Courtesy: Rich Company
252-338-5432
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 Street (892309261179), 1110 Park Street (892309260112), and 0000 Park Street (892309261032). This portfolio includes 24 total units, each ranging approximately 800-900 sqft, with a combined building square footage of approximately 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 Street consists of four quadplex buildings. 1005 Raleigh Street includes one duplex and one six-unit building. The complex is currently 95.8% occupied, with only one vacant unit, actively marketed at $1,200/month. Current rents range from $1,000-$1,300 per month. At current occupancy, the property generates approximately $303,000 in gross annual income, with projected gross income of $317,400 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 Street, 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 Zoning District, while the additional residual parcel, 0000 Park Street (Tract 3 in DB 1284, DP 477), is zoned, R-8 residential. The 6,902 sqft residual parcel is subject to a restrictive covenant prohibiting the construction of any building or structure for the lifetime of the previous owners and 21 years thereafter.
Courtesy: Hall & Nixon Real Estate, Inc
252-335-8600
Join the lucrative business development along northeast North Carolina's rapidly growing Highway 17 corridor. This prime location of approximately 1.24 acres sits on the corner of Hwy 17S Business, and the Halstead Boulevard Connector in Elizabeth City, NC. There is an average daily traffic count of 22,000 AADT, from 2023 NCDOT, with 195' of road frontage on Hwy 17 Business (Hughes Blvd.), and nearly 190' of road frontage on Halstead Boulevard. The business has four driveway entry points. In addition, the property is adjacent to the national hotel chain, The Hampton Inn, as well as a local real estate office. There is a current building with approximately 2,400 square feet, 16 dedicated parking spaces, and four double-sided gas pump station areas. The strategic location has general business zoning making it open to a realm of possibilities for new investment.
Courtesy: Sam Davis & Associates Realty
252-267-5865
Two-story commercial office building, centrally located in Elizabeth City, just minutes from Elizabeth City State University, the U.S. Coast Guard base, and Sentara Albemarle Medical Center. The property features ample off-street parking, an elevator, and restrooms on each floor. Interior layout includes numerous private offices and classroom-style spaces, making it ideal for professional, medical, educational, or administrative use.
Courtesy: Select Rental Services
252-335-8633
Great commercial rental opportunity located in Elizabeth City, offering excellent traffic count and visibility. This space includes one bathroom, a common/reception area, a supply or utility room, and a private office—ideal for a small business or professional use. Rent includes lawn care, landscaping, pest control, security, water, sewer, and trash pickup. The tenant is only responsible for rent and electricity, making this a convenient and cost-effective option for your business.
Courtesy: Rich Company
252-338-5432
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.
Courtesy: Rich Company
252-338-5432
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.
Courtesy: Berkshire Hathaway HomeServices RW Towne Realty/Moyock
252-435-6233
Looking to expand your current business? Or searching for an investment property? Maybe a star-up business! own a piece of history in the vibrant and evolving downtown Elizabeth City! There are endless opportunities with this unique property located just 2 blocks from the Intra Coastal Waterway! This property is full of history, once the famous Center Theatre and the legendary world renowned pool player, Whimpy Lassiter. Bring you vision to life and make your business address 500 E Colonial Ave.
Courtesy: Asher RE LLC
252-421-1182
Historic tax credit opportunity on this 2 story building in downtown Elizabeth City. Apx. 5000 square foot building. A garage in rear and a driveway/parking behind the garage. Downstairs can be converted a retail business or restaurant. Upstairs could be changed into apartments with 5 South facing windows in the front and several windows boarded up on the east side. Behind the garage is a driveway that exits to McMorrine Street. Heat/ac disconnected. Roof replaced.
Courtesy: Tunnell Appraisals
252-335-5219
Great location between City and important locations such as College of the Albemarle, and YMCA. It is also between Elizabeth City and several subdivisions.
