Property profile

206 Bridge St Washington, NC 27889

OFF-MARKET
Retail properties & Spaces
Property ID
US53-4226436
4,000 SF 1.06 ac lot Built 2024
Entity Owned 3-yr Hold
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Property summary

AI-generated overview

This exceptional Class A retail property in Washington, NC, offers 4,000 square feet of space in a brand-new, single-story building (completed Q2 2024). Located at 206 Bridge St, this multi-tenant building boasts three suites, with two available units ranging from 1,250 to 2,500 contiguous square feet. The property sits on a 1.06-acre lot with excellent visibility, featuring 200 feet of frontage on US Hwy 17 Business and 70 feet of access on Second Street. Its strategic location in the historic downtown area, just two blocks from the waterfront and across the highway from established shops, ensures high foot traffic and visibility. The B1H zoning allows for a variety of retail uses. The property's APN is 5675-69-9458, situated within the Greenville MSA, Eastern North Carolina submarket. This is a rare opportunity to secure prime retail space in a thriving downtown location. The building's modern design and convenient access make it an ideal choice for businesses seeking a high-profile presence in Washington, NC. Contact us today to learn more about leasing opportunities.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 4,000 SF
Lot 1.06 ac (46,174 SF)
UPID US53-4226436

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Cafe & Coffee Shop

Location

206 Bridge St Washington, NC 27889
Washington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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