700 N Kinston Blvd - Storefront Retail/Office FOR SALE


Pink Hill, NC 28572
$275,000 USD
252-560-2726
700 N Kinston Blvd, Pink Hill, NC for Sale
$275,000 USD
Storefront Retail/Office - FOR SALE
1/24
null | 6% Cap Rate

700 N Kinston Blvd
Pink Hill, NC 28572


HIGHLIGHTS

  • Daily traffic count 8,155
  • Two retail units
  • Tenants in place

OVERVIEW

Invest in this exceptional commercial property located on a highly visible corner lot on North Kinston Blvd., which transitions into NC Hwy. 11 in both directions. With an NC DOT traffic count of 8,155 average daily traffic, this property offers excellent exposure for businesses and customers alike. Spanning approximately 2,200 square feet, the building is divided into two distinct business spaces, each with its own entrance. The larger unit, currently occupied by a florist, includes additional storage space, while the other side houses a successful dog grooming business. Both spaces are equipped with mini-split HVAC units, ensuring comfort for tenants and customers year-round. Each unit has a private bathroom. The property also features convenient parking in front and a 60 ft x 35 ft concrete pad in the rear, accessible from both the front and side of the building, providing flexibility for deliveries, additional parking, or future expansion. Recent updates include a new roof installed in April 2024 and stylish LVP flooring added in 2023, giving the building a modern, well-maintained appearance. With leases in effect for both tenants, this property offers a reliable income stream for investors. Contact the listing agent for financial details and lease terms. This property is for sale only, no leasing or owner financing. Don't miss the opportunity to own this versatile, income-producing property in the growing community of Pink Hill. Schedule your private tour today!

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Unit Retail Building Pink Hill, NC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Convenience Store, Storefront, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

Commercial General

APN/PARCEL ID

347804703688

ASK ABOUT THIS PROPERTY

Nathan PerryNathan Perry Realty LLCMore Info
252-560-2726

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Nathan PerryNathan Perry Realty LLCMore Info
252-560-2726

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.