Grocery Store with
For Sale
$499,000
550 N East Street, Kinston, NC 28501
COMMERCIAL - Kinston, NC
Property Size6,434 SF
Lot Size0.50 Acres
Price / SF$77.56
Days on Market304
Property Features for 550 N East Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I 1
Parking features
Parking Lot
Subdivision
Not In Subdivision
Lot features
Level, Corner Lot
Directions
Head east on W Vernon Ave (US-70-BR/US-258-BR), until you reach the stop light at near Grainger Stadium. Turn right onto N East St. Go for four blocks and Henderson's Food Center in on the right.
Standard status
Active
APN
452515540637
Size
6,434 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
550 N East Street
Tax Annual Amount
2165
Legal Description
550 N East Street
Utilities
Heating system
Forced Air, Electric (Heating), Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1966
Building materials
Brick
Roof type
Metal, Flat
Listing Agency:
1st Class Real Estate Legacy Partners
(833) 289-2723
Listed By:
Beatrice D Murray · License #342123
(919) 288-9550
Added: Oct 20, 2025
Changed: Aug 19
Last Checked: Aug 19 at 11:06PM
MLS# 100537038
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.
The property is a 6,434-square-foot supermarket on 0.5 acres, built in 1966 with brick construction, a metal and flat roof, and a dedicated parking lot. Heating includes forced air, electric heat, and a heat pump, while cooling is provided by a heat pump. Public water serves the site, and the building is zoned I 1.
The parking area accommodates everyday customers as well as truckers. Two adjacent lots are included: 560 N East Street, identified as PID10984, and 319 E Washington Avenue, identified as PID9799. Equipment and current inventory are also scheduled to transfer at closing. The property requires some TLC, providing a defined improvement component for the next owner.
The parking area accommodates everyday customers as well as truckers. Two adjacent lots are included: 560 N East Street, identified as PID10984, and 319 E Washington Avenue, identified as PID9799. Equipment and current inventory are also scheduled to transfer at closing. The property requires some TLC, providing a defined improvement component for the next owner.
Key Highlights
- 6,434‑square‑foot supermarket on 0.5 acres
- Two adjacent lots included: 560 N East St (PID10984) and 319 E Washington Ave (PID9799)
- Dedicated parking lot accommodates customers and truckers
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
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 - Brick supermarket with dedicated parking, public water, and two additional lots included in the transaction.
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: 6,434‑square‑foot supermarket on 0.5 acres; Two adjacent lots included: 560 N East St (PID10984) and 319 E Washington Ave (PID9799); Dedicated parking lot accommodates customers and truckers
