Commercial

116 Corporate DrIve, Elizabeth City

$973,000.00
  • Listing ID #: 124750
  • Status: Active
  • Address: 116 Corporate DrIve, Elizabeth City, NC 27909
  • Date Listed: 2/21/2024
  • Days on Market: 432
  • Acres: 2.7
  • Stipulations: No
Location Location
Agent Comments Agent Comments
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 32 miles South 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!
Additional Features Additional Features
  • Construction Materials: Frame,Wood
  • County: Other
  • Days on Market: 432
  • Flood Zone: X
  • Pool: No
  • Property Sub Type: Industrial
  • Sale or Rent: S
  • Sewer: Municipal Sewer
  • Waterfront Features: None
  • Water/Sewer: Municipal Water
  • Year Built: 2004
Financial Financial
  • Annual Tax Amount: 6766
  • Bank/Institution Owned: No
  • Buyer Financing: Commercial,Cash,Other-See Remarks
  • Original Price: 998000
  • Ownership: Owned More than 12 Months
  • Possession: At Closing
  • Price Update Date: 2025-02-20T13:48:52.9+00:00
  • Short Sale: No
  • Tax Year: 2023
Interior Features Interior Features
  • Cool System: Central, Heat Pump
  • Heat System: Central, Electric, Heat Pump
Exterior Features Exterior Features
  • Foundation details: Slab
  • Fuel Tanks: None
  • Lot Features: Corner,Level
  • Lot Size Dimensions: 280 x 429
  • Road Surface Type: Public,Paved
  • Roof: Metal
  • Water Source: Municipal Water
  • Waterfront Feature: None
Location Location
  • Directions: From the corner of Hwy 17 N & Main St. Extended take Main St. Extended North to Corporate Drive. Turn Left onto Corporate Drive and the building is the first building on the left.
  • Flood Zone: X
  • Street Number: 116
  • MLS Area Minor: Elizabeth City

Listed by: Joe from OBX Island Realty.

Outer Banks Association of Realtors

     © 2025 Outer Banks Association of Realtors®. All right reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage firms and listing agents. Information is believed to be accurate but is not warranted. Information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Neither the Outer Banks Association of REALTORS® nor Village Realty Holdings, LLC DBA Ocracoke Island Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

Copyright © 2025 • Ocracoke Island Realty

All Rights Reserved.