Properties

Description

Great opportunity to own a mixed-use commercial building in an up-and-coming area with strong value-add potential. Property requires renovation, making it ideal for investors or owner-users looking to customize and maximize returns. Currently configured with two residential apartments on the Magnolia Ave side each offering 2 bedrooms and a restaurant on the Trumbull St side with seating for approximately 75 guests. The building spans both Magnolia Ave and Trumbull St, providing multiple access points. Suitable for a variety of uses, including retail, office, restaurant, or redevelopment (buyer to verify permitted uses). Property is being sold strictly as-is.

Features

  • Heating System : 2 Units
  • Cooling System : Central Air, 1 Unit
  • Basement : Unfinished
  • Roof Deck : Flat, Rubberized
  • Furnished : Tile, Laminate
  • Tax Assessed Valuation: 871200
  • Sewer: Public Available
  • Water: Public Water

Appliances

  • Utilities: All Underground

Additional Info

  • Office Name: KELLER WILLIAMS METROPOLITAN
  • Office MLS ID: 4330
  • Agent ID: 261115
  • Tax: 17572
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: commercial

Commercial For Sale

For Sale
$565,000

645 Magnolia Ave, Elizabeth City, *

  • SQFT 57.21 Acre
  • Built Year 9999

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5423094
  • Price: $565,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 9999
  • Year Built Description: Approximate
  • Lot Area: 57.21 Acre
  • Status: Active
  • Days On Market: 145

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Union
  • City Elizabeth City
  • Zipcode *
  • Street: Magnolia Ave
  • Street Number: 645
  • Street Direction: Trumbull to Magnolia . Restaurant face Thrumbull a
  • Floor Number: 0
  • Longitude: W75° 48' 21.2''
  • Latitude: N40° 39' 40.1''
  • Internet Display Address: No
Property