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Mixed-Use Building with Retail
For Sale
Contact for pricing
Pending

624 Washington Street, Eden, NC 27288

Eight fully rented residential units accompany a lower-level commercial area prepared for office or retail finishing.

Property SizeContact for details
Days on Market142

Property Features for 624 Washington Street

General Information

Standard status Pending
Property subtype Special Purpose
Occupancy 100%

Units

Unit Mix 2 x 2BR, 2 x 1BR, 4 x studio
Multifamily Units 8

Additional Details

Utilities to Site Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Commercial West
Listed By: LIZ ECKLER · License #NC
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:40AM

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 Coldwell Banker Commercial West

Investment Insights

Based on property information with market context.

This renovated 1930s-era building combines residential income space with a lower-level commercial area. The upper floors and part of the first floor contain eight apartments: two two-bedroom units, two one-bedroom units, and four studios. The apartments are consistently fully rented. The commercial portion remains unfinished, allowing the next owner to complete the space for office or retail use. Electrical, HVAC, and plumbing rough-ins are already in place, with connections to municipal utilities completed.

The property is located at 624 Washington Street in Eden’s Olde Leaksville section. The surrounding area includes occupied buildings and projects planned for restaurants and other retail businesses. Nestle Purina Eden’s manufacturing facility and the Va. mega park are identified as additional nearby employment and development context, with the latter approximately six miles from the city limits.

Key Highlights

  • Eight apartments: 2 two‑bedroom, 2 one‑bedroom, and 4 studio units
  • Residential units are consistently fully rented
  • Renovated 1930s‑era mixed‑use building

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Real Estate Agency Restaurant Kitchen & Bath Showroom HVAC Service Storage Facility

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

8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby

Demographics for 27288, NC

23,375
Population
11,127
Households
2.1
Avg Household Size
45
Median Age
13%
College-Educated
85%
High-School Grad
71.4 sq mi
ZIP Area
327
Density / Sq Mi
$53,081
Median Household Income
$36,743
Median Earnings
$828
Median Rent
$129,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Mixed-use property - Eight fully rented residential units accompany a lower-level commercial area prepared for office or retail finishing.
Where is this mixed-use property located?
The property is located at 624 Washington Street Eden, NC.
What are key features of this property?
This property features: Eight apartments: 2 two‑bedroom, 2 one‑bedroom, and 4 studio units; Residential units are consistently fully rented; Renovated 1930s‑era mixed‑use building
More about this property
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