Retail/Warehouse on HWY 64

Retail-Commercial for Sale
Catylist Listing ID: 30370064
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 10,000 SF
Gross Land Area: 2.09 Acres
Sale Price: $849,500
Unit Price: $84.95 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 10,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/19/2019

Overview / Comments

EXCEPTIONAL EXPOSURE ON HWY 64 This is a commercial property that could meet many needs for the discerning buyer. With approximately 10000 sq ft of free span that includes 8100 sqft of open warehouse plus 1820 sqft of retail space, the property has the potential for many usages, other than the current usage such as an ag supply store, a transfer warehouse for easy access to the Outer Banks, furniture store, etc. and the list of possibilities goes on. The high visibility on the East side of Columbia and the proximity to the Outer Banks make the property highly desirable to either capture the passing traffic or service the OBX marketplace. Included are the two adjoining lots that should allow for future expansion if needed. PIN #s: 8820004755 and 8820004673

Additional Details

Nearest MSA: Kill Devil Hills
County: Tyrrell
Tax ID/APN: 8820006688
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Between Raleigh and Outer Banks
Property Visibility: Excellent
Largest Nearby Street: HWY 64
Feet of Frontage: 460
Highway Access: Highway 64
Site Description: Highly visible highway exposure
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,000 SF
Property Condition: Good
Year Built: 2004
Roof Type: Arched
Construction/Siding: Metal Siding
Heat Type: Electricity
Zoning Description: commercial
In Flood Plain?: Yes
Lot Frontage: 460
Water Service: Municipal
Sewer Type: Septic
Land Ownership: owned

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 893 893
Median Age: 44.68 44.68
Households: 368 368
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