Courtesy: Rich Company
252-338-5432
Incredible opportunity to own this 3-story building built in 1885 by Jerome Flora that has only been owned by two families since being built 140 years ago. At the corner of Water and Fearing Streets with direct views of the Pasquotank River. +/- 1,820 sq ft per floor for a total of 5,460 sq ft. Under the unfortunate addition of vinyl siding is original brick exterior and there were more than 26 original segmented windows leasing 6'5'' tall by 3' wide that have been blocked in with cinderblocks. The second and third floor each have 4 windows facing the River & Water Street, six windows per floor facing Fearing Street, two windows facing Poindexter in the rear, and six windows can be added to the third floor facing Main Street with HPC approval. Ceiling heights of 11' on the first floor and 10' on the second and third floors. Stairs to access second and third floors and freight elevator in unknown condition. Tenant on first floor pays $700/month on a month to month lease. Pitched heavy duty rubber membrane roof is approximately 10 years old.
Courtesy: Rich Company
252-338-5432
Immaculate 6,632 sq ft office building on an extremely well landscaped 1.06AC corner lot available for sale (or lease) in the very desirable City Center West Commercial Park off Halstead Blvd Ext about 1/4 mile away from the new Hospital. Built in 2007 with current layout to suit two occupants, Suite B on the left side is 4,900 sq ft which includes 2nd floor space, mostly open floor plan, 6 offices w/windows, kitchenette and more. Suite A on the right is 1,732 sq ft with large reception area, one very large office, 3 offices w/windows and kitchenette. Floor plans included in documents. Sale price is $122,400 below tax value. Lease rate is $17psf annually for either or both Suites. Seller could relocate or continue to lease Suite A if property is sold.
Courtesy: Rich Company
252-338-5432
Industrial opportunity to purchase this 19,950 sq ft building on a 3.57 acre lot zoned I-1 next to TCOM in Pasquotank County NC minutes from the City Limits of Elizabeth City. The main building was built in 2001 and it is 120' wide by 144' deep with 4,560 sq ft of office space, a 12,720 sq ft open warehouse with a service shop on the side measuring 36' by 72'. Ceiling heights are an impressive 25'7'' at the ridge and 16' at the eaves. 3 automatic overhead doors range from 12'w x 12'h, 20'w x 14'h, and 20'w x 23'h. Fully heated (propane) and central air conditioned although warehouse AC has not been used in years. Large 30+ vehicle parking lot with a 20' wide concrete band bordering the property which is over 25,000 sq ft of concrete for parking and exterior storage. 5 offices in the 10' x 10'-12' range, 3 larger offices, 2 kitchenettes, 4 restrooms, large 16' x 24' conference room, and a 35' x 35' workspace room. Seller desires a leaseback of up to 18 months following closing but he is willing to pay $12,000 per month to rent it back during that period. Metal roof has just been completely reconditioned and cleaned.
Courtesy: Howard Hanna WEW/EC
252-338-7653
What an amazing opportunity to own FOUR+ Commercial Acres w/ a Huge office building (could be three apartments)! Land has sketch plan for three more proposed commercial spaces/office buildings/apartments... or build to suit your needs! Existing office has 14 office spaces, bathrooms, and reception area on ground level. Top level has huge office, kitchen, bathroom, records room, and space for 6 desk areas. Was used as a medical office building, procedure rooms, billing...
Courtesy: Water Street Real Estate Group
252-562-6364
Approximately 0.53 acre zoned Office & Institutional (O&I) in a high-traffic, high-visibility area of Elizabeth City. Strategically located near hotels, shopping centers, theaters, and rooftops, this site offers exceptional access to both the US Hwy 17 Business and Bypass routes. Positioned at the gateway to one of the most actively developing corridors in Elizabeth City and Pasquotank County. Multiple parcels are available, allowing for a combined total of approximately 2.14 acres. Additional properties on the same block may also be available, bringing the total to over 10 contiguous acres of developable land zoned O&I and I-1 (Industrial). Please refer to current listings for the most accurate and up-to-date availability. Elizabeth City serves as the economic and service hub of Northeastern North Carolina, drawing from a regional population of nearly 90,000 across Pasquotank, Perquimans, Camden, Gates, and Chowan counties. Additionally, Elizabeth City is quickly finding itself to be a weekend getaway, passthrough town to travelers in route to the Outer Banks and much more. With 3 colleges and universities focused on both education and trade, Elizabeth City is positioning itself for the coming growth. This site places your business in the heart of a rapidly growing market—where healthcare, education, retail, and government services converge to meet regional demand. Permitted uses under O&I zoning include but are not limited to: duplexes and accessory dwellings, government offices, athletic fields, public parks and recreational facilities, outdoor theaters, and various retail and service establishments.
