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    207 N Water St Elizabeth City, NC 27909

    For Sale
    $299,900

    Condominium - Elizabeth City, NC

    Type:Condominium
    Days on Market:
    49
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 207 N Water St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Condominium
    Standard status
    Active
    Parking features
    Off Street, Parking Lot
    Exterior features
    Grade Loading

    Utilities

    Heating system
    Central, Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air, Heat Pump
    Water front features
    Semi-riverfront

    Building Details

    Flooring type
    Tile, Tile - Ceramic
    Roof type
    Rubber
    Architectural style
    Other

    OBX Island Realty (252) 982-6136 [email protected]

    Listing agent Joe Staten (252) 982-6136 License #270090

    Listing date Oct 20, 2025

    MLS# 129601 Listing URL

    Copyright © 2025 Outer Banks Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Condo in Waterfront District

    This commercial condominium is located in the heart of the waterfront business district of Elizabeth City, North Carolina. The unit features high-end finishes, including exposed brick, suitable for office use. The property is currently tenanted by a thriving national business. The sale includes the real estate only, not the business. The unit is well-maintained and finished. HOA fees are approximately $1,523 per year. This property is positioned as an investment opportunity, with the potential for immediate rental income. Unit 207 sold subject to tenancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Edward Jones - Financial ... Financial Consultant Edward Jones - Financial ... Financial Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth City
    County
    Pasquotank
    State
    North Carolina
    Longitude
    -76.2187556
    Latitude
    36.3006425

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    FAQs

    What type of property is this?
    Office space - Commercial condo with high-end finishes in Elizabeth City, NC.
    Where is this office space located?
    The property is located at 207 N Water St Elizabeth City, NC.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Tenant in place: Collect rent immediately with a national investment firm already occupying the space.; - High-end finishes: Features exposed brick and other top-tier finishes suitable for professional office use.; - Well-maintained space: The property is beautifully finished and well-maintained.
    (252) 982-6136
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    207 N Water St Elizabeth City, NC 27909
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    Elizabeth City, NC 27909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    207 N Water St Elizabeth City, NC 27909
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