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Grocery / Retail Opportunity – Heart of Easte 501 NC-118 11,361 SF 100% Leased Retail Building Grifton, NC 28530 $1,900,000 ($167.24/SF)

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INVESTMENT HIGHLIGHTS

  • Building Size: ±11,361 SF
  • Market Strength: Established local customer base and steady foot traffic
  • Parking for ~30 vehicles, approximately 3.54 spaces per 1,000 SF

EXECUTIVE SUMMARY

Rare opportunity to acquire both real estate and business at 501 NC-118 in Grifton, NC. Currently operating as Food Pride of Grifton, this established neighborhood grocery store serves as a community anchor with excellent visibility along NC-118. The property features a flexible layout ideal for grocery, retail, or service-oriented operations, and the included business provides immediate income for investors or owner-operators. Located in Pitt County, within reach of Greenville and Kinston, this site benefits from steady local traffic and a loyal customer base. With the business included in the sale, this property is a true turn-key investment offering strong cash flow potential and long-term value.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
11,361 SF
Year Built
1975
Price
$1,900,000
Price Per SF
$167.24
Percent Leased
100%
Building Height
1 Story
Zoning
CBD - Zoning designation specifically designed for the downtown area to encourage a mix of commercial and retail, and service oriented businesses.

AMENITIES

  • Corner Lot
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Listing ID: 39223949

  • Date on Market: 1/27/2026

  • Last Updated:

  • Address: 501 NC-118, Grifton, NC 28530

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