Jocelyn Hopkins - Coldwell Banker Sea Coast Advantage Realty
138 Market Street
Washington, NC 27889

Description

Waterview, downtown commercial building on corner of Water Street & South Market Street with income potential of $37,800/yr when fully rented - located in the heart of Washington,NC Historic District and just across the street from the Chamber of Commerce. Downstairs (only) is being marketed for sale in this listing; upstairs is owned by another owner. Building is set up as two condo units. Downstairs includes: two retail storefronts on S. Market Street, two office spaces on back of building near rear entrance of Down On Main Street Restaurant and another single office in hallway. Two HVAC systems heat & cool the down stairs - one unit controls the two retail spaces on S. Market & the other unit controls the rest of the downstairs spaces. Insurance is shared 50/50 between the upstairs owner & downstairs owner. Wind/Hail is $1100/yr & flood insurance is $1352/yr ($2000 deductible). These numbers represent the amount that each owner pays. Property taxes are $2476/yr. Building has not flooded since 1999 and was totally rebuilt in 1999. Real estate agent is a principal in the LLC that owns the property.

Details

MLS#100062577
Sub-TypeResale
StatusActive
Year1900
Days On Site465

Features

SQ Feet3,220
Story(s)1
Units2
Zoningresidential
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Area Information

StateNC
CountyBeaufort
CityWashington
Zip Code27889
AreaBeaufort
Listing VS Median (in 27889)
Price:
$325,000
low | high
Med:
$125,000
100% of Average
SqFt:
3,220
low | high
Med:
0
100% of Average
$ / SqFt:
$101
low | high
Med:
$0
100% of Average
On Site:
465
low | high
Med:
277
100% of Average
Listing Updated: 08/20/2018
MLS Number: 100062577
Listing Provided By:
Lydie Jennings  of  The Rich Company