15 E 11th St 5,775 SF 100% Leased Retail Building Roanoke Rapids, NC 27870 $199,900 ($34.61/SF)

Positioned prominently at the corner of 11th Street and Hamilton Street in Roanoke Rapids’ active general business district, this versatile commercial property offers an excellent investment opportunity with multi-tenant income potential and strong long-term stability. Constructed in 1959 and situated on approximately 0.19 acres, the building contains five separate commercial units suitable for a wide range of uses including retail, professional office, business services, and medical. Two of the units are currently occupied by established long-term tenants, a barber shop and a printing business, creating immediate in-place cash flow with additional upside potential from leasing the remaining vacancies.
The property’s freestanding configuration and corner-lot position provide exceptional visibility and access from paved city streets, complemented by approximately 200 feet of road frontage. The brick and concrete exterior, slab foundation, and updated flat roof within the past decade provide a reliable structural profile. Each unit benefits from its own heating source, and utilities include public water and sewer, electricity, cable availability, and phone service. While air conditioning is not confirmed for all units, the overall layout offers flexibility for tenant improvements or repositioning.
On-site parking for at least five vehicles, along with street parking, supports a variety of commercial operations. Surrounded by a mix of commercial users to the north and west and residential neighborhoods to the south, the property serves as a convenient hub for local daily traffic. Its proximity to I-95, Highway 158, and 10th Street enhances accessibility for customers and employees across Halifax County. With its adaptable interior layout, established tenancy, and strategic location within the city’s business corridor, this multi-unit asset is well suited for investors seeking stable returns and future leasing upside in a growing regional market.