1113 Lennoxville Rd, Beaufort, NC 28516
Flexible office layout with B-1 zoning, offering options for business use or a bed-and-breakfast concept.
- Added:
- Nov 5, 2025
- Days on Market:
- 234
- Last Refresh:
- Jun 24 at 6:52 am
Property Features for 1113 Lennoxville Rd
General Information
- Standard status
- Active
- Size
- 1,666 SF
- Property subtype
- OFFICE
Listing office SVN Efird Commercial Real Estate (910) 200-0037
Listing date Nov 5, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of SVN Efird Commercial Real Estate
HighLights
- B‑1 zoning allows for business use and Bed & Breakfast use
- Previously used as professional office space with a flexible layout that can be reconfigured
- Building includes multiple private offices and common areas
- Ample on‑site parking and strong frontage
- Located minutes from the Beaufort waterfront
Overview
B-1 zoning expands potential beyond standard office use, allowing for Bed & Breakfast use. The building offers ample parking and excellent frontage for convenient customer and staff access, and it is located minutes from the Beaufort waterfront.
For buyers or operators, the combination of an office-ready interior and B-1 zoning makes the property particularly practical for organizations seeking a business facility with the option to pivot toward hospitality. It is also a workable fit for anyone interested in restoring the building to a professional office configuration while retaining the regulatory flexibility to pursue a bed-and-breakfast use case if desired.
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 | $40.0k | $24.00 |
| − Vacancy | −$5.6k | −$3.36 |
| EGI | $34.4k | $20.64 |
| − OpEx | −$8.6k | −$5.16 |
| NOI | $25.8k | $15.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Beaufort
- County
- Carteret
- State
- North Carolina
- Longitude
- -76.6520272
- Latitude
- 34.7183759
