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    FOR SALE
    Grocery and convenience stores

    5385 River Rd, Washington, NC 27889

    2,740 SF 0.67 ac lot Built 1979
    Individually Owned Free & Clear
    Property ID
    US53-4535453
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 5385 River Road in Washington, North Carolina, presents a unique investment opportunity. Boasting a substantial 2,740 square feet of space, this versatile property sits on a sizable 0.67-acre lot, offering ample room for expansion or outdoor utilization. The property's "Other" classification allows for a wide range of potential uses, making it ideal for businesses seeking a flexible and adaptable space. Its prime location on River Road provides excellent visibility and accessibility, ensuring high traffic and potential customer reach. The asking price of $799,000 represents a compelling value for a property of this size and location in Washington, NC. This property is ready for immediate occupancy and presents a blank canvas for a discerning buyer to create a thriving business venture. The substantial lot size offers significant potential for future development or expansion, catering to a variety of business needs. Given its size, location, and versatility, this property is an exceptional opportunity for investors and entrepreneurs alike seeking a strong foothold in the Washington, NC market. Serious inquiries are encouraged to explore the full potential of this remarkable commercial offering. The property is currently available for immediate purchase.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE (W/FUEL PUMP)
    Year built 1979
    Total area 2,740 SF
    Lot 0.67 ac (29,185 SF)
    APN 5694-94-2345
    UPID US53-4535453
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Handy Mart Grocery & Convenience Store
    • Exxon Gas Station
    • Western Union Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    JOHN T ONEAL
    JOHN T ONEAL
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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