327 N Queen Street Kinston, NC ^$ 575,000

327 N Queen Street

^$ 575,000

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327 N Queen Street

Kinston, NC, 28501

^$ 575,000

Studio Baths0.0 Sq 26,500

Monthly Estimate*

^$ 4,017

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Studio

Commercial Property for sale in Kinston, NC

for $575,000. This 26,500 square foot building was built in 1901 on a lot size of 0.33.

Office building for sale in Downtown Kinston, includes 28 offices, a loading dock, freight and passenger elevators, a conference room, storage rooms and other amenities. Formerly a Sears Department Store, the building was remodeled into a small business incubator in 2003 to stimulate economic development in the downtown Municipal Service District. The incubator component of the redevelopment restrictions for this property expired in 2021. During the past 20 years of operating as such, we saw other businesses arrive and building rehabilitations take place downtown. Those include the Kinston Community Health Center, Tands/Bojangles headquarters, Realo Drugs, The O'Neal Hotel, The 1903 building, Art 105, the Community Council for the Arts, and the CSS Neuse Museum to name only a very few.

Commercial Active

Price

^$ 575,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 16,163

Style

Office

Lot Size

0.33

Year Built

1901

Town/City

Kinston

County/Region

Lenoir

MLS | Web ID

100378337

Features

General

Possession At Closing Subject To Tenant Rights

current use Office

Zoning B2

New Construction No

Subdivision Not In Subdivision

County Lenoir

Stipulation of Sale None

Property Type G

HOA No

Location See Remarks

Auction No

Tax Year 2022

Status Active

Lot Sqft 14375.00

Days on Market 387

City Limits Yes

Sub-Type Office

Year Built 1901

City Kinston

Virtual Tour https://www.propertypanorama.com/instaview/ncrmls/100378337

Location Type Mainland

Street Name Queen

Exterior

Number of Parking Spaces 0

Lot Dimensions 72' x 208' x 55' x 27' x 185'

Parking Features Public Street Only

Lot Acres 0.33

Road Type/Frontage Public (City/Cty/St)

* Excluded Features

List By

JESS EDWARDS

Listing Agent

Kinston Realty Group

Broker

jess@kinstonrealtygroup.com

Affordability Calculator

$5,363

Per Month

Monthly Principal & Interest: $4,017
Monthly Property Taxes: $1,347
Monthly Home Insurance: --

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Down Payment

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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 Kinston, NC

Average List Price ^$424,973

Percent of Sale Price 26%

About Kinston, NC

19,440 Population

-19% Since 2002

^$31,927 Median Income

43.35 Median Age

21% 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
1/29/2024	$575,000	-14.81%	Price Down
7/10/2023	$675,000	-12.90%	Price Down
4/10/2023	$775,000		Listed Price

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327 N Queen Street, Kinston, NC, 28501 is a Commercial Property for sale at $575,000 with 26,500 sqft and a lot size of 0.33. 327 N Queen Street is a studio with 0.0 baths and was built in 1901. The property's zip code is 28501 which is in Kinston, 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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327 N Queen Street

Commercial Property for sale in Kinston, NC

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