610 E Fearing St, Elizabeth City, NC 27909

Property Description

Invest in the heart of Downtown Elizabeth City with this newly renovated income producing historic commercial space. Offered at $228,250, this 1,213 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 five-unit condominium, with declaration and boundary survey included. This space is currently occupied, renting for $1,730/month. Lease ends June 20, 2029. 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.