4415 Arendell StMorehead City, NC 28557

This fee-simple retail/office property, located at 4415 Arendell St, Morehead City, NC 28557, presents a compelling investment opportunity. The 2,248 square foot building, constructed in 1962, sits on a 0.269-acre lot and boasts a prime corner location with over 125 feet of frontage on Highway 70 East (Arendell Street) and additional frontage on Lake Avenue. Benefit from high visibility and traffic counts, with an average annual daily traffic (AADT) of 34,500 vehicles. The property is zoned CH - Highway Commercial and offers city water and sewer services. Additional parking is available at the rear of the building, accessible via a driveway from Lake Avenue. While currently vacant, this single-story Class C building presents a blank canvas for a variety of commercial uses. The asking price is $450,000, translating to $200.18 per square foot. The property is offered as a net-net lease. The parcel numbers are 636615743078000 and 636615744047000. This location offers exceptional exposure on Morehead City's main thoroughfare, making it an ideal spot for a business seeking high visibility and convenient access. Driveway access from Lake Avenue to Arendell Street is possible through the town's permit process.