Ground-Floor Storefront
For Sale
Under Contract
$150,000
1006 Pollock Street, New Bern, NC 28562
Commercial Sale, New Bern, NC
Property Size642 SF
Lot Size0.50 Acres
Price / SF$233.64
Days on Market259
Property Features for 1006 Pollock Street
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning
COMMERCIAL - MU
Subdivision
Not In Subdivision
Lot features
Corner Lot
Directions
Beside Brewery 99 on Pollock St.
Standard status
Active Under Contract
APN
8-008 -196
Size
642 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
POLLOCK
Legal Description
POLLOCK
Utilities
Utilities
Water Available
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Amenities
handicap-accessible half bath
business-grade Wi-Fi
smart building capabilities
optional elevator
flexible parking options
Building Details
Year built
2026
Building materials
Wood Frame
Roof type
Metal
Listing Agency:
Brick + Willow LLC
(252) 227-0042
Listed By:
Brad Pino · License #265728
(252) 671-0841
Added: Jan 19
Changed: Sep 12
Last Checked: Oct 5 at 7:06PM
MLS# 100550068
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.
This 642-square-foot ground-floor storefront unit is under construction within the Kings Domain mixed-use development. The space includes a glass entry door, broad display windows, 9-foot ceilings, modern finishes, and a handicap-accessible half bath. Business-grade Wi-Fi, smart-building capabilities, flexible parking, and an optional elevator are also planned features. Construction materials include wood frame with a metal roof, while heating and cooling are provided by forced air, electric heat, and central air.
The property is located at 1006 Pollock Street at the corner of Princess and Pollock Streets, near historic downtown New Bern. Its commercial zoning is designated COMMERCIAL - MU. Water is available, and the planned completion year is 2026. The storefront configuration may accommodate retail, studio, office, or specialty service uses, as identified for the space.
The property is located at 1006 Pollock Street at the corner of Princess and Pollock Streets, near historic downtown New Bern. Its commercial zoning is designated COMMERCIAL - MU. Water is available, and the planned completion year is 2026. The storefront configuration may accommodate retail, studio, office, or specialty service uses, as identified for the space.
Key Highlights
- 642 square feet of ground‑floor commercial space
- Under construction with a planned 2026 completion
- 9‑foot ceilings, glass entry door, and large display windows
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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
717
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Modern commercial space with display windows, accessible half bath, and flexible use within a mixed-use development.
Where is this storefront property located?
The property is located at 1006 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; Under construction with a planned 2026 completion; 9‑foot ceilings, glass entry door, and large display windows
