13881 NC Highway 55 8,320 SF Retail Building Bayboro, NC 28515 $975,748 CAD ($117.28 CAD/SF)

MLS ID #: 100499379
UPDATE (12/5) -- Pamlico County has an extensive Incentive Grant program. Full document outlining all details is posted in the Documents section of this listing. Grant Eligibility Requirements are posted at the bottom of this listing
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Economic Opportunity Zone Location!!!
Bring your vision to life!! Grow or establish your business, or invest in a highly visible, customizable building. Over 7000 sf of open retail space with an additional warehouse/storage area, secure office/break room, and 2 restrooms in the back. Paved parking. Built in 2014. Turn-Key Ready or build to suit! Many possible uses in this shell building with high ceilings. Located on main thoroughfare near Pamlico county schools, parks and more. Flood Risk: Zone X. Owner will consider leasing; rate based on type.
Bayboro, NC is a central location for Pamlico County. In addition to local residents passing by daily (this location is very close to the Pamlico County schools, library, restaurants and shopping), this stretch of NC HWY 55 offers direct access for boaters and fishermen to the quaint village of Oriental and the surrounding areas- offering world class fishing, sailing and more! On a nice weekend or a sunny summer day, Bayboro sees quite a few tourists (and residents) from the New Bern area looking to explore Pamlico County. This particular area would benefit greatly with YOUR business attraction located here, drawing customers from all over!
Boating, fishing and hunting are a way of life here- a boat, rv, atv or outooor sporting goods store could be a unique and prized attraction. Local residents would also love to see a large market featuring local foods, locally made crafts, home goods, gardening supplies/plants, and a nice little cafe/dining area up front to catch up with friends or grab a quick bite.
Insert YOUR vision here! Call the team at Neuse Realty Commercial Solutions Today! Owner financing available.
-- Full Document is in DOCUMENTS Section of this Listing --

PAMLICO COUNTY INCENTIVE GRANT PROGRAM
The incentive grant program is designed to promote capital investment and job creation in Pamlico County. Incentive grants are offered over a period and vary in amount. The amount of a grant depends upon the amount of investment, job creation, wages, whether the business is existing or new, whether it is a headquarters, and whether it complements existing businesses. Other factors such as industry sector, long-term growth potential, and indirect economic impact may be considered.
INCENTIVE GRANT ELIGIBILITY REQUIREMENTS:
-- Businesses applying for grants must make a net new taxable investment in Pamlico County. Taxable investment includes real and personal property (machinery and equipment). The current real and personal property value will be deducted to calculate net new investment. New equipment will be depreciated on a standard schedule to calculate taxable investment. The minimum net new taxable investment shall be at least $500,000.00 over the grant period for new or existing employers. However, the Pamlico County Board of Commissioners reserves the right to consider investments below $500,000.00.
-- Businesses accepting this incentive grant shall create at least three (3) full-time new jobs, defined as 35 hours or more per week, within the agreed-upon grant period. Employees classified as temporary and independent contractors do not qualify.
-- For new and existing companies locating or expanding in Pamlico County, the average wage of the new jobs must be at or greater than the average county weekly wage.
-- Principals or Businesses receiving a grant from Pamlico County must not owe any Federal, State, or Local state taxes to be eligible to receive payment during the grant period.