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Mixed-Use Property with Retail Space
For Sale
$329,000

311 S Road Street, Elizabeth City, NC 27909

The front retail area can accommodate an owner-operated business, with a separate rear space available to generate rent.

Property SizeContact for details
Days on Market9

Property Features for 311 S Road Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Commercial
Zoning GB

Site & Location

End Cap Yes
Mixed-Use Components retail, residential

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,433

Building Details

Year Built 1945
Year Renovated 2024
Units 1
Listing Agency: Asher RE LLC
Listed By: Dawn Young · License #325722
Source: Gibbseliterealty
Added: Oct 16 Changed: Oct 23 Last Checked: Oct 23 at 5:03PM

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 Asher RE LLC

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Investment Insights

Based on property information with market context.

Built in 1945, this mixed-use property combines a front retail area with a separate space at the rear. Recent work includes new flooring and paint; the rear space received new cabinets, a walk-in shower, flooring, and appliances in 2024. A private garage provides storage, and parking is available at both the front and rear of the property. The open area above the drop ceiling may offer room for further planning, though no expansion approval is stated.

The property is within walking distance of downtown shops, restaurants, and the waterfront. It is zoned GB.

Key Highlights

  • Front retail space can be used for an owner‑operated business while the rear space produces rent
  • Rear space updated in 2024 with cabinets, walk‑in shower, flooring, and appliances
  • New flooring and paint

Property Analytics

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Open Analytics

Current Use

Crystals unique styles Nail Salon

Suggested Use

Top Pick Building Supply HVAC Service Storage Facility Parking Lot & Garage Big Box & Wholesale 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

879
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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The front retail area can accommodate an owner-operated business, with a separate rear space available to generate rent.
Where is this mixed-use property located?
The property is located at 311 S Road Street Elizabeth City, NC.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Front retail space can be used for an owner‑operated business while the rear space produces rent; Rear space updated in 2024 with cabinets, walk‑in shower, flooring, and appliances; New flooring and paint
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