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$865,000
This unique offering is for 106 Lewis Drive a 1.44 acre lot outside of the flood plain owned by a General Contractor who is willing to build you the mirror image of the brand new 6,000 sq ft building on the adjacent lot 106 Lewis Drive for the asking price on the listing. Seller estimates an 8-10 month timeline on completion of the building after closing. Size or design variations will be considered and will likely have a different price. Seller will consider 10+ year NNN lease for prequalified Tenants. Building design includes crushed asphalt driveway and parking lot with 5' concrete sidewalk apron on the front of the building and 12' wide concrete apron on the rear. 6,000 sq ft building is 50' by 120', has 4 automatic 14' by 14' overhead doors, shop ceiling heights between 17'2'' & 22'9'', washer dryer hookups, 1/2 bath, and shop sink in the shop area. Roomy +/-1,250 sq ft office section features entryway with board and batten accent wall, 3 offices with windows, kitchenette, central conference area, 1/2 bath and a storage closet. Upstairs above office finished +/-386 sq ft loft room with full restroom & shower and bonus 850+ sq ft of storage above office. Tours of completed building can be arranged for comparison for qualified buyers.

106 Lewis Dr, Elizabeth City

$2,695,827
Unique investment opportunity to acquire a well-maintained, multi-family apartment complex at a 9% cap rate. NOI at full occupancy is $243,704.40. The complex consists of three properties: 1005 Raleigh St. (892309261179), 1110 Park St. (892309260112), and 0000 Park St. (892309261032). This portfolio includes 24 units, each ranging approx. 800-900 sqft, with a combined building square footage of approx. 21,500 sqft. All units feature 2 bedrooms and 1 or 1.5 bathrooms. Several one-story units offer handicap accessibility, while the remaining units are configured as 2-story apartments. 1110 Park St. consists of four quadplex buildings. 1005 Raleigh St. includes one duplex and one six-unit building. The complex is currently 95.8% occupied, with only one vacant unit, actively marketed at $1,250/month. Current rents range from $1,000-$1,300 per month. At current occupancy, the property generates approximately $309,600 in gross annual income, with projected gross income of $324,600 at full occupancy based on current rental rates. Significant capital improvements have been completed since the current owners acquired the property in 2017, including, replacement of 3 roofs within the past 3-4 years, with 30-year architectural shingles, encapsulation of all quadplexes at 1110 Park St., along with the addition of dehumidifiers, 14 HVAC units replaced (7 since 2017 and 7 additional units replaced in 2016 prior to acquisition) and ongoing interior upgrades, including new carpet, vinyl flooring, fresh paint, and updated appliances. All multi-family buildings are located within the City's Apartment District (AD) zoning, which may allow for additional units to be constructed with site plan and planning approval by the City. The additional residual parcel, 0000 Park St. (Tract 3, DB 1284, DP 477), is zoned R-8 residential and is subject to a restrictive covenant prohibiting the construction of any building or structure the lifetime of the previous owners and 21 years thereafter.

1005 Raleigh St, Elizabeth City

$9,950,000
Turnkey Lumber manufacturing facility for sale in Elizabeth City with use restriction for wood treatment. Subject parcel is 33.72 acres with roughly +/- 20 acres developed and usable zoned I-2 and a 1AC parcel zoned R-15 across Knobbs Creek. Very heavy duty 3 phase 480 amp electrical service, central sewer, 5,040 sq ft of office and breakroom, 166,215 square feet of metal structures with metal roofs, all replaced/repaired or renovated in 2020. Railroad track adjacent on active railroad track with active spur on the property, and river frontage with a history of importing and exporting via barges. Detailed inventory of building and structure sizes, construction (0 walls under roof up to 4 walls), year built, foundation (concrete vs asphalt), and values available in appraisal report in documents. This site employed 140 people at one point in the recent past.

141 Knobbs Creek Dr, Elizabeth City

$1,300,000
Three story medical or office building with elevator available for lease or sale on North Road Street in Elizabeth City across from College of the Albemarle. Built in 2009 with first and second floors each 3,406 sq ft and unfinished 2,497 sq ft third floor can be used for storage as-is or could be finished for additional conditioned space. 1.385AC lot with over 200' of road frontage, ample parking, and rear lot that could be finished for additional parking. 1st floor has large reception area, 9-10 rooms that were exam rooms 2 restrooms, kitchenette, and several pass thru rooms that were for medical staff only. 2nd floor has 5 large offices, one with a full restroom with shower, 2 additional restrooms, very large 46'8'' x 21'9'' conference room, kitchenette, utility room w/washer & dryer hookup, and data room.

1177 N Road St, Elizabeth City

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