Property
Elizabeth City, NC 27909 100 Water Street
$5,000
16 more
Presented By: Alex Rich with Rich Company
Home Details
Exciting opportunity to lease the iconic downtown Rochelle Cleaners building in downtown Elizabeth City, which is within a Qualified Opportunity Zone! The uniquely designed building is 3,404 total sq ft with +/-3,011 interior sq ft and it sits on a 4,952 sq ft corner lot. Landlords have recently replaced the roof and gutted the interior to make way for Tenant's desired build out, or the stunning restaurant plans their architect laid out which are included in the attachments. Restaurant plans include bar w/18 bar seats, 60 interior seats at 18 tables, and 68 exterior seats at 17 tables on the 1,531 sq ft nation in front, as well as kitchen, 2 ADA toilets, walk-in, dish room, etc.. Asking rate of $5,000 per month triple net is if Tenant qualifies for a long term lease and Landlord covers build out. Price could be lower for a less costly office/retail/gallery build out. Build out is subject to approval by the NC State Historic Preservation Office. Since it is an adaptive reuse project and the interior is already demolished, any proposed floor plan will be approved without issue. However, we foresee being able to make very few changes to the exterior. The building has been accepted into the NC Dry Cleaning Solvent CleanUp Act Program.
Presented By: Alex Rich with Rich Company
Interior Features for 100 Water Street
Other Interior Features
SqFt - Apx Total3404.00
AtticNo Access
BasementNone
FlooringConcrete, Slate
List Price/SqFt1.66
General for 100 Water Street
C & I FeaturesADA Compliant
CityElizabeth City
City LimitsYes
Cobra ZoneYes
ConstructionBrick/Stone, Concrete
CoolingCentral
CountyPasquotank
Days on Market28
Deposit5000.00
Geo Lat36.299401
Geo Lon-76.218575
HOANo
HOA and Neigh AmenitiesBoat Dock, Sidewalk, Street Lights, Boat Slip - Not Assign
HeatingGas Pack
Lease FrequencyMonthly
Lease TermsSee Remarks
Listing Member NameAlex Rich
LocationCent Business District, Historic District, Corner
Location TypeMainland
Lot Sqft4952.00
New ConstructionNo
Number of Units1
PossessionSee Remarks
Property TypeG
RoofMembrane
Sale/LeaseLease
Sale/Lease IncludesBuildings
Special AssessmentsN/A
StatusActive
Stipulation of SaleNone
Street NameWater
Sub-TypeBusiness Service, Office, Retail, Professional Service, Food Service, Commercial
SubdivisionN/A
Tax Assessed Value139500.00
Tax Year2022
Tenant PaysAll Utilities, Taxes, Liability Insurance, Interior Building Maintenance, Insurance
UtilitiesCity Water, Municipal Sewer, Natural Gas Connected
Year Built1930
ZoningCB
current useCommercial, Vacant
Exterior for 100 Water Street
Exterior FinishBrick, Stucco, Glass
FoundationSlab
Lot Acres0.11
Lot DescriptionCorner Lot
Lot Dimensions65' X 75'
Lot Water FeatureSecond Row
MLS Identifier20150918160742258811000000
Road Type/Frontage2 - 3 Lanes, Paved, Public (City/Cty/St)
SqFt - Total Available3404.00
View TypeRiver View
Additional Details
Price History
Brian Inskip
North Carolina Coastal Real Estate Expert