Live-Work Space with Open
100 Earl Avenue, Beaufort, NC 28516
For Sale
$200,000
Commercial Sale, Beaufort, NC
Property Size656 SF
Lot Size0.06 Acres
Price / SF$304.88
Days on Market256
Property Features for 100 Earl Avenue
General Information
Property type
Property subtype
Zoning
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Roof type
Listing Agency:
Coldwell Banker Sea Coast Advantage
(910) 378-0455
Listed By:
Marvelous Realty LLC
(443) 365-6241
Added: Feb 28
Changed: Oct 30
Last Checked: Nov 10 at 5:06PM
MLS# 100557289
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.
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Investment Insights
Based on property information with market context.
This 656-square-foot live-work space at 100 Earl Avenue combines a flexible commercial layout with residential-use potential. The interior includes an open main area that previously accommodated a barber shop and can support a range of configurations. Block and vinyl siding construction, a shingle roof, electric heating, and wall and window cooling units are in place. The property was built in 1971 and occupies 0.056 acres.
Located in Beaufort, the property offers a compact setting for an owner-user seeking a combined work and living arrangement. Public water serves the site, and C zoning is identified for the property. Its existing open configuration provides a practical starting point for continued commercial use or conversion to a residence, subject to applicable requirements.
Located in Beaufort, the property offers a compact setting for an owner-user seeking a combined work and living arrangement. Public water serves the site, and C zoning is identified for the property. Its existing open configuration provides a practical starting point for continued commercial use or conversion to a residence, subject to applicable requirements.
Key Highlights
- 656 square feet of interior space on a 0.056‑acre lot
- C zoning with commercial and residential‑use potential
- Open main area previously configured for a barber shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,155
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,100
$203.1K
Cap Rate 7%
$145,071
$145.1K
Cap Rate 9%
$112,833
$112.8K
Market Conditions
NOI Build-Up for 656 SF
Gross rent
$15.7K $24.00/SF
− Vacancy
−$2.2K −$3.36/SF
EGI
$13.5K $20.64/SF
− OpEx
−$3.4K −$5.16/SF
NOI
$10.2K $15.48/SF
Area
Carteret County, NC
Vacancy
14.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,100
Cap Rate 7%
$145,071
Cap Rate 9%
$112,833
Alternative Uses
Best Use
Office B
$145.1K
$126.9K – $169.3K
NOI $10,155 @ 7.0% cap · market cap 5.08%
Second Best
Retail
$108.6K
$95.1K – $126.7K
NOI $7,604 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$196.8K
$172.2K – $229.6K
NOI $13,776 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
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Business Placement
Demographics for 28516, NC
11,204
Population
7,183
Households
1.6
Avg Household Size
52
Median Age
27%
College-Educated
89%
High-School Grad
125.7 sq mi
ZIP Area
89
Density / Sq Mi
$63,257
Median Household Income
$36,227
Median Earnings
$869
Median Rent
$292,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - Flexible commercial property with an open interior, public water, and zoning C in Beaufort.
Where is this live-work space located?
The property is located at 100 Earl Avenue Beaufort, NC.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 656 square feet of interior space on a 0.056‑acre lot; C zoning with commercial and residential‑use potential; Open main area previously configured for a barber shop
