Listing ID100062577
Listing Price
Est. Monthly Payment: $0.00See Details
Square Feet 3,220
Acres 3,220
Year Built1900
Property TypeCommercial Sale/Lease
Waterview, downtown commercial building on corner of Water Street & South Market Street with income potential of $37,800/yr when fully rented - located in the heart of Washington,NC Historic District and just across the street from the Chamber of Commerce. Downstairs (only) is being marketed for sale in this listing; upstairs is owned by another owner. Building is set up as two condo units. Downstairs includes: two retail storefronts on S. Market Street, two office spaces on back of building near rear entrance of Down On Main Street Restaurant and another single office in hallway. Two HVAC systems heat & cool the down stairs - one unit controls the two retail spaces on S. Market & the other unit controls the rest of the downstairs spaces. Insurance is shared 50/50 between the upstairs owner & downstairs owner. Wind/Hail is $1100/yr & flood insurance is $1352/yr ($2000 deductible). These numbers represent the amount that each owner pays. Property taxes are $2476/yr. Building has not flooded since 1999 and was totally rebuilt in 1999. Real estate agent is a principal in the LLC that owns the property.
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© 2017 North Carolina Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NCRMLS. Real estate listings held by IDX Brokerage firms other than The Rich Company are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. Data last updated: Saturday, August 19th, 2017. Listing courtesy of The Rich Company.

Contact - Listing ID 100062577

Lydie Jennings

1468 Carolina Avenue
Washington, NC 27889
Phone: 252-943-8184

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