Properties

Description

Don't miss this fully occupied 4-unit mixed-use office/retail building located on busy Elizabeth Avenue in the heart of Elizabeth's thriving commercial corridor. This income-producing property features approximately 5,074 square feet of rentable space offering immediate cash flow with all four units currently leased on month-to-month agreements. The property includes separate utilities, natural gas heat, public water and sewer, and fire alarm equipment. Prime location offers outstanding visibility and convenient access to Route 1, surrounded by established businesses and residential neighborhoods.The sale is contingent upon the Seller's successful completion of a Section 1031 Exchange. The Seller must identify and secure the purchase of a replacement investment property. The Buyer agrees to cooperate with the Seller's 1031 Exchange at no additional cost or liability to the Buyer

Features

  • Heating System : 4+ Units
  • Cooling System : 4+ Units
  • Roof Deck : Flat
  • Tax Assessed Valuation: 727300
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas In Street
  • Internet

Additional Info

  • Office Name: COLDWELL BANKER REALTY
  • Office MLS ID: 002445
  • Agent ID: 395171
  • Tax: 15404
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: Commercial

Commercial For Sale

For Sale
$1,099,000

1029 Elizabeth Ave, Elizabeth City, *

  • SQFT 43 Acre
  • Built Year 1920

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5445985
  • Price: $1,099,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1920
  • Year Built Description: Approximate
  • Lot Area: 43 Acre
  • Status: Active
  • Days On Market: 60

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Union
  • City Elizabeth City
  • Zipcode *
  • Street: Elizabeth Ave
  • Street Number: 1029
  • Street Direction: RTE 1to Elizabeth Ave
  • Floor Number: 0
  • Longitude: W75° 47' 29.1''
  • Latitude: N40° 39' 39.1''
  • Internet Display Address: Yes
Property