Long & Foster > North Carolina > Elizabeth City > 27909
PublicAppPath StateOrProvinceCode NC FullState North Carolina SeoEncodedUspsPreferredCityName Elizabeth-City PostalCode 27909

$475,000

666 S Hughes Blvd
Elizabeth City, NC 27909 (Active)

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Long & Foster > North Carolina > Elizabeth City > 27909
$475,000

666 S Hughes Blvd
Elizabeth City, NC 27909 (Active)

Property Snapshot

1935

Year built

Listing Updated 4/28/2024 3:26 AM

This Property Has

148 Views

Property Stats

Status: Active

MLS#: 124311

Type: Commercial - Other

County: Pasquotank

Ownership: Owned More than 12 Months

COMMERCIAL PROPERTY!!! 1.61 Acres strategically positioned across from Port Elizabeth Centre and Elizabeth City Crossing shopping centers. This corner lot with an impressive 1,018 feet of road frontage, promises unparalleled visibility for your business endeavors. Positioned between two large shopping centers and multiple businesses, this property benefits from maximum visibility, drawing from substantial daily traffic counts on South Hughes Blvd and West Ehringhaus Street. With a General Business (GB) zoning designation, this property offers a broad spectrum of potential commercial uses. Two structures define the property-a 3 bedroom/2 bath single family residence constructed in 1935 and a currently leased 864 sq ft commercial building. Both structures feature roofs that are approximately 5 years old. Beyond the lease income, the property includes advertising billboards that yield an annual income of $1,200. The corner lot configuration provides 564 feet of road frontage on S Hughes Blvd and 454 feet of of frontage on W Ehringhaus St. The vacant residence, previously tenanted until the fall of 2023, offers the option for residential or commercial repurposing, providing additional flexibility for potential buyers. The 864 sq ft commercial building is currently rented for $1,100 per month with a lease in place which runs through December 31, 2026. With the dynamic traffic flow and versatile zoning, the property is poised for strategic development, presenting a unique opportunity for investors, developers and entrepreneurs.

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Heating: Heat Pump

Highlights of this Property

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Public
Septic Tank

Interior
Heating: Heat Pump

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