Ground-Floor Storefront
1004 Pollock Street, New Bern, NC 28562
For Sale
$150,000
Under Contract
Commercial Sale, New Bern, NC
Property Size642 SF
Lot Size0.50 Acres
Price / SF$233.64
Days on Market411
Property Features for 1004 Pollock Street
General Information
Property type
Property subtype
Property condition
Zoning
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Corner Location
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Cooling system
Amenities
handicap-accessible half bath
business-grade Wi-Fi
smart building capabilities
Building Details
Year built
Building materials
Roof type
Listing Agency:
Brick + Willow LLC
(252) 227-0042
Listed By:
Brad Pino · License NC #265728
(252) 671-0841
Added: Sep 26, 2025
Changed: Oct 30
Last Checked: Nov 10 at 12:06PM
MLS# 100533054
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 642-square-foot commercial unit occupies the ground floor of Kings Domain, a mixed-use development at 1004 Pollock Street. The space is under construction and is planned with modern finishes, a glass entry door, large display windows, and 9-foot ceilings. A handicap-accessible half bath, business-grade Wi-Fi, and flexible parking options add practical convenience. Smart building capabilities and an optional elevator are also part of the development’s design.
The property is near historic downtown New Bern, with shopping, restaurants, and small-business activity in the surrounding area. The storefront configuration is suited to boutique retail, studio, office, or specialty service uses. Building systems include electric forced-air heating, central air, water availability, and a metal roof. The planned year built is 2026.
The property is near historic downtown New Bern, with shopping, restaurants, and small-business activity in the surrounding area. The storefront configuration is suited to boutique retail, studio, office, or specialty service uses. Building systems include electric forced-air heating, central air, water availability, and a metal roof. The planned year built is 2026.
Key Highlights
- 642 square feet of ground‑floor commercial space
- 9‑foot ceilings with large display windows and a glass entry door
- Under construction with a planned 2026 year built
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,685
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,700
$253.7K
Cap Rate 7%
$181,214
$181.2K
Cap Rate 9%
$140,944
$140.9K
Market Conditions
NOI Build-Up for 642 SF
Gross rent
$19.3K $30.12/SF
− Vacancy
−$1.2K −$1.89/SF
EGI
$18.1K $28.23/SF
− OpEx
−$5.4K −$8.47/SF
NOI
$12.7K $19.76/SF
Area
Craven County, NC
Vacancy
6.29%
Lease Rate
$30.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,700
Cap Rate 7%
$181,214
Cap Rate 9%
$140,944
Alternative Uses
Best Use
Retail
$181.2K
$158.6K – $211.4K
NOI $12,685 @ 7.0% cap · market cap 8.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$211.7K
$185.2K – $247.0K
NOI $14,817 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
717
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 28562, NC
39,375
Population
18,812
Households
2.1
Avg Household Size
45
Median Age
33%
College-Educated
93%
High-School Grad
151.7 sq mi
ZIP Area
260
Density / Sq Mi
$74,620
Median Household Income
$40,215
Median Earnings
$1,131
Median Rent
$246,400
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Tildy Floral Designs — 228 Craven St, New Bern, NC 28560
- Through the Arbor — New Bern, NC 28560
- Moss — 413 Broad St Suite B, New Bern, NC 28560
Frequently Asked Questions
What type of property is this?
Storefront property - The under-construction space includes modern finishes, display windows, and an accessible half bath.
Where is this storefront property located?
The property is located at 1004 Pollock Street New Bern, NC.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 642 square feet of ground‑floor commercial space; 9‑foot ceilings with large display windows and a glass entry door; Under construction with a planned 2026 year built
