Properties

Description

Delivered vacant! Brick mixed-use building with frontage on both Trumbull St and Magnolia Ave. The Trumbull St side is a restaurant with seating for approx. 75, sold with the furniture, fixtures and refrigeration equipment. The Magnolia Ave side has two 2-bedroom apartments. Features include separate heating units, central air, 4 lavatories and a basement for storage. Run your own restaurant and rent the apartments, renovate for rental income, or reposition for retail or office use (buyer to verify permitted uses). Needs renovation and sold strictly as-is. Located in a busy business district surrounded by residential neighborhoods.

Features

  • Heating System : 2 Units
  • Cooling System : Central Air, 1 Unit
  • Basement : Unfinished
  • Roof Deck : Flat, Rubberized
  • Furnished : Tile, Laminate
  • Lot Description: Irregular Lot
  • 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 1890

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: 1890
  • Year Built Description: Approximate
  • Lot Area: 57.21 Acre
  • Status: Active
  • Days On Market: 190

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 St to Magnolia Ave. Restaurant faces Trum
  • Floor Number: 0
  • Longitude: W75° 48' 21.2''
  • Latitude: N40° 39' 40.1''
  • Internet Display Address: No
Property