Portfolio of 5 Properties, New Bern

Retail-Commercial for Sale
Catylist Listing ID: 30388277
Building Size (RSF): 6,174 SF
Gross Land Area: 0.63 Acres
Sale Price: $450,000
Unit Price: $72.89 PSF
Property Use Type: Investment
Building Name: Black Swan Antiques, Ghent Sandwich Shop, rental house, 2 lots
Usable Size (USF): 6,174 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 5/22/2019

Overview / Comments

Portfolio of 5 adjoining corner lot parcels including 1931 three story house and smaller one story house that are rented by Black Swan Antiques, Ghent Sandwich Shop with paved parking lot and two vacant lots for expansion.

Additional Details

Nearest MSA: New Bern
County: Craven
Taxing Authority: Craven
Tax ID/APN: 8-012-131
Zoning: C-3
Retail Clientele: Other
Property Located Between: Black Swan Antiques and Ghent Sandwich Shop
Property Visibility: Excellent
Largest Nearby Street: Broad St
Feet of Frontage: 202
Site Description: 5 Lots
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Good
Year Built: 1931
Roof Type: Gable
Construction/Siding: Wood Frame
Parking Type: Other
Parking Description: Paved parking lot around sandwich shop
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Portfolio of 5 properties including 8-012-12000, 8-012-131, 8-012-126, 8-012-12001, 8-012-322
Zoning Description: C-3
Lot Frontage: 202
Lot Depth: 328
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Carlson & Williams Homes
Legal Description: Portfolio of 5 properties including 8-012-12000, 8-012-131, 8-012-126, 8-012-12001, 8-012-322

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,963 24,870 44,552
Median Age: 39.35 42.83 41.7
Households: 4,238 10,757 18,954

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