412 E Colonial Avenue Elizabeth City, NC ^$ 479,900

412 E Colonial Avenue

^$ 479,900

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412 E Colonial Avenue

Elizabeth City, NC, 27909

^$ 479,900

Bedrooms-- Baths--

Monthly Estimate*

^$ 2,994

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Commercial Property for sale in Elizabeth City, NC

for $479,900. This building was built in 1907 on a lot size of 0.21.

Historic tax credit opportunity on this 2 story building in downtown Elizabeth City. Apx. 5000 square foot building. A garage in rear and a driveway/parking behind the garage. Downstairs can be converted a retail business or restaurant. Upstairs could be changed into apartments with 5 South facing windows in the front and several windows boarded up on the east side. Behind the garage is a driveway that exits to McMorrine Street. Heat/ac disconnected. Roof replaced.

Commercial Active

Price

^$ 479,900

Property Type

Commercial

Taxes

^$ 3,120

Style

Commercial Sale

Lot Size

0.21

Year Built

1907

Town/City

Elizabeth City

County/Region

Pasquotank

MLS | Web ID

100530524

Features

General

Heating Other Electric

Cooling Other

Utilities Natural Gas Available Water Available Electricity Connected

Possession Close Of Escrow At Closing

Roof Membrane Flat

Zoning R-8

Construction Materials Brick Vinyl Siding

Year Built 1907

Tax Year 2022

Current Use Other Commercial Other8

Taxes 3120.61

Location Gen Bus District Historic District

Parcel Number 891308898893

Business Type Professional/Office Mixed Retail Professional Service Food Service

County Pasquotank

New Construction N

Property Type Commercial Sale

In City Limits? (Y/N) Y

HOA N

Attached Garage N

Subdivision Name N/A

Garage Y/N N

Status Active

Directions from Elizabeth St Turn on MLK Turn on E Colonial left building right down on the left

City Elizabeth City

Lot Size Units Acres

Lot Size Square Feet 9148.0

Carport Y/N N

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Considered Y/N N

Availability Date 2025-09-09

Structure Type Wood Frame

Standard Status Active

Tax Assessed Value 238600

Legal Description see Deed info

Interior

Basement None

Flooring Laminate Vinyl Wood

Water Heater None

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Total Baths 0

Exterior

Exterior Finish Brick Vinyl Siding

Parking Features Public Parking Lot Gravel Off Street

Water Source Public

Lot Size Area 0.21

Foundation Details Crawl Space

Spa N

Building Area Total 0

Lot Dimensions Driveway in back that exits to McMorrine

Lot Size Acres 0.21

Road Surface Type Paved

Waterfront Y/N N

Road Frontage Type Private Road City Street State Road Paved

Crops Included Y/N N

Horse Y/N N

Internal Only

Street Number 1 412

* Excluded Features

List By

Dawn Young

Listing Agent

Asher Re Llc

Broker

dawnyoungsells@gmail.com

Affordability Calculator

$3,254

Per Month

Monthly Principal & Interest: $2,994
Monthly Property Taxes: $260
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 Elizabeth City, NC

Average List Price ^$938,105

Percent of Sale Price 95%

About Elizabeth City, NC

40,916 Population

17% Since 2002

^$46,148 Median Income

37.29 Median Age

30% 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
10/22/2025	$479,900	-4.00%	Price Down
9/13/2025	$499,900		Listed Price

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412 E Colonial Avenue, Elizabeth City, NC, 27909 is a Commercial Property for sale at $479,900 with a lot size of 0.21. 412 E Colonial Avenue was built in 1907. The property's zip code is 27909 which is in Elizabeth City, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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412 E Colonial Avenue

Commercial Property for sale in Elizabeth City, NC

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