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Historic Mixed-Use Property
For Sale
$590,000

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$156.33
Days on Market8

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: Sep 2 Changed: Sep 8 Last Checked: Sep 8 at 8:36AM

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

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

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

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
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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 $590,000.
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
More about this property
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