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Renovated Mixed-Use Property
For Sale
$735,000

606 & 610 E Fearing Street, Elizabeth City, NC 27909

COMMERCIAL - Elizabeth City, NC

Property Size3,393 SF
Lot Size0.06 Acres
Price / SF$216.62
Days on Market184

Property Features for 606 & 610 E Fearing Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CB
Directions From Water Street, turn onto Fearing Street, and the property will be the second building on your right.
Standard status Active
APN 891308992187
Size 3,393 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 604 Fearing LLC
Tax Annual Amount 3150
Legal Description 604 Fearing LLC

Utilities

Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2026
Number of units 4
Flooring type Wood, Lvt/lvp
Building materials Brick
Roof type Flat, Membrane
Listing Agency: Rich Company
Listed By: Kellen Long · License #362488
Added: Feb 16 Changed: Aug 19 Last Checked: Aug 19 at 1:06PM
MLS# 100555070

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 mixed-use property contains three second-floor one-bedroom, one-bath apartments and a 1,213-square-foot commercial suite. The apartments measure 612, 692, and 742 square feet and include stainless steel appliances, wood or LVT/LVP flooring, central air, and electric heat pumps. Each apartment has a dedicated first-floor entrance on Fearing Street. The commercial component provides an open retail area, a small office, and a restroom.

The 3,393-square-foot property sits on 0.0592 acres in downtown Elizabeth City and is zoned CB. Renovation work completed in 2022 included framing, electrical, plumbing, HVAC, a TPO membrane roof, and fire suppression. Public water serves the property. The building is part of a recently recorded condominium, with the residential and commercial components eligible for individual sale.

Key Highlights

  • Three 1‑bedroom, 1‑bath apartments measuring 612 sf, 692 sf, and 742 sf
  • 1,213‑sf ground‑floor commercial suite with open retail area, office, and restroom
  • Fully renovated in 2022 with new framing, electrical, plumbing, HVAC, TPO roof, and fire suppression

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Storage Facility (Bike/Boat/Book/etc) Store Home Appliance Store Butcher

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

3
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

713
Businesses Nearby

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines three upstairs apartments with a ground-floor retail suite in downtown Elizabeth City.
Where is this mixed-use property located?
The property is located at 606 & 610 E Fearing Street Elizabeth City, NC.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Three 1‑bedroom, 1‑bath apartments measuring 612 sf, 692 sf, and 742 sf; 1,213‑sf ground‑floor commercial suite with open retail area, office, and restroom; Fully renovated in 2022 with new framing, electrical, plumbing, HVAC, TPO roof, and fire suppression
More about this property
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