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Commercial Storefront for Sale 610 E Fearing St 1,219 SF 100% Leased Retail Building Elizabeth City, NC 27909 $228,250 ($187.24/SF)

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Executive Summary

Invest in the heart of Downtown Elizabeth City with this newly renovated historic commercial space, ideal for owner occupancy or rental income. Offered at $228,250, this 1,219 sq ft one-story unit features a charming historic façade and prime storefront location just steps from Water Street and the Pasquotank River. The space includes an open retail/showroom area, one private office, and a restroom. Part of a newly recorded six-unit condominium, with declaration and boundary survey included. Current tenant vacates April 1; unit is being advertised at $1,730/month, offering immediate income potential. Built in 1945 and fully renovated from 2020-2022, including new framing, electrical, plumbing, HVAC, TPO roof, and fire suppression system. Zoned Central Business District and surrounded by local shops and restaurants. A rare opportunity to own a turnkey historic downtown asset.

610 E Fearing-Sale-MLS Listing

Deed-604 and 606 E Fearing

Deed_Bk1569_Pg207

10.12_606-610 Fearing_Sealed CD Set

610 E Fearing-Proof of Zoning and Flood Plain

610 E Fearing-Tax Card

Condo_Bk3_Pg024

Property Facts

Sale Type

Investment

Property Type

Retail

Building Size

1,219 SF

Building Class

Year Built/Renovated

1945/2022

Price

$228,250

Price Per SF

$187.24

Percent Leased

100%

Building Height

1 Story

Building FAR

0.45

Lot Size

0.06 AC

Opportunity Zone

Yes

Zoning

CB - Commercial Business

Space Availability

Space
Size
Space Use
Position
Available

610 E Fearing
1,219 SF
Retail
-
60 Days

Available for lease: $1,730/month (gross lease). This renovated 1,219 sq ft one-story commercial space is located in the heart of Downtown Elizabeth City and features a historic façade with a prime storefront just steps from Water Street and the Pasquotank River. The space offers an open retail/showroom area, one private office, and a restroom. Current tenant vacates April 1st. Fully renovated between 20-22 with new framing, electrical, plumbing, HVAC, TPO roof, and fire suppression system. Zoned Central Business District and surrounded by local shops, restaurants, and waterfront attractions, an excellent opportunity for retail, office, or professional use. Unit is currently for sale for $228,250.