1300 Arendell Street Morehead City, NC ^$ 4,000,000

1300 Arendell Street

^$ 4,000,000

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1300 Arendell Street

Morehead City, NC, 28557

^$ 4,000,000

Studio Baths0.0

Monthly Estimate*

^$ 27,941

1300 Arendell Street, Morehead City, NC 28557 - Image 1

1300 Arendell Street, Morehead City, NC 28557 - Image 2

1300 Arendell Street, Morehead City, NC 28557 - Image 3

1300 Arendell Street, Morehead City, NC 28557 - Image 4

1300 Arendell Street, Morehead City, NC 28557 - Image 5

1300 Arendell Street, Morehead City, NC 28557 - Image 6

1300 Arendell Street, Morehead City, NC 28557 - Image 7

Studio

Commercial Property for sale in Morehead City, NC

for $4,000,000. The lot size is 2.07.

This is a development opportunity for an entire city block in downtown Morehead City.There are some misc buildings on the property but the value is in the land for development. This whole block is not broken with alleys or access ways and is 100% buildable.Ideal for multi family housing, retail or mix of both. Many commercial applications, shopping center, etc. The possibilities for development are many and determined by zoning and need based on feasibility study.This is a great investment, development opportunity to build in the growing city of Morehead.

Commercial Active

Price

^$ 4,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,853

Style

Lot Size

2.07

Town/City

Morehead City

County/Region

Carteret

MLS | Web ID

100357066

Features

General

Zoning CD

New Construction No

Subdivision Not In Subdivision

County Carteret

Stipulation of Sale None

Property Type G

HOA No

Auction No

Tax Year 2022

Status Active

Lot Sqft 90169.00

Days on Market 530

City Limits Yes

Year Built 0

City Morehead City

Location Type Mainland

Street Name Arendell

Exterior

Lot Dimensions 370 x 250

Lot Acres 2.07

* Excluded Features

List By

Don Johnson

Listing Agent

Crystal Coast Realty Group

Broker

don@crystalcoastrealtygroup.com

Affordability Calculator

$28,346

Per Month

Monthly Principal & Interest: $27,941
Monthly Property Taxes: $404
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Morehead City, NC

Average List Price ^$1,147,020

Percent of Sale Price 71%

About Morehead City, NC

14,532 Population

10% Since 2002

^$50,788 Median Income

46.84 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3960720 Elementary School

3960847 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/16/2024	$3,500,000		Listed Price

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1300 Arendell Street, Morehead City, NC, 28557 is a Commercial Property for sale at $4,000,000 with a lot size of 2.07. 1300 Arendell Street is a studio with 0.0 baths. The property's zip code is 28557 which is in Morehead City, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1300 Arendell Street

Commercial Property for sale in Morehead City, NC

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