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Goldsboro Mixed-Use Commercial Property

246 N Carolina 581 Goldsboro, NC 27530

Claim this Listing
For Sale
$550,000

COMMERCIAL - Goldsboro, NC

Property size:
3,461 SF
Lot size:
0.77 Acres
Price / SF:
$158/SF
Added:
May 27, 2026
Days on Market:
47
Last Refresh:
Jul 12 at 12:06 am

Property Features for 246 N Carolina 581

General Information

Property type
Commercial Sale
Property subtype
Other
Appliances
Built-In Freezer, Built-In Gas Range, Built-In Refrigerator, Cooktop - Down, Exhaust Fan, Free-Standing Freezer, Free-Standing Refrigerator, Freezer, Gas Cooktop, Ice Maker, Refrigerator, Vented Exhaust Fan
Standard status
Active
Size
3,461 SF
Lot size
0.77 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LT 11 & PT 10 KADIS
Tax Annual Amount
1359

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Heat Pump, Central Air, Separate Meters, Exhaust Fan (Cooling)

Building Details

Year built
1964
Building materials
Brick Veneer, Vinyl Siding

Listing agent Sami Morteo

Listing office EXP Realty LLC 5200 Greens Dairy Rd Ste 106C, Raleigh, NC

Listing date May 27, 2026

MLS# 10169929

Copyright © 2026 Doorify 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 commercial property presents a turnkey opportunity with significant potential. The established business includes essential restaurant equipment and fixtures such as fryers, grills, an ice machine, refrigerators, a walk-in cooler and freezer, a safe, a POS system, a steam table, prep stations, tables, chairs, sinks, and a hood exhaust system. The property also features a spacious apartment with 3 bedrooms, 1 bathroom, a living room, an eat-in kitchen, and a garage. The apartment is currently tenant-occupied on a month-to-month lease, providing additional income. A separate storage/flex space, previously a tanning salon, offers versatility for expansion, retail, office use, additional rental income, or future business opportunities. The property size is 3461 square feet and it sits on a lot of 0.77 acres. Located in Goldsboro, North Carolina, this mixed-use property combines business potential, rental income, and flexible space.

Key Highlights

  • Turnkey restaurant opportunity with all essential equipment included
  • Spacious 3‑bedroom apartment provides immediate rental income potential
  • Versatile storage/flex space suitable for expansion, retail, office, or additional rental income

Local Financial Insights For Apartment 5plus

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 $54.0k $15.60
− Vacancy −$2.7k −$0.78
EGI $51.3k $14.82
− OpEx −$23.1k −$6.67
NOI $28.2k $8.15
3,461 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Specialty Retail
$2.78M
$2.43M – $3.25M (±1% cap)
NOI $194,777 @ 7.0% cap · market cap 35.41%
Second Best
Apartment 5plus
$403.0K
$352.6K – $470.2K (±1% cap)
NOI $28,211 @ 7.0% cap · market cap 5.13%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Dental Office Big Box & Wholesale Store Kitchen & Bath Showroom Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Bakery

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

FAQs

What type of property is this?
Restaurant - Turnkey restaurant, apartment, and flex space for sale.
Where is this restaurant located?
The property is located at 246 N Carolina 581 Goldsboro, NC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Turnkey restaurant opportunity with all essential equipment included; Spacious 3‑bedroom apartment provides immediate rental income potential; Versatile storage/flex space suitable for expansion, retail, office, or additional rental income
Contact an agent
More about this property
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