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Former Bank Building with Vault

201 New Bridge Street Jacksonville, NC 28540

New
201 New Bridge Street, Jacksonville, NC, 28540
$600,000
For Sale
$600,000

SINGLE_FAMILY - Jacksonville, NC

Property Size4,452 SF
Lot Size0.31 Acres
Price / SF$134.77
Days on Market2

Property Features for 201 New Bridge Street

General Information

Property type
Residential
Property subtype
Office
Zoning
DTB
Parking features
Parking Lot
Standard status
Active
APN
410-18
Size
4,452 SF
Lot size
0.31 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
COURT ST & NEW BRIDGE ST
Tax Annual Amount
3444

Utilities

Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1961
Listing Agency HomeSmart Connections
1106 Gum Branch Rd, Jacksonville, NC
Listed by Allison Silva · License #346460
Added: Jul 17 Checked: Jul 18 at 1:06 am
MLS# 100589736

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

201 New Bridge Street in downtown Jacksonville, NC presents a former bank building with a flexible interior layout. The space includes numerous private offices, common areas, restrooms, a utility area, and the original bank vault, supporting a range of professional and service-oriented uses.

The property is located in the heart of downtown, with claims of walkable proximity to government offices, the courthouse, restaurants, retail, and other downtown amenities. Zoning is listed as DTB, and the offering notes ample on-site parking and a highly visible presence in Jacksonville’s revitalized downtown district.

As configured, the building’s combination of private office rooms, shared areas, and dedicated utility and restroom space can accommodate organizations that need both individual workspaces and supporting common infrastructure.

Key Highlights

  • Former bank building with flexible floor plan featuring numerous private offices, common areas, restrooms, and a utility area
  • Includes the original bank vault, plus multiple office and common‑room spaces
  • Central air conditioning and electric/forced‑air heating

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $80.1k $18.00
− Vacancy −$12.0k −$2.70
EGI $68.1k $15.30
− OpEx −$17.0k −$3.82
NOI $51.1k $11.48
4,452 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$815.7K
$713.7K – $951.6K (±1% cap)
NOI $57,097 @ 7.0% cap · market cap 9.52%
Second Best
Office B
$729.8K
$638.6K – $851.5K (±1% cap)
NOI $51,087 @ 7.0% cap · market cap 8.51%
Theoretical Best
Office A
$967.1K
$846.2K – $1.13M (±1% cap)
NOI $67,699 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Center Jacksonville Real Estate Agency Ally Bail Bonds Law Firm Kaizen Contracting & Roofing Roofing Company Jan's Angels Home ... Home Health Care Service LKCBodi Sculpting Spa & Massage Center

Suggested Use

Dental Office Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Storage Facility Auto Parts Store Carpet & Flooring Store Pet Grooming Service Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Former bank building with private offices, common areas, restrooms, a utility area, and an original vault.
Where is this office building located?
The property is located at 201 New Bridge Street Jacksonville, NC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Former bank building with flexible floor plan featuring numerous private offices, common areas, restrooms, and a utility area; Includes the original bank vault, plus multiple office and common‑room spaces; Central air conditioning and electric/forced‑air heating
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