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Top-Floor Riverfront Office Units
For Sale
$799,800

301/302 S Water Street, Elizabeth City, NC 27909

Commercial Sale, Elizabeth City, NC

Property Size3,618 SF
Price / SF$221.06
Days on Market522

Property Features for 301/302 S Water Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CB
Parking 4
Parking features Carport, Off Street, Covered
Exterior features Dock
Subdivision Not In Subdivision
Lot features Boat Slip, Bulkhead, Dock, Sailboat Accessible, Water Depth 4+
View River, Water
Directions on the corner of Ehringhaus and Water Street across from the Museum of the Albemarle.
Standard status Active
APN 89130898-4618/4635
Size 3,618 SF

Taxes and HOA fees

Tax Year 2024
Tax Description 89130898-4635/4618
Tax Annual Amount 4837
Legal Description 89130898-4635/4618

Utilities

Utilities Phone Available
Heating system Heat Pump (Heating), Forced Air, Electric (Heating)
Cooling system Heat Pump, Central Air
Water source Public

Amenities

deeded boat slips
roof top decks

Building Details

Year built 1994
Number of units 2
Flooring type Lvt/lvp, Tile, Wood, Carpet, Brick
Building materials Brick, Brick/Stone, Wood Frame
Roof type Membrane
Listing Agency: Sam Davis & Associates Realty
Listed By: Sy Davis · License #320064
Added: Apr 11, 2025 Changed: Sep 12 Last Checked: Sep 14 at 7:06AM
MLS# 100500758

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.

Investment Insights

Based on property information with market context.

The property comprises 3,618 square feet of office space occupying the building’s third floor. Elevator access serves the full-floor layout, while rooftop decks provide elevated views across downtown and the Pasquotank River. Deeded boat slips add a waterfront component, and the building was constructed in 1994 with brick and wood-frame elements.

Located at 301/302 S Water Street in Elizabeth City, the property is within the downtown area and carries CB zoning. Building features include a membrane roof, public water, central air, heat pump systems, forced-air heating, and available phone service. Parking includes off-street spaces, covered parking, and a carport.

Key Highlights

  • 3,618 SF of office space on the building’s third floor
  • Deeded boat slips with dock access on the Pasquotank River
  • Rooftop decks with views across downtown Elizabeth City

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Parking Lot & Garage Auto Parts Store Kitchen & Bath Showroom

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

689
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
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Full-floor office offering with elevator access, rooftop decks, deeded boat slips, and downtown river views.
Where is this office units located?
The property is located at 301/302 S 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 SF of office space on the building’s third floor; Deeded boat slips with dock access on the Pasquotank River; Rooftop decks with views across downtown Elizabeth City
More about this property
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