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Riverfront Residential Income Property
For Sale
$799,800

301-302 South Water Street, Elizabeth City, NC 27909

Top-floor residential property with elevator access, rooftop decks, and deeded boat slips.

Property Size3,618 SF
Price / SF$221.06
Days on Market524

Property Features for 301-302 South Water Street

General Information

Standard status Active
Size 3,618 SF
Property subtype Commercial Sale / Multi Family
Zoning CB

Taxes and HOA fees

Annual Taxes $4,837

Amenities

Central Air, Heat Pump, Yes
Yes, Heat Pump, Electric, Forced Air
Other
LVT/LVP, Brick, Carpet, Tile, Wood
Electric
MLS
Membrane
Brick
Dock
Slab
Brick, Brick/Stone, Wood Frame

Building Details

Year Built 1994
Listing Agency: Sam Davis & Associates Realty
Listed By: Sy Davis · License #320064
Source: Compass
Added: Mar 28, 2025 Changed: Sep 2 Last Checked: Sep 2 at 12:14AM

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 Sam Davis & Associates Realty

Investment Insights

Based on property information with market context.

This residential income property occupies the building’s third floor and includes the entire top level, totaling 3,618 square feet. The layout benefits from elevator access, rooftop decks, and deeded boat slips on the Pasquotank River. Interior finishes include LVT/LVP, brick, carpet, tile, and wood, with central air, heat pump, electric, and forced-air systems. The building was constructed in 1994 and features brick construction with a membrane roof and slab foundation.

Located downtown on South Water Street in Elizabeth City, the property provides views across downtown and the surrounding riverfront setting. CB zoning is identified for the property, adding a defined land-use designation to the existing residential configuration.

Key Highlights

  • 3,618‑square‑foot third‑floor residential income property
  • Entire top floor of the building with elevator access
  • Deeded boat slips on the Pasquotank River

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Building Supply HVAC Service Auto Repair Shop Dental Office Law Firm Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

177
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Top-floor residential property with elevator access, rooftop decks, and deeded boat slips.
Where is this residential income property located?
The property is located at 301-302 South Water Street Elizabeth City, NC.
What is the asking price?
The asking price for this property is $799,800.
What are key features of this property?
This property features: 3,618‑square‑foot third‑floor residential income property; Entire top floor of the building with elevator access; Deeded boat slips on the Pasquotank River
More about this property
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