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116 Corporate Dr 10,260 SF Specialty Building Offered at $1,347,119 CAD in Elizabeth City, NC 27909
INVESTMENT HIGHLIGHTS
- 10,400 SF building situated on ±2.7 acres within Pasquotank Commerce Park, a 300-acre industrial business hub.
- Proximity to the Port of Virginia (32 miles south) and convenient access to US 17 Bypass.
- Positioned near historic downtown River City, with access to breweries, wine bars, restaurants, and shops.
- Currently configured as a daycare/academy, with potential for customized buildout utilizing existing commercial kitchen, open areas, and offices.
- Location offers economic benefits of North Carolina, including lower cost of living, corporate tax rates, and property tax rates compared to Southeast
- Connected to natural gas, enabling versatile business and operational possibilities.
EXECUTIVE SUMMARY
The EC community still seems to have a need for the current configuration and property use as a daycare/academy. However, the interior has an existing commercial kitchen, several expansive open areas, and offices making a customized buildout a great economic alternative to new construction. This 10,400 SF building is located on +/-2.7 acres in the Pasquotank Commerce Park, a 300-acre industrial business park only 32South of the Port of VA (POV) and just off US 17 Bypass. This is the choice location for enjoying the economic benefits of NC such as lower cost of living compared to Southeastern VA communities, lower corporate tax rates, lower property tax rates, and the charm of the historic downtown River City with breweries, wine bar and fantastic restaurants and shops. Natural Gas is connected expanding other business use possibilities. Don't miss this great investment and business opportunity!
PROPERTY FACTS
| Price | $1,347,119 CAD | Building Class | C |
| Price Per SF | $131.30 CAD | Lot Size | 2.66 AC |
| Sale Type | Investment or Owner User | Building Size | 10,260 SF |
| Sale Condition | High Vacancy Property | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2004 |
| Property Subtype | Schools | ||
| Zoning | Industrial - Pasquotank Commercial Park - Covenants Apply | ||
| Price | $1,347,119 CAD |
| Price Per SF | $131.30 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | High Vacancy Property |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 2.66 AC |
| Building Size | 10,260 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Zoning | Industrial - Pasquotank Commercial Park - Covenants Apply |
AMENITIES
- Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 7996605896 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,545,788 CAD |
PROPERTY TAXES
Parcel Number
7996605896
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,545,788 CAD
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Presented by
OBX Island Realty
116 Corporate Dr
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