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Drive-Through Restaurant Building
For Sale
$899,000

1237 N Road St, Elizabeth City, NC 27909

Kitchen equipment, a dining room, and access from two intersecting roads support restaurant operations.

Property Size3,380 SF
Lot Size1.24 Acres
Price / SF$265.98
Days on Market8

Property Features for 1237 N Road St

General Information

Standard status Active
Size 3,380 SF
Total Parking Spaces 36
Lot size 1.24 Acres
Property subtype Commercial

Site & Location

Drive-Thru Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Asking Price $899,000
Commercial Hood Yes

Building Details

Year Built 2006
Buildings 1
Listing Agency: Rich Company
Listed By: Alex Rich · License #261159
Source: Augustaaikenhomefinder
Added: Sep 27 Changed: Oct 4 Last Checked: Oct 4 at 9:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rich Company

Investment Insights

Based on property information with market context.

Built in 2006, the restaurant contains 3,380 square feet on a 1.24-acre corner parcel. The interior includes a large dining room beneath a vaulted wood ceiling, along with a drive-through and commercial kitchen equipment. Equipment includes 4', 5', and 7' hoods, a walk-in cooler and freezer, fryer, warming table, and ice cream machine. Natural gas service is connected, and an enclosed double dumpster corral is on site.

The property has 36 parking spaces and curb cuts on both North Road Street and Jennings Drive. College of the Albemarle, with 3,000 students, is across from the site. Mature oak trees and shrubs are part of the landscaping.

Key Highlights

  • 3,380‑square‑foot restaurant on a 1.24‑acre corner parcel
  • Built in 2006 with a drive‑through and 36 parking spaces
  • Curb cuts on North Road Street and Jennings Drive

Property Analytics

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Current Use

Captain D's Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

509
Businesses Nearby

Demographics for 27909, NC

40,606
Population
17,591
Households
2.3
Avg Household Size
40
Median Age
27%
College-Educated
90%
High-School Grad
226.9 sq mi
ZIP Area
179
Density / Sq Mi
$64,039
Median Household Income
$40,399
Median Earnings
$1,146
Median Rent
$223,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Kitchen equipment, a dining room, and access from two intersecting roads support restaurant operations.
Where is this drive through restaurant located?
The property is located at 1237 N Road St Elizabeth City, NC.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 3,380‑square‑foot restaurant on a 1.24‑acre corner parcel; Built in 2006 with a drive‑through and 36 parking spaces; Curb cuts on North Road Street and Jennings Drive
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