Waterfront Redevelopment
For Sale
$3,750,000
301 Hodges St, Oriental, NC 28571
Waterfront property suitable for renovation or mixed-use redevelopment.
Property Size12,392 SF
Lot Size2.22 Acres
Price / SF$472.29
Days on Market158
Property Features for 301 Hodges St
General Information
Standard status
Active
Size
12,392 SF
Lot size
2.22 Acres
Property subtype
Mixed Use
Building Details
Building Size
12,392 SF
Listing Agency:
Lee & Associates - Raleigh Durham
(919) 906-0524
Listed By:
Scott Hadley · License #102540
(919) 906-0524
Source:
Lee-associates
Added: Mar 4
Changed: Aug 8
Last Checked: Aug 8 at 6:06AM
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 Lee & Associates - Raleigh Durham
Investment Insights
Based on property information with market context.
This property presents a unique opportunity for waterfront renovation or redevelopment. Select existing buildings fronting Hodges Street may be retained, while the remaining waterfront acreage allows for potential residential or mixed-use development. The property includes approximately 1.402 acres at 301 Hodges St and approximately 0.82 acres at 206 S Water St. Existing structures include a retail building at the corner of Hodges and Water St with approximately 4,542 square feet and an office building on Hodges Street with approximately 7,940 square feet. The site features approximately 511 feet of waterfront on Raccoon Creek, bulkheaded with existing docks, along with approximately 217 feet of road frontage on Hodges Street and approximately 436 feet of road frontage on Water Street. Zoned MUI, the property is located in the commercial core of town near the main docks, restaurants, marinas, and shops, and is blocks from access to Highway 55. This is an excellent opportunity to own downtown waterfront property with boat dockage and capacity for five to six waterfront lots and commercial buildings. It is also convenient to Camps Seagull, Seafarer, Don Lee, Caroline, and Vandemere.
Key Highlights
- Prime downtown waterfront property with ±511 feet of frontage on Raccoon Creek and existing docks.
- Significant redevelopment potential for residential or mixed‑use development on waterfront acreage.
- Zoning: MUI (Mixed‑Use Intesity) allows for a variety of development options.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
Explore this area
Business Placement
Demographics for 28571, NC
2,502
Population
1,889
Households
1.3
Avg Household Size
63
Median Age
42%
College-Educated
95%
High-School Grad
50.8 sq mi
ZIP Area
49
Density / Sq Mi
$67,961
Median Household Income
$33,750
Median Earnings
$1,106
Median Rent
$365,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Waterfront property suitable for renovation or mixed-use redevelopment.
Where is this mixed-use property located?
The property is located at 301 Hodges St Oriental, NC.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Prime downtown waterfront property with ±511 feet of frontage on Raccoon Creek and existing docks.; Significant redevelopment potential for residential or mixed‑use development on waterfront acreage.; Zoning: MUI (Mixed‑Use Intesity) allows for a variety of development options.