Courtesy: Water Street Real Estate Group
252-562-6364
Approximately 0.59 acre zoned Office & Institutional (O&I) in a high-traffic, high-visibility area of Elizabeth City. Strategically located near hotels, shopping centers, theaters, and rooftops, this site offers exceptional access to both the US Hwy 17 Business and Bypass routes. Positioned at the gateway to one of the most actively developing corridors in Elizabeth City and Pasquotank County. Multiple parcels are available, allowing for a combined total of approximately 2.14 acres. Additional properties on the same block may also be available, bringing the total to over 10 contiguous acres of developable land zoned O&I and I-1 (Industrial). Please refer to current listings for the most accurate and up-to-date availability. Elizabeth City serves as the economic and service hub of Northeastern North Carolina, drawing from a regional population of nearly 90,000 across Pasquotank, Perquimans, Camden, Gates, and Chowan counties. Additionally, Elizabeth City is quickly finding itself to be a weekend getaway, passthrough town to travelers in route to the Outer Banks and much more. With 3 colleges and universities focused on both education and trade, Elizabeth City is positioning itself for the coming growth. This site places your business in the heart of a rapidly growing market—where healthcare, education, retail, and government services converge to meet regional demand. Permitted uses under O&I zoning include but are not limited to: duplexes and accessory dwellings, government offices, athletic fields, public parks and recreational facilities, outdoor theaters, and various retail and service establishments.
Courtesy: Water Street Real Estate Group
252-562-6364
Approximately one acre zoned Office & Institutional (O&I) in a high-traffic, high-visibility area of Elizabeth City. Strategically located near hotels, shopping centers, theaters, and rooftops, this site offers exceptional access to both the US Hwy 17 Business and Bypass routes. Positioned at the gateway to one of the most actively developing corridors in Elizabeth City and Pasquotank County. Multiple parcels are available, allowing for a combined total of approximately 2.14 acres. Additional properties on the same block may also be available, bringing the total to over 10 contiguous acres of developable land zoned O&I and I-1 (Industrial). Please refer to current listings for the most accurate and up-to-date availability. Elizabeth City serves as the economic and service hub of Northeastern North Carolina, drawing from a regional population of nearly 90,000 across Pasquotank, Perquimans, Camden, Gates, and Chowan counties. Additionally, Elizabeth City is quickly finding itself to be a weekend getaway, passthrough town to travelers in route to the Outer Banks and much more. With 3 colleges and universities focused on both education and trade, Elizabeth City is positioning itself for the coming growth. This site places your business in the heart of a rapidly growing market—where healthcare, education, retail, and government services converge to meet regional demand. Permitted uses under O&I zoning include but are not limited to: duplexes and accessory dwellings, government offices, athletic fields, public parks and recreational facilities, outdoor theaters, and various retail and service establishments.
Courtesy: Rich Company
252-338-5432
Prime location with ample visibility for this affordable 1.5AC property zoned General Business in Flood Zone X where no flood insurance is required. 177.32' frontage on Commercial Blvd and 377' lot depth. Water and Sewer are available and have been run to the property. Centrally located in the sought after Tanglewood area between Super Wal-Mart and Hwy 17 bypass. Immediate neighbors include Super Wal-Mart and other small shops including Jersey Mike's, Foot Locker, Verizon, Game Stop, Sentara Therapy, Montessori School, brand new Climate Controlled Storage facility about to open, 180 unit Multi-Family development Tanglewood Lakes Apartments. Coming soon: 80 room Hilton product hotel on 2.1AC and 204 unit Class-A Multi-Family project on 11AC approved between Commercial Blvd and Hwy 17 bypass. Lot has a 20' wide utility and drainage easement on the North, West, and East sides and has a 10' utility and drainage easement on the South side. This property is zoned General Business, accommodating a wide range of commercial and office uses including medical and healthcare services such as urgent care, dental practices, or specialty clinics. While the area is already home to numerous offices, there remains a strong demand for convenient, walk-in options that serve both residents and visiting travelers.
Courtesy: Sam Davis & Associates Realty
252-267-5865
This is a one of a kind property located on the Pasquotank River, downtown, deeded boat slips, elevator access, third floor of the building, roof top decks, the whole top floor of the building. From the top deck and the condos, you have a 360 degree view of all of downtown with describably the best 4th of July view in Elizabeth City. Breathtaking views and designer decor.
