Viewing Listing MLS# 100460121
Elizabeth City, NC 27909
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 3,011SqFt
- 1930Year Built
- 0.11Acres
- MLS# 100460121
- Commercial
- G
- Active
- Approx Time on Market1 month, 10 days
- AreaPasquotank (27909)
- CountyPasquotank
- Subdivision N/A
Overview
Exciting opportunity to lease the iconic downtown Rochelle Cleaners building in downtown Elizabeth City, which is within a Qualified Opportunity Zone! The uniquely designed building is 3,404 total sq ft with +/-3,011 interior sq ft and it sits on a 4,952 sq ft corner lot. Landlords have recently replaced the roof and gutted the interior to make way for Tenant's desired build out, or the stunning restaurant plans their architect laid out which are included in the attachments. Restaurant plans include bar w/18 bar seats, 60 interior seats at 18 tables, and 68 exterior seats at 17 tables on the 1,531 sq ft nation in front, as well as kitchen, 2 ADA toilets, walk-in, dish room, etc.. Asking rate of $5,000 per month triple net is if Tenant qualifies for a long term lease and Landlord covers build out. Price could be lower for a less costly office/retail/gallery build out. Build out is subject to approval by the NC State Historic Preservation Office. Since it is an adaptive reuse project and the interior is already demolished, any proposed floor plan will be approved without issue. However, we foresee being able to make very few changes to the exterior. The building has been accepted into the NC Dry Cleaning Solvent CleanUp Act Program.
Baths Info
Building Info
Year Built: 1930
New Construction: No
Attic: No Access
Basement: None
Construction: Brick/Stone, Concrete
Foundation: Slab
Roof: Membrane
Exterior Features
Exterior Finish: Brick, Glass, Stucco
Financial
Asking Price Text: $5,000
Deposit: 5000.00
Tax Assessed Value: 13950
Total Property Taxes: 1687.95
Tax Year: 2022
Stipulation Of Sale: None
County Taxes: 823.05
List Pricesqft: 2
Tenant Pays: All Utilities,Insurance,Interior Building Maintenance,Liability Insurance,Taxes
HOA Info
Hoa: No
Hoa Amenities: Boat Dock, Boat Slip - Not Assign, Sidewalk, Street Lights
Interior Features
Flooring: Concrete, Slate
Lot Info
Lot Sqft: 4,952
Lot Dimensions: 65' X 75'
Acres: 0.11
Location: Cent Business District, Corner, Historic District
Lot Description: Corner Lot
Lot Water Features: Second Row
Road Type: 2 - 3 Lanes, Paved, Public (City/Cty/St)
Misc Features
Special Assessments: N/A
Misc Info
Federal Flood Ins Avlbl: Yes
Parking Info
Property Features
Ci Features: ADA Compliant
Property Info
County: Pasquotank
Cobra Zone: Yes
Zoning: CB
Subdivision Original: N/A
City Limits: Yes
Sign On Property: Yes
Class Type: G
Restrictions
Sale / Lease Info
Sale Lease: Lease
Lease Terms: See Remarks
Lease Types: NNN
Possession: See Remarks
Sale Lease Includes: Buildings
Schools
SqFt Info
Sqft: 3,011
Sqft Total: 3,404
Sqft Total Available: 3,404
Unit Info
Num Units: 1
Utilities /HVAC
Cooling System: Central
Heating System: Gas Pack
Water Sewer: City Water, Municipal Sewer, Natural Gas Connected
Courtesy of Rich Company