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Medical Office Space with 6 Offices
For Sale
$369,000

416 E Colonial Ave, Elizabeth City, NC 27909

Single-story layout includes a reception area, open central workspace, and four restrooms.

Property Size2,775 SF
Price / SF$132.97
Days on Market20

Property Features for 416 E Colonial Ave

General Information

Standard status Active
Size 2,775 SF
Property subtype Business Opportunity

Building Details

Year Built 1967
Buildings 1
Stories 1
Listing Agency: Howard Hanna WEW/EC
Listed By: Allison Evans · License #226215
Source: Bradberrygarnerrealestate
Added: Aug 10 Changed: Aug 28 Last Checked: Aug 28 at 2:22PM

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 Howard Hanna WEW/EC

Investment Insights

Based on property information with market context.

This 2,775-square-foot medical office property was built in 1967 and features a single-story layout with six private offices and four restrooms. The front portion includes a spacious lobby and reception area with exposed brick and large windows. An open central section connects to offices of varying sizes, while the rear includes a private office with its own bath, closet, and shelving; another office with storage; a break-room kitchenette; and a separate restroom. The utility room provides space for HVAC, mechanical equipment, and storage.

Located at 416 E Colonial Ave in Elizabeth City's downtown historic district, the property is positioned beside a building dating to the 1800s. A leased parking opportunity is already in place and may be assumed. Plumbing and sinks throughout the building also support potential salon or spa use.

Key Highlights

  • 2,775‑square‑foot single‑story medical office property built in 1967
  • Six private offices and four restrooms
  • Spacious lobby and reception area with exposed brick and large windows

Property Analytics

Current Use

Morris & Taylor Ltd Dental Office Carolina Coast Pediatric ... Dental Office Van Belois H ... Dental Office Dr. Glenwood Morris Dental Office

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Furniture & Home Goods Storage Facility Garden Center Home Appliance Store

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

734
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 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?
Medical Office Space - Single-story layout includes a reception area, open central workspace, and four restrooms.
Where is this medical office space located?
The property is located at 416 E Colonial Ave Elizabeth City, NC.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 2,775‑square‑foot single‑story medical office property built in 1967; Six private offices and four restrooms; Spacious lobby and reception area with exposed brick and large windows
More about this property
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