844 15Th St Washington, NC 27889

This exceptional 52,270 square foot shopping center in Washington, NC, presents a compelling investment opportunity. Situated on a 4.5-acre lot with a prominent 430-foot road frontage on Minuteman Lane and a stoplight corner location on 15th Street, this property boasts high visibility and accessibility. The center features 18 retail units, 17 of which are currently leased, generating immediate income. With over 270 parking spaces in a paved lot and a daily traffic count of 18,500 vehicles on 15th Street, this property offers significant potential for growth and expansion. Built in 1971, the center is zoned commercial (APN: 5676-84-2679) and offers a strong return on investment at $88.96 per square foot. The asking price is $4,650,000. This location offers a thriving business environment, enhanced by the city's attractive cost of living, access to a skilled workforce, and excellent transportation links. The property's size and location make it ideal for a variety of retail businesses seeking a strong presence in a growing community. The substantial parking and high traffic count ensure ample customer access. This is a rare opportunity to acquire a well-established, income-producing shopping center in a desirable location.