Property summary
This 1,800-square-foot convenience store, situated on a 1.23-acre lot in Vanceboro, North Carolina, presents a compelling investment opportunity. Built in 1998, the single-story building features dual fuel pumps with four fueling stations under a lighted canopy, offering pay-at-pump credit card functionality. The property includes two handicap-accessible bathrooms, a walk-in cooler (Bevair), office space, and a security system. A functional point-of-sale (POS) system, including a Veeder system and two STP control boxes, monitors the pumps. Two fiberglass underground fuel tanks are present, with inspection documentation available. The property also boasts a studio apartment with a kitchen, bedroom, and private bath. A water heater was added in 2012 to serve the apartment and a proposed grill area. The building features a metal roof and gutters. The property's location on NC-43, approximately 15-20 miles from Greenville, NC, benefits from high traffic volume—nearly 7,200 vehicles daily, according to NCDoT reports. The ample open acreage offers potential for expansion or the addition of a secondary business. The asking price is $425,000 ($236.11/sq ft). The property is currently vacant and zoned for commercial use.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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Zoning
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