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Historic Retail Building with Apartments
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Pending

311 Nash St, Wilson, NC 27893

Historic property registered as North Carolina’s first ABC store, with preliminary plans for ground-floor commercial space and apartments above.

Property Size17,999 SF
Days on Market572

Property Features for 311 Nash St

General Information

Standard status Pending
Size 17,999 SF
Property subtype Retail, Multifamily, Office, Mixed Use
Investment Type Redevelopment

Additional Details

Multifamily Units 20

Building Details

Year Built 1933
Year Renovated 1963
Buildings 2
Stories 3
Units 3
Listing Agency: Green Valley Realty
Listed By: Abder Allan · License #9860305
Source: Crexi
Added: Feb 14, 2025 Changed: Aug 14 Last Checked: Aug 14 at 7:54AM

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 Green Valley Realty

Investment Insights

Based on property information with market context.

This historic property is registered as the first ABC store in North Carolina and offers a redevelopment pathway with preliminary plans calling for commercial space on the ground floor and 20 apartments above. The building also qualifies for historic tax credits and grants, and the listing notes availability of lender resources to support development.

Located in Downtown Wilson, the property sits just blocks from Whirligig Park, the baseball and events stadium, the Amtrak station, Centro Apartments, and The Cherry Hotel, placing it near a concentration of activity and established downtown destinations.

As presented, the asset’s most practical next step is review of the preliminary plans and feasibility for combining street-level commercial use with residential units in the existing historic structure, with tax credit and grant eligibility supporting the redevelopment concept.

Key Highlights

  • Historic property built in 1933
  • Registered as the first ABC store in North Carolina
  • Preliminary plans include ground‑floor commercial space with 20 apartments above

Property Analytics

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Current Use

First Baptist Church Church

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Skin Care Clinic Kitchen & Bath Showroom Big Box & Wholesale Store

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

20
Residential units

Location Intelligence

Trade Area within ½ mile

835
Businesses Nearby

Demographics for 27893, NC

37,131
Population
18,383
Households
2
Avg Household Size
41
Median Age
15%
College-Educated
79%
High-School Grad
109.0 sq mi
ZIP Area
341
Density / Sq Mi
$40,180
Median Household Income
$31,197
Median Earnings
$894
Median Rent
$153,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Historic property registered as North Carolina’s first ABC store, with preliminary plans for ground-floor commercial space and apartments above.
Where is this apartment building located?
The property is located at 311 Nash St Wilson, NC.
What are key features of this property?
This property features: Historic property built in 1933; Registered as the first ABC store in North Carolina; Preliminary plans include ground‑floor commercial space with 20 apartments above
(252) 292-0615 Call to check price and availability
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