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100 Water Street

Elizabeth City, NC 27909
  • $5,000
  • STATUS: Active
  • ON SITE: 93 Days
  • MLS #: 100460121
UPDATED: 14 min ago
$5,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,011
    SQFT
  • $2
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1930
County:

School Ratings & Info

Description

Exciting opportunity to lease the iconic downtown Rochelle Cleaners building in downtown Elizabeth City, which is within a Qualified Opportunity Zone! The uniquely designed building is 3,404 total sq ft with +/-3,011 interior sq ft and it sits on a 4,952 sq ft corner lot. Landlords have recently replaced the roof and gutted the interior to make way for Tenant's desired build out, or the stunning restaurant plans their architect laid out which are included in the attachments. Restaurant plans include bar w/18 bar seats, 60 interior seats at 18 tables, and 68 exterior seats at 17 tables on the 1,531 sq ft nation in front, as well as kitchen, 2 ADA toilets, walk-in, dish room, etc.. Asking rate of $5,000 per month triple net is if Tenant qualifies for a long term lease and Landlord covers build out. Price could be lower for a less costly office/retail/gallery build out. Build out is subject to approval by the NC State Historic Preservation Office. Since it is an adaptive reuse project and the interior is already demolished, any proposed floor plan will be approved without issue. However, we foresee being able to make very few changes to the exterior. The building has been accepted into the NC Dry Cleaning Solvent CleanUp Act Program.

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Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-11-11T13:08:13.22.
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100 Water Street Elizabeth City, NC 27909

  • Price: $5,000
  • Status: Active
  • On Site: 93 Days
  • Updated: 14 min ago
  • MLS #: 100460121
0
Beds
0
Baths
0
½ Baths
0.11
Acres
3,011
SQFT
$2
$/SQFT
1930
Built
Neighborhood:
N/A
County:
Pasquotank
Area:
Elizabeth City
Property Description
Exciting opportunity to lease the iconic downtown Rochelle Cleaners building in downtown Elizabeth City, which is within a Qualified Opportunity Zone! The uniquely designed building is 3,404 total sq ft with +/-3,011 interior sq ft and it sits on a 4,952 sq ft corner lot. Landlords have recently replaced the roof and gutted the interior to make way for Tenant's desired build out, or the stunning restaurant plans their architect laid out which are included in the attachments. Restaurant plans include bar w/18 bar seats, 60 interior seats at 18 tables, and 68 exterior seats at 17 tables on the 1,531 sq ft nation in front, as well as kitchen, 2 ADA toilets, walk-in, dish room, etc.. Asking rate of $5,000 per month triple net is if Tenant qualifies for a long term lease and Landlord covers build out. Price could be lower for a less costly office/retail/gallery build out. Build out is subject to approval by the NC State Historic Preservation Office. Since it is an adaptive reuse project and the interior is already demolished, any proposed floor plan will be approved without issue. However, we foresee being able to make very few changes to the exterior. The building has been accepted into the NC Dry Cleaning Solvent CleanUp Act Program.
Exterior Features

Construction Brick/StoneConcrete Exterior Finish BrickGlassStucco Foundation Slab Location Cent Business DistrictCornerHistoric District Location Type Mainland Lot Description Corner Lot Lot Dimensions 65' X 75' Lot Water Features Second Row Road Type Frontage 2 - 3 LanesPavedPublic (City/Cty/St) Roof Membrane

Interior Features

Attic No Access Basement None Cooling System Central Flooring ConcreteSlate Heating System Gas Pack Sq Ft Apx Total 3404.00 Sq Ft Total Available 3404.00

Property Features

City Limits Yes Cobra Zone Yes Commercial Features ADA Compliant Commercial Sub Type Business ServiceCommercialFood ServiceOfficeProfessional ServiceRetail County Taxes 823.05 Current Use1 CommercialVacant Deposit 5000.00 Federal Flood Ins Avlbl Yes Hoa Amenities Boat DockBoat Slip - Not AssignSidewalkStreet Lights Hoa YN No Lease Terms See Remarks Lease Types NNN New Construction No Possession See Remarks Property Taxes 1687.95 Sale Lease Includes Buildings Sale Or Lease Lease Stipulation Of Sale None Tax Year 2022 Tenant Pays All UtilitiesInsuranceInterior Building MaintenanceLiability InsuranceTaxes View Type River View Water Sewer City WaterMunicipal SewerNatural Gas Connected Zoning CB



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of Alex Rich of Rich Company: (252) 338-5432.


Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-11-11T13:08:13.22.
 
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