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Historic School Building in Riverside
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1217 N Pasteur St, New Bern, NC 28560

Unique historic building in New Bern's Riverside Historic District.

Property Size16,000 SF
Price / SF$74.38
Days on Market1041

Property Features for 1217 N Pasteur St

General Information

Standard status Active
Size 16,000 SF
Property subtype Multifamily, Special Purpose
Zoning R10S
Investment Type Value Add

Building Details

Year Built 1922
Buildings 1
Stories 2
Units 12
Listing Agency: SVN | Efird Commercial Real Estate
Listed By: Frank Efird Jr. · License #NC C30323
Source: Crexi
Added: Oct 31, 2023 Changed: Aug 24 Last Checked: Sep 5 at 12:11PM

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 SVN | Efird Commercial Real Estate

Investment Insights

Based on property information with market context.

Located in the heart of New Bern's coveted Riverside Historic District, this extraordinary piece of history was built in 1922. The original school building with Spanish Revival details was once credited as the first "fire resistant" school in Eastern NC, boasting a remarkably enduring structure that still stands strong to this day. As a former school, this property has a rich educational history and operated until the mid 1970s. Later, it became home to the Dane School and most recently occupied by the Ephesus Seventh Day Adventist Church. The property features original brickwork, large windows, and high ceilings. The possibilities for transforming this 16,000-square-foot space into a residence, multifamily/STR, or unique commercial venue are endless. Located just one block away from Maola at Riverside, a highly sought-after waterfront venue that frequently hosts weddings, banquets, galas, and other special events, this property offers both privacy and accessibility.

Key Highlights

  • Located in the coveted Riverside Historic District of New Bern.
  • Unique historic building (built in 1922) with original Spanish Revival details and enduring structure.
  • Versatile property suitable for Residence, Multifamily/STR, or unique commercial venue.

Property Analytics

Current Use

Schools

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Auto Parts Store Grocery & Convenience Store Plumbing Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby

Demographics for 28560, NC

28,005
Population
14,165
Households
2
Avg Household Size
46
Median Age
25%
College-Educated
92%
High-School Grad
122.6 sq mi
ZIP Area
228
Density / Sq Mi
$62,142
Median Household Income
$37,379
Median Earnings
$992
Median Rent
$191,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
School - Unique historic building in New Bern's Riverside Historic District.
Where is this school located?
The property is located at 1217 N Pasteur St New Bern, NC.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Located in the coveted Riverside Historic District of New Bern.; Unique historic building (built in 1922) with original Spanish Revival details and enduring structure.; Versatile property suitable for Residence, Multifamily/STR, or unique commercial venue.
(910) 200-0037 Call to check price and availability
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