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Renovated Waterfront Office Units
For Sale
$479,500

207 Queen Elizabeth Avenue, Manteo, NC 27954

COMMERCIAL/INDUSTRIAL, Manteo, NC

Property SizeContact for details
Lot Size0.04 Acres
Days on Market35

Property Features for 207 Queen Elizabeth Avenue

General Information

Property type Residential
Property subtype Office
Zoning B-1
Parking features Garage
Subdivision Waterfrnt Condo
Lot features Dumpster
View Harbor
Standard status Active
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2305

Utilities

Heating system Central, Heat Pump (Heating)
Cooling system Central Air, Heat Pump
Water front 1

Building Details

Year built 1985
Flooring type Tile, Laminate
Building materials Frame, Masonry
Roof type Shingle
Listing Agency: Harrell & Associates
Listed By: Bobby Harrell · License #359
Added: Aug 11 Changed: Sep 13 Last Checked: Sep 14 at 8:06AM
MLS# 133707

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Units 1 and 2 at 207 Queen Elizabeth Avenue comprise office condominiums within a 1985 commercial building. The interiors have been renovated with wood paneling, substantial custom trim, laminate and tile flooring, and refined finishes suited to a professional office setting. Central air and heat pump systems provide heating and cooling, while garage parking is included.

The property is located in downtown Manteo along the waterfront, with restaurants, boutiques, galleries, and other downtown amenities within walking distance. B-1 zoning supports the property's office classification. The combination of two condominium units, finished interiors, waterfront positioning, and an established downtown setting creates a defined office asset for professional users or ownership consideration.

Key Highlights

  • Units 1 and 2 office condominiums at 207 Queen Elizabeth Avenue
  • Renovated interiors with custom wood paneling and detailed wood trim
  • Waterfront downtown Manteo setting near restaurants, boutiques, and galleries

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Dental Office Pharmacy Plumbing Service Barber Shop Auto Parts Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby

Demographics for 27954, NC

6,510
Population
3,587
Households
1.8
Avg Household Size
46
Median Age
39%
College-Educated
95%
High-School Grad
8.9 sq mi
ZIP Area
731
Density / Sq Mi
$78,291
Median Household Income
$35,347
Median Earnings
$1,313
Median Rent
$374,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Two office condominiums offer finished professional space in downtown Manteo near the waterfront and local commercial amenities.
Where is this office units located?
The property is located at 207 Queen Elizabeth Avenue Manteo, NC.
What is the asking price?
The asking price for this property is $479,500.
What are key features of this property?
This property features: Units 1 and 2 office condominiums at 207 Queen Elizabeth Avenue; Renovated interiors with custom wood paneling and detailed wood trim; Waterfront downtown Manteo setting near restaurants, boutiques, and galleries
More about this property
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