City lot on the corner of Elliot & Grice Streets located in the Central Business District and just steps from downtown and waterfront. This .29 acre lot can be used for a wide variety of commercial activates including retail, offices, services, entertainment, institutional uses and living space. With acceptable offer the sellers will offer owner financing.
Courtesy: Taylor Mueller Realty, Inc.
252-331-2233
City lot on the corner of Elliot & Grice Streets located in the Central Business District and just steps from downtown and waterfront. This .29 acre lot can be used for a wide variety of commercial activates including retail, offices, services, entertainment, institutional uses and living space. With acceptable offer the sellers will offer owner financing.
Courtesy: Hall & Nixon Real Estate, Inc
252-335-8600
Commercial vacant lot on heavily traveled city thoroughfare. - This .90 acre Ehringhaus Street parcel is ready for building and is bordered by three different city streets.
Courtesy: Rich Company
252-338-5432
Price reduced by $290,000 on this 1.234AC triangular shape lot with 431.57' of frontage on Hughes Blvd with a traffic count of over 15,000 vehicles per day located between the busiest intersections in the County which are Ehringhaus Street, Halstead Blvd, and Hughes Blvd which have a combined traffic count of about 60,000 vehicles per day. Located behind Chick-Fil-A and Panera across the street from Albemarle Lanes Bowling Alley. Mostly in the X flood zone with a small portion in the rear in the AE Deeds are 1178/89, 1187/608, and 1187/610 which is a quitclaim deed. The City of EC has a 30' easement across the rear of the property. The Manager of the ownership LLC is a NC Licensed Real Estate Broker.
Courtesy: Rich Company
252-338-5432
Price reduced by $195,000 on this prime 3.94AC parcel of land with 514.91' frontage on Halstead Ext, 604.44' fronting W Church St (Ext), and 177.04' on Ridgefield Drive that connects Halstead & Church. Traffic counts are 20,000 vehicles per day on Halstead Ext. Sewer line has been run on property but it would need to be annexed into the City limits to get City Sewer, Water, and Zoning. This process should be able to occur simultaneously with site plan approval. Subdividing property may be considered on a case by case basis. Approximately 3 of the 3.94AC are not in the flood zone, +/-0.3AC in X flood zone and +/-0.6AC in AE flood zone. Manager of LLC that owns property is a NC Licensed Real Estate Broker.
Courtesy: Howard Hanna WEW/EC
252-338-7653
Totally Renovated office complex with reception area, file room, 5 offices (one is huge with four desk areas), conference room, kitchen/lounge, bath and storage area. Three acres, private with gravel and concrete parking. Tower out back gives you great internet (no need to run cable down the drive...) All furnishings negotiable with offer. Three acres - room to expand, add storage units... Seller will rent tower and pay new owner and you get great internet for free! Concrete and brick building priced at only $250/square foot for commercial building. Wonderful buy for many options!
Courtesy: Keller Williams Town Center
757-499-5911
Prime Commercial Property — For Sale Only! Ready to take your business to the next level? This high-traffic commercial hotspot is your chance to own a location that practically markets itself! Situated in one of the busiest areas in town—with over 180,000 people per square mile and a median household income of $50,000—this property delivers unmatched visibility, foot traffic, and growth potential. With a proven track record of success (formerly home to Domino's, a catering kitchen, and a car rental business), this space is built for results. It comes as-is with valuable equipment like an exhaust hood, walk-in cooler, and more—making it ideal for restaurants, retail, or service-based businesses ready to make an impact. Don't just imagine the possibilities—come see them for yourself! Schedule your private showing today and discover how this property can become the cornerstone of your next big success.
Elizabeth City is located in North Carolina. Elizabeth City, North Carolina has a population of 18,466. Elizabeth City is less family-centric than the surrounding county with 21.91% of the households containing married families with children. The county average for households married with children is 27.52%.
The median household income in Elizabeth City, North Carolina is $44,759. The median household income for the surrounding county is $56,510 compared to the national median of $69,021. The median age of people living in Elizabeth City is 32.8 years.
The average high temperature in July is 88.8 degrees, with an average low temperature in January of 29.4 degrees. The average rainfall is approximately 47.7 inches per year, with 2.1 inches of snow per year.
