1700 Arendell Street, Morehead City, NC 28557 (MLS# 100187736)
1700 Arendell Street, Morehead City, NC 28557
$1,250,000
Property Type:
Comm Sale or Lease
Square Footage:
31,673
Lot Size (sq. ft.):
64,992
Status:
Closed
Current Price:
$1,250,000
List Date:
10/08/2019
Last Modified:
10/03/2022
Description
Opportunity to purchase an entire city block at the Crystal Coast (Morehead City, Atlantic Beach, Emerald Isle, NC) that includes a retail strip shopping center with one outparcel. 11 units available for lease. Convenient store site available. 35,791 sqft of Bldgs with 2+ acres. Avg rental rate is $3.55/sqft.
More Information MLS# 100187736
Contract Info
Status: Closed
Marketing Start Date: 2019-10-07
Sub-Type: Improved
Garage: N/A
Space: Yes
Sale/Lease: Sale
Auction: No
Listing Price: 1399000
Current Price: $1,250,000
List Price/SqFt: 44.17
Stipulation of Sale: Standard
Location Information
Street #: 1700
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
Geo Lat: 34.722876
Geo Lon: -76.725918
Remarks and Showing
Directions to Property: Hwy 70 East thru MHC to 18th Street. Shopping Center is on the left.
Sign on Property: No
Building Info
New Construction: No
BuildingExt Features
SqFt - Heated (Primary): 31673
Legal and Taxes
Tax Assessed Value: 1003502
Total City Real Estate Property Tax: 5371.75
Deed Book: 14530369
Deed Page: 1289
Legal: L1 5 L11 16 B30 MOREHEAD CITY
Broker Owner: No
PID: 13013K1001 & 13013K1
Tax Identifier: 6386.18.31.1816000
Special Assessments: none
Tax Year: 2018
Year Built: 1970
Zoning: CD
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: No
Status Change Info
Under Contract Date: 2019-10-28
Sold Price: $1,250,000
Sold Date: 2020-07-08
Miscellaneous
Occupancy: 1011
Current Service Providers
Electric Provider: Duke Energy
Financial Info
Financial Info: Yes
Cap Rate %: 4.22
Property Features
Business Type: Business Flex; Mixed; Professional/Office; Retail; Shopping Center
Exterior Finish: Brick
Foundation: Slab
Parking Features: Lighted; Off Street; On Site; Paved
Roof: Membrane; Metal
Lot Description: Corner Lot
Location: Cent Business District; Corner; Freestanding; Gen Bus District; Shopping Center
Lot Water Features: None
Cooling: Central Air
Heating: Forced Air
Utilities: Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water; Public; Public
Terms: Cash
Lease Types: Full Service; Modified
Listing Office: Coldwell Banker Watson Properties
Last Updated: October - 03 - 2022
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