Properties

Description

Investment opportunity in one of Elizabeth's fastest-growing neighborhoods. Featuring four residential apartments and two street-level commercial spaces, this property combines reliable rental income with long-term upside in a revitalizing area near the waterfront and major transit lines. Four 2-bedroom, 1-bath residential units all leased, with two recently renovated. Two commercial storefronts: One fully renovated restaurant space, ready for a new operator or owner-user. The second space, formerly Praia da Rocha Fish Market, is currently leased through December 31, 2025. Exclusive driveway and plenty of on-site parking, a rare find in the area. Separate entrances for residential and commercial tenants. Whether you're an investor seeking a cash-flowing asset or a business owner looking to operate in a high-foot-traffic area with built-in rental income, this property delivers. Surrounded by ongoing redevelopment and just minutes from the Elizabethport waterfront, this is a rare chance to stake your claim in a rising market.

Features

  • Heating System : 4+ Units
  • Cooling System : Window A/c(s)
  • Basement : Full, Unfinished
  • Roof Deck : Flat
  • Tax Assessed Valuation: 1207500
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: RE/MAX NEW MILLENNIUM GROUP
  • Office MLS ID: 2102
  • Agent ID: 263022
  • Tax: 23232
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: R-3A

Commercial For Sale

For Sale
$1,500,000

265 2nd St, Elizabeth City, *

  • SQFT 50 Acre
  • Built Year 9999

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5372037
  • Price: $1,500,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 9999
  • Lot Area: 50 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Union
  • City Elizabeth City
  • Zipcode *
  • Subdivision: Elizabeth Port
  • Street: 2nd St
  • Street Number: 265
  • Street Direction: Elizabeth Ave to Second St. Corner of 2nd and Clar
  • Floor Number: 0
  • Longitude: W75° 49' 3.2''
  • Latitude: N40° 39' 14''
  • Internet Display Address: No
Property