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Historic Mixed-Use Property
For Sale
$549,000

401 N Market St, Washington, NC 27889

Historic commercial property with private rooms, full baths, spacious common areas, and a wraparound porch.

Property Size3,774 SF
Price / SF$145.47
Days on Market68

Property Features for 401 N Market St

General Information

Standard status Active
Size 3,774 SF
Property subtype Commercial

Additional Details

Utilities to Site Yes

Amenities

wraparound porch
original hardwood floors
multiple private rooms
3 full baths
generous common areas
historic architecture

Building Details

Year Built 1900
Listing Agency: The Rich Company
Listed By: Laura Mucci Gerard · License #316343
Source: Coastalrealtyassociates
Added: Aug 24 Changed: Oct 25 Last Checked: Oct 28 at 8:42AM

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 The Rich Company

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Investment Insights

Based on property information with market context.

Built in 1900, this 3,774-square-foot mixed-use property combines historic character with a flexible interior layout. Multiple private rooms, three full baths, generous common areas, original hardwood floors, and a wraparound porch support a range of commercial or investment uses. Improvements include upgraded electrical service, downstairs HVAC, a gas tankless water heater, and extensive front-porch rebuilding with a metal roof.

The property is located in Washington’s Historic Business District at 401 N Market Street, within walking distance of the waterfront, downtown restaurants, shops, businesses, and community activity. It previously operated as a short-term rental, adding to the property’s flexibility for an owner considering business and residential use within the district.

Key Highlights

  • 3,774‑square‑foot mixed‑use property built in 1900
  • Located in Washington’s Historic Business District
  • Multiple private rooms, 3 full baths, and generous common areas

Property Analytics

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Current Use

The Kracked Pot LLC ... Alternative Medicine Practice

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store Catering Service Plumbing Service

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

896
Businesses Nearby

Demographics for 27889, NC

26,054
Population
12,956
Households
2
Avg Household Size
45
Median Age
21%
College-Educated
87%
High-School Grad
176.1 sq mi
ZIP Area
148
Density / Sq Mi
$52,694
Median Household Income
$36,058
Median Earnings
$847
Median Rent
$184,100
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic commercial property with private rooms, full baths, spacious common areas, and a wraparound porch.
Where is this mixed-use property located?
The property is located at 401 N Market St Washington, NC.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 3,774‑square‑foot mixed‑use property built in 1900; Located in Washington’s Historic Business District; Multiple private rooms, 3 full baths, and generous common areas
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