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666 S Hughes Blvd

Elizabeth City, NC 27909
  • $475,000
  • STATUS: Active
  • ON SITE: 128 Days
  • MLS #: 124311
$475,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1935
County:

School Ratings & Info

Description

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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© 2024 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corolla Real Estate. Data last updated: 2024-05-18T23:38:05.557.
www.corollarealestate.com/homes/146561722
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666 S Hughes Blvd Elizabeth City, NC 27909

  • Price: $475,000
  • Status: Active
  • On Site: 128 Days
  • MLS #: 124311
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1935
Built
Neighborhood:
Elizabeth City
County:
Other
Area:
Elizabeth City
Property Description
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.
Exterior Features

Construction BlockFrameMasonryWood Lot Description Corner Lot Size Dimensions 454' x 313' x 564' Roads PavedPublic Roof Asphalt/Fiber Shingle Street Frontage 1018 Waterfront Location None

Interior Features

Air Conditioning Heat Pump Floor Covering CarpetWoodWood Laminate Heating Heat PumpOther

Property Features

Bank Owned YN No Business Or Real Estate Bldg/Land Simple Commercial Type Other Gross Income Range Call Agent Other Counties Pasquotank Possession At ClosingOther-See Remarks Potential Short Sale No Sewer Septic Private Septic Tax Year 2023 Taxes 2887.5 Tenant Pays ElectricWater Water Municipal Water Zoning GB

Listing courtesy of M. Kent Copeland of Coldwell Banker Seaside Realty KH: C: 252-202-2815.


© 2024 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corolla Real Estate. Data last updated: 2024-05-18T23:38:05.557.
 
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