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    Office Suite with Lobby and Parking Title is generated by Realmo AI

    108 S Lee Street, Whiteville, NC 28472

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    Claim this Listing
    For Sale
    $134,900

    SINGLE_FAMILY - Whiteville, NC

    Type:Office
    Property size:
    700 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $192/SF
    Added:
    Mar 23, 2026
    Days on Market:
    86
    Last Refresh:
    Jun 16 at 6:06 pm

    Property Features for 108 S Lee Street

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    O&I
    Standard status
    Active
    APN
    2648
    Size
    700 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PID: 002648

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1953
    Building materials
    Composition, Asbestos, Wood Frame
    Roof type
    Shingle

    We can help!

    Listing Contact
    Eric D Hill
    Eric D Hill

    Listing agent Eric D Hill License #250127

    Listing office Atlantic Blue Coast Realty LLC PO Box 975, Whiteville, NC

    Listing date Mar 23, 2026

    MLS# 100562221

    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.

    HighLights

    • Approx. 700 sq ft building with 2 offices and 1 bathroom
    • Zoned for residential or light business use (professional office, small medical)
    • Public water and public sewer connected
    • Built in 1953; central air with heat pump heating and electric backup
    • Composition shingle roof; wood frame construction (listed construction includes asbestos)

    Overview

    This property is a compact office suite configured with two offices, one bathroom, and a greeting/lobby area. A kitchen is included, and the layout also features a mostly fenced back yard, which may be well-suited for added parking convenience. Measurements are approximate based on multiple sources.

    The building is located in town at 108 S Lee Street in Whiteville, NC. Public remarks note it sits across from the post office and is near schools, shopping, dining, and banks. The property is zoned O&I.

    From an operating standpoint, the unit is positioned for professional use, with the seller noting it may be suitable for residential or light business use such as a professional office or small medical setting. The combination of a dedicated lobby area and separate offices can support client-facing workflow, while the fenced yard offers a practical feature for managing vehicles on-site. This is offered for sale, and any measurement variations should be confirmed during due diligence.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $15.1k $21.60
    − Vacancy −$3.4k −$4.88
    EGI $11.7k $16.72
    − OpEx −$2.9k −$4.18
    NOI $8.8k $12.54
    700 SF · lease $21.60/SF/yr · vacancy 22.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $125.4K
    $109.7K – $146.3K (±1% cap)
    NOI $8,777 @ 7.0% cap · market cap 6.51%
    Second Best
    Healthcare Medical
    $117.9K
    $103.2K – $137.6K (±1% cap)
    NOI $8,255 @ 7.0% cap · market cap 6.12%
    Theoretical Best
    Office A
    $169.8K
    $148.6K – $198.1K (±1% cap)
    NOI $11,886 @ 7.0% cap · market cap 8.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Whiteville
    County
    Columbus
    State
    North Carolina
    Longitude
    -78.705795
    Latitude
    34.32851

    FAQs

    What type of property is this?
    Office units - Two-office suite with lobby, kitchen, and a mostly fenced back yard that may support convenient parking.
    Where is this office units located?
    The property is located at 108 S Lee Street Whiteville, NC.
    What is the asking price?
    The asking price for this property is $134,900.
    What are key features of this property?
    This property features: Approx. 700 sq ft building with 2 offices and 1 bathroom; Zoned for residential or light business use (professional office, small medical); Public water and public sewer connected
    More about this property
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