421-425 S Broad St 5,600 SF 100% Leased Retail Building Edenton, NC 27932 $899,900 ($160.70/SF) 7.96% Cap Rate

Historic J.N. Leary Building Fully Leased Mixed-Use Investment Opportunity
421, 423, & 425 S Broad Street | Downtown Edenton, North Carolina
Own a landmark piece of Edenton history with this exceptional fully occupied mixed-use investment property, prominently located on South Broad Street in the heart of historic downtown Edenton, NC. Built in 1894, the iconic J.N. Leary Building blends timeless architectural character with reliable, income-producing stability.
The property consists of five separate rental units, all currently leased with contracts in place, providing immediate and consistent cash flow from day one:
Three street-level commercial units, well-suited for retail, professional offices, or boutique businesses, benefiting from excellent visibility and steady downtown foot traffic.
Two residential units, offering highly desirable in-town living within walking distance of Edenton Bay, restaurants, shops, and local attractions.
With its historic qualities, classic architectural details, and enduring craftsmanship, the J.N. Leary Building remains a cornerstone of Broad Street’s historic streetscape. The fully leased mixed-use configuration offers diversified income streams, making this an ideal acquisition for investors seeking both stability and long-term appreciation.
Edenton’s continued growth as a destination for tourism, small business, and residential living further enhances the strength of this asset, while the building’s historic significance adds a level of distinction rarely available in today’s market.
This is a rare opportunity to acquire a turnkey, fully leased historic property in one of North Carolina’s most charming and vibrant downtown districts—an investment that combines heritage, location, and dependable returns.
This property is in an opportunity zone and possible historical tax credits.