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Renovated Mixed-Use Property
For Sale
$735,000

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

Historic property combines apartments with a ground-floor commercial suite.

Property Size3,393 SF
Price / SF$225.53
Days on Market195

Property Features for 606 & 610 E Fearing Street

General Information

Standard status Active
Size 3,393 SF
Property subtype Commercial
Zoning CB

Units

Unit Mix 3 x 1BR/1BA
Multifamily Units 3

Additional Details

Sprinkler System Yes

Amenities

stainless steel appliances

Building Details

Building Size 3,393 SF
Year Built 2026
Year Renovated 2022
Units 4
Tenancy Multi
Listing Agency: Rich Company
Listed By: Kellen Long · License #362488
Source: Thomasrealtysold
Added: Feb 16 Changed: Aug 29 Last Checked: Aug 29 at 10:46AM

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 Rich Company

Investment Insights

Based on property information with market context.

This historic mixed-use property at 606 & 610 E Fearing Street includes three second-floor one-bedroom, one-bath apartments measuring 612 sf, 692 sf, and 742 sf. Each apartment has stainless steel appliances and a dedicated first-floor entrance on Fearing Street. The offering also includes a 1,213-sf ground-floor commercial space with an open retail area, small office, and restroom.

The property underwent a full renovation in 2022 with new framing, electrical, plumbing, HVAC, TPO roofing, and a fire suppression system. It is zoned CB and sits in Downtown Elizabeth City. The property is part of a recently recorded condominium, allowing the residential and commercial units to be sold individually. The commercial lease runs through June 30, 2029.

Key Highlights

  • Three 2nd‑floor 1 bed/1 bath apartments measuring 612 sf, 692 sf, and 742 sf
  • 1,213‑sf ground‑floor commercial space with open retail area, office, and restroom
  • Full 2022 renovation included 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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic property combines apartments with a ground-floor commercial suite.
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 2nd‑floor 1 bed/1 bath apartments measuring 612 sf, 692 sf, and 742 sf; 1,213‑sf ground‑floor commercial space with open retail area, office, and restroom; Full 2022 renovation included framing, electrical, plumbing, HVAC, TPO roof, and fire suppression
More about this property
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