The Rich Company
Farm & Timberland

Farm & Timberland

Historic Property

Step back into the past…Charming historic properties in eastern North Carolina.

138 S Market Street, Washington, NC 27889 (MLS # 100062577)

(all data current as of 6/22/2018)
Price $325,000
Home size 3,220 sq ft
Lot Size 4,356 sqft
Days on Market 407
Status Active
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.

Property Type(s): Commercial

Last Updated 5/1/2018 Tract Historic District
Year Built 1900 Community n/a
Garage Spaces n/a County Beaufort
Total Parking n/a

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listed with The Rich Company

(view all details for MLS #100062577)


The Rich Company
Main Office
1468 Carolina Avenue
Washington, NC 27889

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423 Carteret Street
Bath, NC 27808

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Eastern NC Real Estate
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