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500 E Colonial Avenue Elizabeth City, NC $ 315,000
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$ 315,000 Get more info
500 E Colonial Avenue
$ 315,000
Back to search
Share Save

500 E Colonial Avenue

Elizabeth City, NC, 27909
$ 315,000
Bedrooms-- Baths-- Sq 9,000

Monthly Estimate*

$ 1,940

500 E Colonial Avenue, Elizabeth City, NC 27909 - Image 1
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Commercial Property for sale in Elizabeth City, NC

for $315,000. This 9,000 square foot building was built in 1946 on a lot size of 0.18.

Looking to expand your current business? Or searching for an investment property? Maybe a star-up business! own a piece of history in the vibrant and evolving downtown Elizabeth City! There are endless opportunities with this unique property located just 2 blocks from the Intra Coastal Waterway! This property is full of history, once the famous Center Theatre and the legendary world renowned pool player, Whimpy Lassiter. Bring you vision to life and make your business address 500 E Colonial Ave.

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Commercial Active

Price

$ 315,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial Sale

Lot Size

0.18

Year Built

1946

Town/City

Elizabeth City

County/Region

Pasquotank

MLS | Web ID

100533879
Features
General
Heating Other Electric
Cooling Other Central Air
Utilities Electricity Connected Phone Available
Possession Close Of Escrow At Closing
Roof Membrane
Zoning CB
Construction Materials Block Brick
Year Built 1946
Tax Year 2024
Current Use Vacant
Location Corner Gen Bus District
Parcel Number 891308990745
Business Type Mixed Commercial Professional Service Other
County Pasquotank
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Directions Hughes Blvd. To Colonial Ave property is on the corner of McMorrine and E Colonial Ave. Main Street to McMorrine Right on E Colonial Ave.
City Elizabeth City
Lot Size Units Acres
Lot Size Square Feet 7841.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Showing Instructions Appt Required Call Listing Agent Lockbox
Home Warranty Y/N N
Lease Considered Y/N N
Standard Status Active
Tax Assessed Value 342600
Legal Description 891308990745
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Interior
Basement None
Flooring Tile
Water Heater Electric
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
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Exterior
Exterior Finish Brick
Parking Features On Street
Lot Features Corner Lot
Water Source Public Public2
Lot Size Area 0.18
Foundation Details Slab
Spa N
Building Area Total 9000
Lot Dimensions 81 x 97 x 82 x 100
Lot Size Acres 0.18
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 500
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* Excluded Features
List By
The Morrisette Group

Listing Agent

Berkshire Hathaway Homeservices Rw Towne Realty/Moyock

Broker

dmorrisette@rwtowne.com

Email

Affordability Calculator

$1,940
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,940
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3960720 Elementary School
3960847 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/17/2025$315,000 -21.05% Price Down
10/2/2025$399,000 Listed Price

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500 E Colonial Avenue, Elizabeth City, NC, 27909 is a Commercial Property for sale at $315,000 with 9,000 sqft and a lot size of 0.18. 500 E Colonial Avenue was built in 1946. The property's zip code is 27909 which is in Elizabeth City, NC

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