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River-Built Warehouse Shell
For Sale
Contact for pricing
Pending

402 S Water St, Elizabeth City, NC 27909

Existing structure requires new flooring and roofing as part of a from-scratch development project.

Property SizeContact for details
Days on Market143

Property Features for 402 S Water St

General Information

Standard status Pending
Property subtype Industrial, Retail

Property Condition

Severity Major Repairs Needed
Evidence shell only with no floor or roof
Listing Agency: Taylor Mueller Realty, Inc.
Listed By: Norma James · License #NC
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:18PM

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 Taylor Mueller Realty, Inc.

Investment Insights

Based on property information with market context.

The Elizabeth City Milling Company building is an existing warehouse structure built over the river. It is currently a shell without flooring or a roof, requiring a full from-scratch redevelopment approach.

The property is at 402 S Water St in downtown Elizabeth City, adjacent to Waterfront Park. Its waterfront setting and existing warehouse form provide the defining physical characteristics of the site.

Key Highlights

  • Warehouse structure built over the river
  • Shell condition with no floor or roof
  • From‑scratch project for redevelopment

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Parking Lot & Garage Auto Parts 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

689
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Existing structure requires new flooring and roofing as part of a from-scratch development project.
Where is this warehouse located?
The property is located at 402 S Water St Elizabeth City, NC.
What are key features of this property?
This property features: Warehouse structure built over the river; Shell condition with no floor or roof; From‑scratch project for redevelopment
(252) 339-7391 Call to check price and availability
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