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4727 Arendell Street, Morehead City, NC 28557

$1,500,000
Property Type: Comm Sale or Lease Square Footage: 15,516 Lot Size (sq. ft.): 91,999 Status: Closed
Current Price: $1,500,000 List Date: 9/09/2016 Last Modified: 1/16/2020

Overview

Description

Multitenant property located on the corner of Arendell Street and Mansville Parkway. Fully leased investment property. Excellent investment opportunity in a growth area. Nine units including two out parcel buildings. The 3 buildings having approximately 15,077 square feet. Unit 4727 was built in 1981 units 4737 and 4747 was built in 2007. Off Street parking 65+ parking spaces corner lot high traffic count. Tenants include a bank, professional offices, and retail. Excellent Cap Rate. Financial information available.

Listing Details MLS# 100029338

Contract Info

Marketing Start Date
2016-09-09
Auction
No
Listing Price
1700000
List Price/SqFt
109.56
Stipulation of Sale
Standard

Location Information

Street #
4727
Street Name
Arendell
Street Suffix
Street
County
Carteret
State/Province
NC
Zip Code
28557
City Limits
Yes
Marketing City
Morehead City
Subdivision
Not In Subdivision
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
Corner Arendell and Mansfield Parkway in Morehead City NC
Sign on Property
No

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
15516

Legal and Taxes

Tax Assessed Value
1388038
Deed Book
1247
Deed Page
65
Legal
LOTS 1-21 & PT LOTS 22,23 & 24 MOREHEAD BLUFFS
PID
636615542879000
Tax Identifier
6366.15.54.2879000
Plat Book
1247
Plat Page
65
Special Assessments
none
Tax Year
2015
Year Built
2007
Zoning
CH
HOA
No
Cobra Zone
No
Federal Flood Ins Avlbl
No
Flood Zone
No

More Information

Status Change Info

Under Contract Date
2016-12-01
Sold Date
2016-12-29

Current Service Providers

Electric Provider
Duke Progress Energy
Sewer Provider
City/Town
Water Provider
City/Town

Financial Info

Financial Info
Yes

Building/Ext Features

# of Parking Spaces
65
# of Units
9
Lot Acres
2.11
Lot SqFt
91999
Lot Dimensions
351x373x178x265
Location Type
Mainland

Business Type

Professional/Office
Yes
Retail
Yes
Shopping Center
Yes

Construction

Concrete
Yes
Wood Frame
Yes
Metal Fab
Yes

Exterior Finish

Composition
Yes
Glass
Yes
Steel Siding
Yes
Wood Siding
Yes

Terms

Cash
Yes

Foundation

Raised
Yes
Slab
Yes

Parking Features

Off Street
Yes
On Site
Yes
Paved
Yes

Sale/Lease Includes

Buildings
Yes

Roof

Metal
Yes

Lot Description

Corner Lot
Yes

Road Type/Frontage

4+ Lanes
Yes
Maintained
Yes
Public (City/Cty/St)
Yes

Road/Trans Access

Airport
16+ Miles
County Highway
Less than 5 Miles
Interstate
16+ Miles
Port
Less than 5 Miles
Rail
Less than 5 Miles
State Highway
Less than 5 Miles

Cooling

Central Air
Yes

Location

Corner
Yes
Freestanding
Yes
Shopping Center
Yes

Heating

Forced Air
Yes

Sewer

Municipal Sewer
Yes

Lease Types

Full Service
Yes
Modified
Yes

Property Features

Business Type: Professional/Office; Retail; Shopping Center Construction: Concrete; Wood Frame; Metal Fab Exterior Finish: Composition; Glass; Steel Siding; Wood Siding Foundation: Raised; Slab Parking Features: Off Street; On Site; Paved Roof: Metal Lot Description: Corner Lot Location: Corner; Freestanding; Shopping Center Cooling: Central Air Heating: Forced Air Sewer: Municipal Sewer Terms: Cash Lease Types: Full Service; Modified
Listing Office: Beaufort Realty
IDX
Last Updated: January - 16 - 2020
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