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Mixed-Use Retail Office Flex Building
For Sale
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404 West Main Street, Havelock, NC 28532

Multi-tenant building offers retail, office, and flex space totaling about 20,922 square feet and includes income from 96% occupancy.

Property Size20,922 SF
Lot Size1.64 Acres
Price / SF$41.82
Days on Market51

Property Features for 404 West Main Street

General Information

Standard status Active
Size 20,922 SF
Lot size 1.64 Acres
Property subtype Retail, Office, Special Purpose
Zoning Highway Commercial (HC)
Occupancy 96%
Lease Type Gross
Investment Type Value Add
Net Operating Income $63,006

Building Details

Tenancy Multi
Listing Agency: Waldrop Properties Llc
Listed By: Michael Waldrop · License #158376
Source: Crexi
Added: Jul 21 Changed: Aug 13 Last Checked: Sep 8 at 6:30AM

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 Waldrop Properties Llc

Investment Insights

Based on property information with market context.

This mixed-use retail/office/flex property is offered for sale and includes approximately 20,922 square feet of leasable space. The building sits on approximately 1.640 acres and is currently leased at about 96%, with several tenants on month-to-month terms and below-market rents. Current tenants include Tekla Research, Inc, Town & Country Management, H&R Block, Snavely Insurance & Financial, and Science Applications International Corporation.

The property is located at 404-424 West Main Street in Havelock, North Carolina, and is approximately 1.1 miles from Marine Corps Air Station Cherry Branch, providing convenient access to the area’s major employment center.

As a diversified income-producing asset with a mix of retail, office, and flex space, it may be a practical fit for buyers seeking a multi-tenant configuration with existing operating history.

Key Highlights

  • Retail/office/flex property at 404‑424 W Main St in Havelock, NC
  • Approximately 20,922 SF of leasable space on approximately 1.640 acres
  • Income‑producing building with about 96% leased space

Property Analytics

Current Use

Multitude Of Praise Church Young Mother’s Rise ... Charitable Organization Brumbaugh Clay A Law Firm Mu Richard A Law Firm

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Spa & Massage Center Pharmacy Daycare Center

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

307
Businesses Nearby

Demographics for 28532, NC

20,340
Population
8,677
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
93%
High-School Grad
165.4 sq mi
ZIP Area
123
Density / Sq Mi
$65,772
Median Household Income
$38,839
Median Earnings
$1,270
Median Rent
$193,200
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?
Retail space - Multi-tenant building offers retail, office, and flex space totaling about 20,922 square feet and includes income from 96% occupancy.
Where is this retail space located?
The property is located at 404 West Main Street Havelock, NC.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Retail/office/flex property at 404‑424 W Main St in Havelock, NC; Approximately 20,922 SF of leasable space on approximately 1.640 acres; Income‑producing building with about 96% leased space
(919) 645-1605 Call to check price and availability
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