Property summary
This remarkable property located at 518 WATER Street, Oriental, North Carolina presents a unique opportunity for discerning buyers. Boasting a substantial 4,007 square feet of space, this "Other" type property sits on a generous 1.09-acre lot. The expansive footprint offers significant potential for a variety of uses, from residential to commercial ventures, depending on zoning regulations and permitted uses. The prime location in Oriental, NC, offers unparalleled access to the waterfront, providing breathtaking views and recreational opportunities. The property's size and location make it an ideal investment for those seeking a significant presence in this desirable coastal town. Further investigation into local zoning ordinances and permitted uses is recommended to fully explore the development potential of this exceptional property. The asking price for this unique offering is $769,000. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property presents. Detailed property information and relevant documentation are available upon request. This is a rare opportunity to acquire a substantial waterfront property in a highly sought-after location.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Restaurant
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Art Gallery
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Holding Company
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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