412 E Colonial Avenue

Elizabeth City, NC 27909 / N/A

MLS ID# 100415754 Active
Deeded Parking

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$549,900

0.21 acres

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• Description
• Location Information
• Building Info
• Building/Ext Features
• Legal and Taxes
• Details

Description

Possible tax credit opportunity. 2 story building in downtown Elizabeth City just waiting for your vision. There is apx. 2400 sq ft upstairs and 2400 sq ft downstairs. A garage in rear. Downstairs can be converted into a retail business or restaurant. Upstairs could be converted to 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 due to renovation. There is a roof leak. Possible tax credit opportunity. 2 story building in downtown Elizabeth City just waiting for your vision. There is apx. 2400 sq ft upstairs and 2400 sq ft downstairs. A garage in rear. Downstairs can be converted into a retail business or restaur... show more

Location Information

• Street # 412
• Pre Direction E
• Street Name Colonial
• Street Suffix Avenue
• County Pasquotank
• City Elizabeth City
• StateProvince NC
• Zip Code 27909
• City Limits Yes
• Marketing City Elizabeth City
• Subdivision N/A

New Construction

No

Building/Ext Features

• Lot Acres 0.21
• Lot SqFt 9148
• Lot Dimensions Driveway in back that exits to McMorrine
• SqFt - Heated (Primary) 0
• Location Type Mainland

Legal and Taxes

• Tax Assessed Value 238600
• Total City Real Estate Property Tax 3120.61
• Deed Book 1478
• Deed Page 592
• Legal Map 1-D-3-3A
• Broker Owner Yes
• PID 891308898893
• Tax Identifier 891419608099
• Plat Book N/A
• Plat Page N/A
• Total Real Estate Property Taxes 3120.61
• Special Assessments none
• Tax Year 2023
• Year Built 1907
• Zoning R-8
• Cobra Zone No
• Federal Flood Ins Avlbl Yes

Details

• Sub-Type

  Food Service, Mixed Use, Office, Retail, Professional Service

• Basement

  None

• C & I Features

  Overhead Doors

• Construction

  Brick/Stone, Wood Frame

• Exterior Finish

  Brick, Vinyl Siding

• Flooring

  Laminate, Vinyl, Wood

• Foundation

  Crawl Space

• Green Bldg Features

  None

• Sale/Lease Includes

  Buildings, Land

• Parking Features

  Gravel, Off Street, Parking Lot, Public

• Road Type/Frontage

  Paved, Public (City/Cty/St)

• Road/Trans Access

  Airport:16+ Miles, County Highway:Less than 5 Miles, Interstate:Less than 5 Miles, Port:16+ Miles, Rail:16+ Miles, State Highway:Less than 5 Miles

• Roof

  Flat, Membrane

• Current Use

  Commercial, Office

• Cooling

  Central

• Heating

  Heat Pump

• Heating System Fuel Source

  Electric

• Water Heater

  Electric

• Utilities

  City Water, Electricity Connected, Municipal Sewer, Municipal Water, Natural Gas Available

• Current Service Providers

  Electric Provider:City of Elizabeth City, Natural Gas Provider:Piedmont Natural Gas Co., Sewer Provider:City/Town, Water Provider:City of Elizabeth City

• Financial Info

  Real Estate Taxes:3120.61

• Terms

  1031 Exchange, Cash, Conventional