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Live-Work Space with Workshop
New
For Sale
$375,000

506 N William Street, Goldsboro, NC 27530

Commercial Sale, Goldsboro, NC

Property Size5,460 SF
Lot Size0.76 Acres
Price / SF$68.68
Days on Market3

Property Features for 506 N William Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning GB & R-9
Subdivision Not In Subdivision
Directions From Berkeley, take E. Ash Street towards downtown, turn right on William Street.
Standard status Active
APN 12000041001001
Size 5,460 SF
Lot size 0.76 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Deed Book 3925, Page 712 - Wayne County Registry
Legal Description Deed Book 3925, Page 712 - Wayne County Registry

Utilities

Heating system Electric (Heating)

Building Details

Year built 1962
Listing Agency: Wayne Realty
Listed By: Bob Logan · License #72422
Added: Sep 2 Changed: Sep 3 Last Checked: Sep 4 at 6:06AM
MLS# 100601162

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,460-square-foot live-work property was built in 1962 on a 0.76-acre site at 506 N William Street in Goldsboro. The layout supports a workshop or studio downstairs with living space upstairs, creating a combined work-and-residential arrangement for an owner-occupant or small business. The space is suited to hands-on production involving materials such as wood, metal, textiles, clay, or leather, without the stated intensity of an industrial setting.

The property is positioned beside a new self-storage building and carries GB & R-9 zoning. Building features include Phase III (electric), smart devices, LED lighting, and electric heating. The configuration provides a dedicated setting for artisan or creative work while keeping daily living space within the same property.

Key Highlights

  • 5,460‑square‑foot live‑work property on 0.76 acres
  • Downstairs workshop or studio with living space upstairs
  • Phase III (electric) service

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Pharmacy Plumbing Service Computer & Electronic Repair Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Grocery & Convenience 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,034
Businesses Nearby

Demographics for 27530, NC

37,470
Population
17,796
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
89%
High-School Grad
106.5 sq mi
ZIP Area
352
Density / Sq Mi
$55,507
Median Household Income
$37,696
Median Earnings
$827
Median Rent
$176,500
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Two-level layout places workspace below and living space above, with upgraded lighting and electrical service.
Where is this live-work space located?
The property is located at 506 N William Street Goldsboro, NC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 5,460‑square‑foot live‑work property on 0.76 acres; Downstairs workshop or studio with living space upstairs; Phase III (electric) service
More about this property
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