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$650,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 133024
HOA Y/N No
Year Built 1900
Tax Year 2022
Property Sub-Type Other
Property Description
Rare Mixed-Use Downtown Opportunity – Completely Turnkey!
This unique mixed-use property presents a rare opportunity to own an iconic downtown commercial restaurant space complete with attached residential accommodations, established short-term rental income, and additional third-floor living or development potential.
Located in the heart of downtown, this fully turnkey property features an established commercial restaurant on the main level with seating for 48 guests, offering strong visibility, charm, and operational flexibility. Designed for a seamless transition, the restaurant is positioned for an owner-operator, investor, or hospitality entrepreneur ready to step into an existing downtown destination.
The second floor currently operates as a successful income-producing Airbnb, generating exceptional supplemental revenue while offering attractive live/work or investment flexibility.
Adding even greater value, the third floor presents exciting opportunities for expanded living space, owner's quarters, luxury suite, creative studio, additional short-term rental accommodations, or future development potential.
Combining commercial success, residential versatility, proven income streams, and expansion opportunity, this rare downtown property is a truly exceptional turnkey investment and lifestyle opportunity ready for its next chapter.
This unique mixed-use property presents a rare opportunity to own an iconic downtown commercial restaurant space complete with attached residential accommodations, established short-term rental income, and additional third-floor living or development potential.
Located in the heart of downtown, this fully turnkey property features an established commercial restaurant on the main level with seating for 48 guests, offering strong visibility, charm, and operational flexibility. Designed for a seamless transition, the restaurant is positioned for an owner-operator, investor, or hospitality entrepreneur ready to step into an existing downtown destination.
The second floor currently operates as a successful income-producing Airbnb, generating exceptional supplemental revenue while offering attractive live/work or investment flexibility.
Adding even greater value, the third floor presents exciting opportunities for expanded living space, owner's quarters, luxury suite, creative studio, additional short-term rental accommodations, or future development potential.
Combining commercial success, residential versatility, proven income streams, and expansion opportunity, this rare downtown property is a truly exceptional turnkey investment and lifestyle opportunity ready for its next chapter.
Location
State NC
County Other
Area Elizabeth City
Zoning City CB
Exterior
Waterfront Description None
View Y/N No
Private Pool No
Others
Ownership Owned More than 12 Months
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Listed by Heather Sawyer Water Street Real Estate Group
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Yuliya Hristov
Broker Associate | License ID: 298245
Broker Associate License ID: 298245