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Retail Building with Lease Option
For Lease
$3,500/Mo

615 Washington Street, Williamston, NC 27892

COMMERCIAL - Williamston, NC

Property Size3,652 SF
Lot Size0.43 Acres
Days on Market172

Property Features for 615 Washington Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning CH
Parking 14
Parking features Parking Lot, Off Street
Lot features Corner Lot
Directions Hwy 17 South to Williamston, keep straight onto Washington St. Building on Left Corner lot.
Standard status Active
APN 0503773
Size 3,652 SF
Lot size 0.43 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WASHINGTON ST (OLD LAUNDRY)
Tax Annual Amount 1664
Expense value 3600
Expense SecurityDeposit
Expense freq. One Time
Legal Description WASHINGTON ST (OLD LAUNDRY)

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Electric (Heating)

Building Details

Year built 1981
Number of units 1
Building materials Brick, Wood Siding, Wood Frame
Roof type Metal
Listing Agency: Dream Bigg Realty LLC
Listed By: Denequa Staton · License #325504
Added: Feb 10 Changed: Jun 26 Last Checked: Aug 1 at 12:06AM
MLS# 100553655

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 offering presents a single retail building totaling 3,652 square feet, situated on a 0.43-acre lot. The owner is willing to complete renovations to suit the tenant’s needs, supported by build-out potential intended to allow the space to be customized for the incoming user. The transaction is structured as a lease with an option, designed to support companies looking to establish a location with the opportunity to move toward a purchase later.

The property is located at 615 Washington Street in Williamston, North Carolina 27892 (Martin County). Zoning is listed as CH. Interested parties should inquire for renovation details, timeline expectations, and the specific lease-option terms available for this building.

From a tenant fit perspective, this layout and renovation approach can accommodate a range of retail-oriented business requirements, particularly for operators who value flexibility during occupancy. If you are evaluating a new location and want the ability to tailor improvements rather than accept a fixed condition, this retail building’s willingness to renovate and its lease-option structure are central considerations. Contact the listing broker to request additional information on the planned renovations and the option terms under the lease structure.

Key Highlights

  • 3,652 SF building with a lease option
  • Year built 1981
  • Exterior materials include brick, wood siding, and wood frame

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Locksmith Storage Facility Cafe & Coffee Shop

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

NNN (Triple Net)
Lease Type
$1.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

529
Businesses Nearby

Demographics for 27892, NC

13,864
Population
6,690
Households
2.1
Avg Household Size
47
Median Age
17%
College-Educated
84%
High-School Grad
185.0 sq mi
ZIP Area
75
Density / Sq Mi
$46,892
Median Household Income
$35,299
Median Earnings
$720
Median Rent
$114,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Renovation-ready retail building offers lease-option flexibility for tenants seeking a long-term location.
Where is this retail space located?
The property is located at 615 Washington Street Williamston, NC.
What is the lease rate?
The lease rate is $3,500 /Mo.
What are key features of this property?
This property features: 3,652 SF building with a lease option; Year built 1981; Exterior materials include brick, wood siding, and wood frame
More about this property
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