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    4622 Arendell Street

    Morehead City, NC 28557
    • $2,100,000
    • STATUS: Active
    • ON SITE: 124 days
    • MLS #: 100273073
    $2,100,000
    • 0
      BEDS
    • 2.92
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,971
      SQFT
    • $140
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Rare Investment Opportunity, Located right in the heart of Morehead City with over 280ft of Road Frontage on Hwy 70 where more than 36,000 vehicles travel daily and just shy of 3 acres. This property is Zoned Multi Use. Property includes 6 rental cottages including a duplex, a 3473 sq ft Brick house, office building with over 7000 sq ft that currently houses Electronics Plus, and additional billboard rental. Steady rental income with all units leased. Current business has a long term lease. Great income potential for the savvy investor.

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    © 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-25T23:55:58.513.
    www.watermarkrealtygroup.com/homes/117552021
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    4622 Arendell Street Morehead City, NC 28557

    • Price: $2,100,000
    • Status: Active
    • MLS #: 100273073
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.92
    Acres
    14,971
    SQFT
    $140
    $/SQFT
    1960
    Built
    Neighborhood:
    Not In Subdivision
    County:
    Carteret
    Area:
    Morehead City
    Property Description
    Rare Investment Opportunity, Located right in the heart of Morehead City with over 280ft of Road Frontage on Hwy 70 where more than 36,000 vehicles travel daily and just shy of 3 acres. This property is Zoned Multi Use. Property includes 6 rental cottages including a duplex, a 3473 sq ft Brick house, office building with over 7000 sq ft that currently houses Electronics Plus, and additional billboard rental. Steady rental income with all units leased. Current business has a long term lease. Great income potential for the savvy investor.
    Exterior Features

    Construction BlockBrick/StoneWood Frame Exterior Finish BlockBrick Foundation BlockCrawl SpaceSlab Location Gen Bus District Location Type Mainland Lot Dimensions Irregular Parking Driveway On SitePavedUnpaved Road Type Frontage 4+ LanesPublic (City/Cty/St) Roof MembraneShingle

    Interior Features

    Attic Access Only Basement None Flooring CarpetConcreteLaminateLvt/LvpTileVinylWood Heating System Heat Pump Water Heater Electric

    Property Features

    Auction No City Limits Yes Cobra Zone No Commercial Features Delivery DoorFire AlarmSecurity SystemStorage Inside Commercial Sub Type Mixed UseOtherRetail Current Use Commercial/ Resident Electric Provider Duke Progress Energy Fuel Tank None Green Building Features None Hoa Amenities No Amenities Hoa YN No New Construction No Occupancy 100.00 Possession At ClosingSubject To Tenant Rights Sale Lease Includes BuildingsLandSee Remarks Sale Or Lease Sale Secondary Subdivision N/A Sewer Provider City Of Morehead City State Highway Less Than 5 Miles Stipulation Of Sale None Tax Year 2019 Terms 1031 ExchangeCashConventionalSba Water Provider City Of Morehead City Water Sewer Municipal SewerMunicipal Water Zoning Com



    Listing information © 2021 NCRMLS
    Listing provided courtesy of Jeremy Alan Grainger of Brass Lantern Realty.


    © 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-25T23:55:58.513.
     
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    Watermark Realty Group
    PO Box 1326
    Jacksonville NC, 28541