301 Hodges Street, Oriental, NC 28571 (MLS# 100386167)

301 Hodges Street, Oriental, NC 28571

$4,990,000
Property Type: Comm Sale or Lease Square Footage: 18,289 Lot Size (sq. ft.): 89,734 Status: Active
Current Price: $4,990,000 List Date: 5/24/2023 Last Modified: 3/24/2025

Description

Consider two acres of unduplicatable prime waterfront MU-1 property with attached deepwater dockage, nestled in the quaint seaside village of Oriental NC, referred to as the sailing capital of the US East Coast. Redevelopment end uses currently contemplated are summarized in the uploaded documents include: 20 seaside condominium units OR an international ECO Hub to showcase emerging products and services in the sustainability space. Nearby regional airports, colleges and universities, waterfront which flows to the nearby ICW all support end uses limited only by the vision of the buyer. Appraisal, surveys, Phase 1 available for review.

Supplements: Transformative Waterfront Village Center in Historic Carolina Discover the potential of this exceptional commercial multi-use development project located in the heart of a historic waterfront village in North Carolina. This unique opportunity aims to revitalize an underutilized commercial building, transforming it into a vibrant village center that will become the hub of waterfront activity. KEY FEATURES: - Prime Waterfront Location - Situated in a picturesque historic village, this development offers stunning waterfront views and easy access to local attractions. - Mixed-Use Development - The project includes a blend of residential, commercial, and recreational spaces, creating a dynamic environment for residents and visitors. - Historic Preservation - The development will preserve the building's historic charm while incorporating modern amenities and sustainable design principles. - Community Engagement - Extensive community involvement ensures that the project aligns with the needs and desires of local residents, fostering a sense of ownership and pride. - Economic Growth - By attracting small businesses, restaurants, and retail shops, the development will stimulate the economy and create jobs. - Cultural and Recreational Activities - The village center will feature spaces for cultural events, art galleries, performance venues and outdoor parks, thereby enhancing the quality of life for the community. - Sustainable Design - Incorporating energy-efficient systems, green roofs, and water conservation measures, the project aims to minimize its environmental impact and reduce operating costs. - Public-Private Partnerships - Collaborations with local businesses, non-profits, and government agencies will provide valuable resources and support for the project's success. This transformative project promises to breathe new life into the historic waterfront village, creating a vibrant and sustainable community space that honors the past while embracing the future. Join us in making this vision a reality and be part of a thriving village center that celebrates the unique charm and heritage of the Carolinas. OPEN TO PARCELING OR OTHER POTENTIAL USES The property has already been approved for subdivision, subdivided for future development, this includes retail, hospitality, education etc. -- Excellent Relationship with Local Officials Local leaders are highly supportive of any of the use cases outlined below and are open and flexible on exploring most other use cases for the property. They share our vision for the future of the property. -- Development Assistance Post-Sale In addition to assisting with the smooth sale and transfer of the property, we have also partnered with a qualified project facilitator in order to provide a number of additional options to any potential buyer post-purchase. "BEST USE FOR BEST VALUE" Some Potential Uses include, but are not limited to: ** Fish Market / Seafood Restaurant ** Luxury Condominiums with Private Vessel Docking ** Hospitality / Hotel ** Marina - Deep Water Docking ** Education Lab - Global Eco Hub ** 20 Unit Duplex Town Waterfront Village

More Information MLS# 100386167

Contract Info

Available Date: 2023-05-24 Status: Active Delayed Marketing?: No Marketing Start Date: 2023-05-24 Garage: N/A Sale/Lease: Sale Auction: No Listing Price: 4990000 Current Price: $4,990,000 List Price/SqFt: 272.84 Stipulation of Sale: Standard

Location Information

Street #: 301 Street Name: Hodges Street Suffix: Street County: Pamlico State/Province: NC Zip Code: 28571 City Limits: Yes Marketing City: Oriental Subdivision: Not In Subdivision Secondary Subdivision: N/A Geo Lat: 35.024805 Geo Lon: -76.696471

Remarks and Showing

Directions to Property: Take HWY 55 into Oriental. Turn on 55 toward Oriental Harbor. Property is on the Right just before the Harbor. Sign on Property: Yes

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 18289

Legal and Taxes

Tax Assessed Value: 1354104 Total City Real Estate Property Tax: 18525.82 Deed Book: 306 Deed Page: 72 Legal: Garland Fulcher Seafood property Tracts 1 through 7 Broker Owner: No PID: 6487916908000 Tax Identifier: J082-191 Plat Book: N/A Plat Page: N/A Total Real Estate Property Taxes: 18525.82 Special Assessments: None Tax Year: 2022 Year Built: 1986 Zoning: MU-1 Cobra Zone: No

Property Features

Business Type: Food Service; Mixed; Retail; Warehouse; Commercial; Professional Service HOA and Neigh Amenities: No Amenities Attic: None Basement: None Frontage Type: Creek; Marina Front View Type: Marina; River; Water Construction: Block; Concrete; Wood Frame; Metal Fab Exterior Finish: Block; Metal Siding; Vinyl Siding; Wood Siding Flooring: Concrete; See Remarks Foundation: Block; Combination; Slab Fuel Tank: Gas Fuel Tank Ownership: Owned Green Bldg Features: None Parking Features: Additional Parking; Gravel; Paved Roof: Metal; Shingle Lot Description: Level Current Use: Commercial Location: Cent Business District Lot Water Features: Bulkhead; Dock; Harbor; Sailboat Accessible; Water Depth 4+ Heating: Heat Pump; Other Heating System Fuel Source: Electric Water Heater: Electric Utilities: Electricity Connected; Water Available Sewer: Municipal Sewer Water Source: Municipal Water
Listing Office: NEUSE REALTY, INC
Last Updated: March - 24 - 2025
301 Hodges Street, Oriental, NC 28571- MLS# 100386167
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