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$ 650,000
Est. payment | /mo
3,466 SqFt
$ 650,000
Est. payment | /mo
3,466 SqFt
Key Details
Property Type Commercial
Sub Type Purchase
Listing Status Active
Purchase Type For Sale
Square Footage 3,466 sqft
Price per Sqft $187
Subdivision All Others Area 216
MLS Listing ID 10637445
HOA Y/N No
Annual Tax Amount $3,711
Lot Size 7,143 Sqft
Property Sub-Type Purchase
Property Description
Rare Mixed-Use Downtown Opportunity – Completely Turnkey!
This unique mixed-use property presents a rare opportunity to own an iconic downtown commercial restaurant space complete with attached residential accommodations, established short-term rental income, and additional third-floor living or development potential.
Located in the heart of downtown, this fully turnkey property features an established commercial restaurant on the main level with seating for 48 guests, offering strong visibility, charm, and operational flexibility. Designed for a seamless transition, the restaurant is positioned for an owner-operator, investor, or hospitality entrepreneur ready to step into an existing downtown destination.
The second floor currently operates as a successful income-producing Airbnb, generating exceptional supplemental revenue while offering attractive live/work or investment flexibility.
Adding even greater value, the third floor presents exciting opportunities for expanded living space, owner's quarters, luxury suite, creative studio, additional short-term rental accommodations, or future development potential.
Combining commercial success, residential versatility, proven income streams, and expansion opportunity, this rare downtown property is a truly exceptional turnkey investment and lifestyle opportunity ready for its next chapter.
This unique mixed-use property presents a rare opportunity to own an iconic downtown commercial restaurant space complete with attached residential accommodations, established short-term rental income, and additional third-floor living or development potential.
Located in the heart of downtown, this fully turnkey property features an established commercial restaurant on the main level with seating for 48 guests, offering strong visibility, charm, and operational flexibility. Designed for a seamless transition, the restaurant is positioned for an owner-operator, investor, or hospitality entrepreneur ready to step into an existing downtown destination.
The second floor currently operates as a successful income-producing Airbnb, generating exceptional supplemental revenue while offering attractive live/work or investment flexibility.
Adding even greater value, the third floor presents exciting opportunities for expanded living space, owner's quarters, luxury suite, creative studio, additional short-term rental accommodations, or future development potential.
Combining commercial success, residential versatility, proven income streams, and expansion opportunity, this rare downtown property is a truly exceptional turnkey investment and lifestyle opportunity ready for its next chapter.
Location
State NC
County Elizabeth City
Area 216 - Elizabeth City Nc
Interior
Cooling Central Air
Exterior
Parking Features Addl Parking, Off Street
Utilities Available City Sewer, City Water, Electric, Gas
Roof Type Asphalt Shingle
Building
Foundation Crawl
Others
Senior Community No
Ownership Simple
Disclosures None
Special Listing Condition None
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Listed by Water Street Real Estate Group
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