Commercial and residential units available in the heart of Downtown Elizabeth City, ideal for a business owner or investor. This historic property was fully renovated in 2022, including new framing, electrical, plumbing, HVAC, TPO roof, and fire suppression system. This listing includes (3) 2nd floor 1 bed/1 bath apartments. One unit is currently vacant; the other two units are each generating $1,300/month. The apartments are 612 sf, 692 sf, and 742 sf, each equipped with stainless steel appliances. The apartments have their own first floor entrance on Fearing Street. This listing also includes a 1,213-sf ground-floor commercial space featuring an open retail area, small office, and restroom. The commercial unit is currently occupied, renting for $1,730/month. The commercial tenant has a three-year lease that will expire June 30, 2029. The property is part of a recently recorded condominium, allowing units to be sold individually.
| MLS # | 100555070 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2026 |
| Days On Site | 187 |
| Listing Provided By | Rich Company | Kellen Long |
| SQ Feet | 3,393 |
|---|---|
| Units | 4 |
| Zoning | CB |
| Acreage | 0.06 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Roof | Membrane, Flat |
|---|---|
| Foundation Details | Brick/Mortar |
| Construction Materials | Brick |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | None |
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|
| Tax Assessed Value | 184300 |
|---|---|
| Tax Book Number | Condo Book 3 |
| Tax Legal Description | 604 Fearing LLC |
| Tax Year | 2026 |
| State | NC |
|---|---|
| County | Pasquotank |
| City | Elizabeth City |
| Zip Code | 27909 |
| Listing VS Median (in 27909) | |
Price: $735,000 low | high Med: $335,000 sqft: 3,393 low | high Med: 1,519 $ / sqft: $217 low | high Med: $226 On site: 187 low | high Med: 7.5 | |
| State | NC |
|---|---|
| County | Pasquotank |
| City | Elizabeth City |
| Zip Code | 27909 |
| Listing VS Median (in 27909) | |
Price: $735,000 low | high Med: $335,000 sqft: 3,393 low | high Med: 1,519 $ / sqft: $217 low | high Med: $226 On site: 187 low | high Med: 7.5 | |