Mixed-Use Building with Rear
For Sale
$439,000
412 Colonial Avenue, Elizabeth City, NC 27909
Two interior floors are demoed, with a rear garage and driveway/parking accessible from McMorrine Street.
Property Size5,347 SF
Price / SF$82.10
Days on Market227
Property Features for 412 Colonial Avenue
General Information
Standard status
Active
Size
5,347 SF
Property subtype
General Commercial
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$3,121
Amenities
Electric, A/C - Other
3
R-8
Parking.
Gravel, Paved Driveway, Public, Off Street, Lot.
Driveway in back that exi
Overhead Doors. Historic Area, Central Business District, Gravel Road, Paved Road.
Building Details
Year Built
1907
Stories
2
Listing Agency:
Asher RE LLC
(252) 421-1182
Listed By:
Dawn Young · License #325722
(252) 421-1182
Source:
Xome
Added: Dec 28, 2025
Changed: Aug 7
Last Checked: Aug 12 at 3:32AM
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
Investment Insights
Based on property information with market context.
This mixed-use property includes first and second floors plus a rear garage with driveway and parking behind the building. The layout is described as flexible for a range of uses, including retail, restaurant/cafe, boutique, specialty shop, office space, or apartments. Both the first and second floors are currently demoed, offering a blank canvas for a new buildout.
Access includes a driveway/parking area behind the building, with driveway exits to McMorrine Street. The property is noted as being within walking distance to the waterfront.
Approximate area provided includes 1,676.74 on the first floor, 2,378.08 on the second floor, and 1,292.52 for the garage. The public remarks also note that a tax credit is offered once the property is conforming.
Access includes a driveway/parking area behind the building, with driveway exits to McMorrine Street. The property is noted as being within walking distance to the waterfront.
Approximate area provided includes 1,676.74 on the first floor, 2,378.08 on the second floor, and 1,292.52 for the garage. The public remarks also note that a tax credit is offered once the property is conforming.
Key Highlights
- 1907‑built property in the Central Business District with R‑8 zoning
- Approx. 1st floor: 1,676.74 SF; 2nd floor: 2,378.08 SF; rear garage: 1,292.52 SF
- Rear garage and driveway/parking with access off McMorrine Street; also includes public and off‑street parking
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
798
Businesses Nearby
Explore this area
Business Placement
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two interior floors are demoed, with a rear garage and driveway/parking accessible from McMorrine Street.
Where is this mixed-use property located?
The property is located at 412 Colonial Avenue Elizabeth City, NC.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 1907‑built property in the Central Business District with R‑8 zoning; Approx. 1st floor: 1,676.74 SF; 2nd floor: 2,378.08 SF; rear garage: 1,292.52 SF; Rear garage and driveway/parking with access off McMorrine Street; also includes public and off‑street parking
