848,824 |
| Annual Per SF | $2,326.00 |
Property Facts
Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
5,524 SF
Building Class
C
Year Built/Renovated
1880/2018
Price
$530,000
Price Per SF
$95.94
Tenancy
Single
Building Height
2 Stories
Building FAR
2.11
Lot Size
0.06 AC
Zoning
B1H
Frontage
26’ on E. Main Street
Amenities
- Security System
- Signage
- Storage Space
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $734,706 (2025) | |
| Land Assessment | $23,850 (2025) | Annual Taxes | $12,848,824 ($2,326.00/SF) |
| Improvements Assessment | $710,856 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$23,850 (2025)
Improvements Assessment
$710,856 (2025)
Total Assessment
$734,706 (2025)
Annual Taxes
$12,848,824 ($2,326.00/SF)
Tax Year
2026
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