820 Craven St New Bern, NC 28560
This exceptional .9-acre commercial/industrial land parcel presents a unique investment opportunity in the heart of New Bern's Historic District. Ideally situated within the River Station Mixed Use Development District, this property boasts I-2 zoning, permitting a wide range of uses including warehousing, mixed industrial, and heavy commercial applications. The location offers unparalleled convenience, with easy access to US-70 via Queen Street and First Street, ensuring seamless transportation links. The property's proximity to the Neuse River adds to its appeal, while the vibrant atmosphere of downtown New Bern, complete with its diverse culinary and retail offerings, is within comfortable walking distance. A completed Phase I environmental study is readily available for review, providing transparency and facilitating a streamlined due diligence process. The property's address is 820 N Craven St, New Bern, NC 28560, and its APN is 8-003-237. This is a rare chance to acquire a strategically located, versatile property in a thriving North Carolina community. The asking price is $350,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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