Commercial

116 Corporate DrIve, Elizabeth City

$973,000.00

  • Listing ID #: 124750
  • Status: Active
  • Address: 116 Corporate DrIve, Elizabeth City, NC 27909
  • Date Listed: 2/21/2024
  • Days on Market: 367
  • Acres: 2.7
  • Stipulations: No

Location Location

Agent Comments Agent Comments
The EC community still seems to have a need for the current configuration and property use as a daycare/academy. However, the interior has an existing commercial kitchen, several expansive open areas, and offices making a customized buildout a great economic alternative to new construction. This 10,400 SF building is located on +/-2.7 acres in the Pasquotank Commerce Park, a 300-acre industrial business park only 32 miles South of the Port of VA (POV) and just off US 17 Bypass. This is the choice location for enjoying the economic benefits of NC such as lower cost of living compared to Southeastern VA communities, lower corporate tax rates, lower property tax rates, and the charm of the historic downtown River City with breweries, wine bar and fantastic restaurants and shops. Natural Gas is connected expanding other business use possibilities. Don't miss this great investment and business opportunity!

Additional Features Additional Features
  • Construction Materials: Frame,Wood
  • County: Other
  • Days on Market: 367
  • Flood Zone: X
  • Pool: No
  • Property Sub Type: Industrial
  • Sewer: Municipal Sewer
  • Waterfront Features: None
  • Water/Sewer: Municipal Water
  • Year Built: 2004

Financial Financial
  • Annual Tax Amount: 6766
  • Bank/Institution Owned: No
  • Buyer Financing: Commercial,Cash,Other-See Remarks
  • Possession: At Closing
  • Short Sale: No
  • Tax Year: 2023

Interior Features Interior Features
  • Cool System: Central, Heat Pump
  • Heat System: Central, Electric, Heat Pump

Exterior Features Exterior Features
  • Foundation details: Slab
  • Fuel Tanks: None
  • Lot Features: Corner,Level
  • Road Surface Type: Public,Paved
  • Roof: Metal
  • Water Source: Municipal Water
  • Waterfront Feature: None

Location Location
  • Flood Zone: X
  • Street Number: 116
  • MLS Area Minor: Elizabeth City

Listed by: Joe from OBX Island Realty.