Grocery Store with Two Adjacent
For Sale
$499,000
550 N East Street, Kinston, NC 28501
Grocery store for sale with parking and included inventory and equipment, plus two adjacent lots for additional development options.
Property Size6,434 SF
Price / SF$77.56
Days on Market362
Property Features for 550 N East Street
General Information
Standard status
Active
Size
6,434 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$2,165
Amenities
Electric, Heat Pump
3
I 1
Parking. Corner Lot.
Asphalt, Paved Driveway, Lighted, Lot.
Level
239.3x136.6x98.8x28.7x147
Corner, Asphalt, Paved Road, Level.
Building Details
Year Built
1966
Listing Agency:
1st Class Real Estate Legacy Partners
(919) 288-9550
Listed By:
Beatrice Murray · License #342123
(919) 288-9550
Source:
Xome
Added: Aug 27, 2025
Changed: Aug 23
Last Checked: Aug 22 at 10:27AM
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 1st Class Real Estate Legacy Partners
Investment Insights
Based on property information with market context.
This for-sale grocery store is offered as a ready-to-takeover operation, with the property described as fully equipped and having some inventory on hand. The sale includes all current inventory and equipment transferring to the buyer at closing. The building and site are noted as requiring some TLC.
The property includes a spacious parking area designed to accommodate regular customers and truckers, supporting straightforward access for daily operations. Two adjacent lots are included with the sale: 560 N East St (PID 10984) and 319 E Washington Ave (PID 9799).
The asset is positioned for retail grocery use and is being marketed with its existing setup and included adjoining land to support expansion or alternative development.
The property includes a spacious parking area designed to accommodate regular customers and truckers, supporting straightforward access for daily operations. Two adjacent lots are included with the sale: 560 N East St (PID 10984) and 319 E Washington Ave (PID 9799).
The asset is positioned for retail grocery use and is being marketed with its existing setup and included adjoining land to support expansion or alternative development.
Key Highlights
- Grocery store for sale in Kinston, NC, with current inventory and equipment transferring at closing
- Includes ample parking area designed for both regular customers and truckers
- Two adjacent lots included: 560 N East St (PID10984) and 319 E Washington Ave (PID9799)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
59k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 37%
Groceries 10%
McDonald's
Dining
21,756 visits/mo
0.3 miles
Dollar Tree
Shops & Services
9,337 visits/mo
0.4 miles
Piggly Wiggly
Groceries
6,158 visits/mo
0.2 miles
Family Dollar
Shops & Services
5,174 visits/mo
0.2 miles
The Exchange (AAFES)
Shops & Services
4,945 visits/mo
0.4 miles
Demographics for 28501, NC
17,964
Population
9,896
Households
1.8
Avg Household Size
43
Median Age
13%
College-Educated
80%
High-School Grad
99.8 sq mi
ZIP Area
180
Density / Sq Mi
$33,823
Median Household Income
$29,518
Median Earnings
$717
Median Rent
$78,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Servi-fam Express — 1315 Howard St, Kinston, NC 28501
- King Supermarket — 352 S Adkin St, Kinston, NC 28501
- Henderson Food Center — 550 East St, Kinston, NC 28501
- Piggly Wiggly — 604 N McLewean St, Kinston, NC 28501
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Grocery store for sale with parking and included inventory and equipment, plus two adjacent lots for additional development options.
Where is this grocery and convenience store located?
The property is located at 550 N East Street Kinston, NC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Grocery store for sale in Kinston, NC, with current inventory and equipment transferring at closing; Includes ample parking area designed for both regular customers and truckers; Two adjacent lots included: 560 N East St (PID10984) and 319 E Washington Ave (PID9799)
