Search
Partially Renovated Multifamily Property
For Sale
$850,000

305 S Road Street, Elizabeth City, NC 27909

Commercial Sale, Elizabeth City, NC

Property SizeContact for details
Lot Size0.29 Acres
Days on Market60

Property Features for 305 S Road Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CB
Parking features Off Street, Driveway, Parking Lot
Directions From Church St, property is the second building on the right. From Ehringhaus St, the property is the last building on the left before the stoplight, across from Girls Incorporated.
Standard status Active
APN 891308787942
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description PIN: 891308787942
Tax Annual Amount 5643
Legal Description PIN: 891308787942

Utilities

Utilities Cable Available
Heating system Electric (Heating), Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1960
Flooring type Concrete, Tile, Lvt/lvp
Building materials Block, Steel Frame
Listing Agency: Sam Davis & Associates Realty
Listed By: Sy Davis · License #320064
Added: Jun 22 Changed: Aug 19 Last Checked: Aug 20 at 11:06PM
MLS# 100583798

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.

Located at 305 S Road Street in Elizabeth City, this multifamily property is being converted from office and warehouse space into private living accommodations. The planned configuration includes one- and two-bedroom units, each with its own entrance and parking space. Renovation work includes new fixtures, plumbing, electrical systems, and HVAC, while the property remains unfinished for completion by the next owner.

The 0.29-acre site carries CB zoning and was built in 1960. Improvements feature block and steel-frame construction, with LVT/LVP, tile, and concrete flooring. Heating is provided by electric forced air, cooling is central air, and the property has public water service. Parking includes a driveway, parking lot, and off-street spaces.

Key Highlights

  • Conversion from office and warehouse space into private living spaces
  • One- and two‑bedroom units with individual entrances and parking spaces
  • Renovation includes new fixtures, plumbing, electrical, and HVAC systems

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Home Appliance Store Butcher Acupuncture

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

906
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Renovation is underway for private one- and two-bedroom living spaces with individual entrances and parking.
Where is this multifamily property located?
The property is located at 305 S Road Street Elizabeth City, NC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Conversion from office and warehouse space into private living spaces; One- and two‑bedroom units with individual entrances and parking spaces; Renovation includes new fixtures, plumbing, electrical, and HVAC systems
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message