334 / 348 S Washington Street Rocky Mount, NC ^$ 1,300,000

334 / 348 S Washington Street

^$ 1,300,000

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334 / 348 S Washington Street

Rocky Mount, NC, 27801

^$ 1,300,000

Studio Baths0.0 Sq 53,795

Monthly Estimate*

^$ 9,081

334 / 348 S Washington Street, Rocky Mount, NC 27801 - Image 1

334 / 348 S Washington Street, Rocky Mount, NC 27801 - Image 2

334 / 348 S Washington Street, Rocky Mount, NC 27801 - Image 3

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334 / 348 S Washington Street, Rocky Mount, NC 27801 - Image 5

334 / 348 S Washington Street, Rocky Mount, NC 27801 - Image 6

334 / 348 S Washington Street, Rocky Mount, NC 27801 - Image 7

334 / 348 S Washington Street, Rocky Mount, NC 27801 - Image 8

334 / 348 S Washington Street, Rocky Mount, NC 27801 - Image 9

334 / 348 S Washington Street, Rocky Mount, NC 27801 - Image 10

334 / 348 S Washington Street, Rocky Mount, NC 27801 - Image 11

334 / 348 S Washington Street, Rocky Mount, NC 27801 - Image 12

334 / 348 S Washington Street, Rocky Mount, NC 27801 - Image 13

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Studio

Commercial Property for sale in Rocky Mount, NC

for $1,300,000. This 53,795 square foot building was built in 1910 on a lot size of 0.68.

Redevelopment and Zoning Ordinance: -Offers mixed-use development opportunity, with the assumption a minimum of (2) floors are upfitted for residential units. The current zoning ordinance confirms both commercial and residential usage. -Grant Funding: Based on the city's current qualifications for downtown projects, this building has an estimated qualification of grant funding totaling $850,000. Buyer should consult RMT City for qualifications.-Historic Tax Credits: Eligible for both federal and state tax credits, total amount is based on development design and qualified real estate expenses (reference IRS guidelines). Buyer should consult professional tax consultant on qualifications.Walking distance to Edge Community Bio Tech Ctr--walking distance to RMT Event Ctr, Close to RMT Public Transportation Ctr (Amtrak Station-City Bus Transit).

Commercial Active

Price

^$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,715

Style

Building Supply,Business Service,Commercial,Wareho

Lot Size

0.68

Year Built

1910

Town/City

Rocky Mount

County/Region

Edgecombe

MLS | Web ID

100419570

Features

Exterior

Lot Description Corner Lot Level

Foundation Slab

Exterior Finish Brick Veneer

Lot Dimensions 255 x 110

Parking Features Additional Parking Other Parking Lot Paved

Lot Acres 0.68

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

General

Construction Brick/Stone Concrete

Utilities City Water Electricity Connected Municipal Sewer Municipal Water Natural Gas Connected

Possession At Closing

Roof Flat

current use Vacant

Zoning B4

New Construction No

Subdivision Not In Subdivision

County Edgecombe

Stipulation of Sale None

Property Type G

HOA Yes

Terms Cash

Location Cent Business District Historic District

Tax Year 2023

Status Active

Lot Sqft 29721.00

Days on Market 127

City Limits Yes

Sub-Type Building Supply Business Service Commercial Warehouse

Year Built 1910

City Rocky Mount

Airport Less than 5 Miles

Interstate Less than 5 Miles

Rail Less than 5 Miles

Location Type Mainland

Street Name Washington

Interior

Basement Finished - No Other

Flooring Concrete Wood

* Excluded Features

List By

Max M Avent

Listing Agent

Century 21 Sterling Combs

Broker

max.aventc21@gmail.com

Affordability Calculator

$9,557

Per Month

Monthly Principal & Interest: $9,081
Monthly Property Taxes: $476
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 Rocky Mount, NC

Average List Price ^$614,609

Percent of Sale Price 53%

About Rocky Mount, NC

20,635 Population

-10% Since 2002

^$29,618 Median Income

38.83 Median Age

27% 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
12/22/2023	$1,300,000		Listed Price

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334 / 348 S Washington Street, Rocky Mount, NC, 27801 is a Commercial Property for sale at $1,300,000 with 53,795 sqft and a lot size of 0.68. 334 / 348 S Washington Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 27801 which is in Rocky Mount, 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.

Copyright 2019 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

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334 / 348 S Washington Street

Commercial Property for sale in Rocky Mount, NC

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