$2,400,000
4622 Arendell St, Morehead City, NC 28557
0 Beds
0 Baths
14,971 sqft

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Rare Investment Opportunity, Located right in the heart of Morehead City with over 280ft of Road Frontage on Hwy 70 where more than 36,000 vehicles travel daily and just shy of 3 acres. This property is Zoned Multi Use. Property includes 6 rental cottages including a duplex, a 3473 sq ft Brick house, office building with over 7000 sq ft that currently houses Electronics Plus, and additional billboard rental. Steady rental income with all units leased. Current business has a long term lease. Great income potential for the savvy investor.
  • Price:
  • $2,400,000
  • Square Footage:
  • 14,971
  • Acreage:
  • 2.92
  • Year Built:
  • 1960
  • Listing ID #:
  • 100273073
  • Street Address:
  • 4622 Arendell St
  • City:
  • Morehead City
  • State:
  • North Carolina
  • Postal Code:
  • 28557
  • County:
  • Carteret
  • Subdivision:
  • Not In Subdivision
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Construction Description:
  • Block, Brick/Stone, Wood Frame
  • Flooring:
  • Carpet, Concrete, Laminate, Lvt/Lvp, Tile, Vinyl, Wood
  • Foundation:
  • Block, Crawl Space, Slab
  • Siding:
  • Block, Brick
  • Total Building Square Footage:
  • 14971
  • Type Of Roof:
  • Membrane, Shingle
  • Year Built:
  • 1960
  • Business Type:
  • Mixed Use, Other, Retail
  • Conforms To Zoning:
  • Com
  • Lot Square Footage:
  • 127413.00
  • Road Frontage:
  • 4+ Lanes, Public (city/Cty/St)
  • For Sale Or Lease?:
  • Sale
  • Terms:
  • 1031 Exchange, Cash, Conventional, Sba
  • Hoa Fee Includes:
  • No Amenities
  • Price Per Square Foot:
  • 160.31
  • Tax Year:
  • 2019
  • Attic Present:
  • Access Only
  • Parking Description:
  • On Site, Paved, Unpaved
  • Heating:
  • Heat Pump
  • Water Heater:
  • Electric
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Brass Lantern Realty
  • NCREGIONAL

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