4727 Arendell Street, Morehead City, NC 28557 (MLS# 100029338)

4727 Arendell Street, Morehead City, NC 28557

$1,500,000

Property Type: Comm Sale or Lease Square Footage: 15,516 Lot Size (sq. ft.): 91,999 Status: Closed

Current Price: $1,500,000 List Date: 9/09/2016 Last Modified: 1/16/2020

Overview

Description

Multitenant property located on the corner of Arendell Street and Mansville Parkway. Fully leased investment property. Excellent investment opportunity in a growth area. Nine units including two out parcel buildings. The 3 buildings having approximately 15,077 square feet. Unit 4727 was built in 1981 units 4737 and 4747 was built in 2007. Off Street parking 65+ parking spaces corner lot high traffic count. Tenants include a bank, professional offices, and retail. Excellent Cap Rate. Financial information available.

Listing Details MLS# 100029338

Contract Info

Marketing Start Date: 2016-09-09
Auction: No
Listing Price: 1700000
List Price/SqFt: 109.56
Stipulation of Sale: Standard

Location Information

Street #: 4727
Street Name: Arendell
Street Suffix: Street
County: Carteret
State/Province: NC
Zip Code: 28557
City Limits: Yes
Marketing City: Morehead City
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: Corner Arendell and Mansfield Parkway in Morehead City NC
Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 15516

Legal and Taxes

Tax Assessed Value: 1388038
Deed Book: 1247
Deed Page: 65
Legal: LOTS 1-21 & PT LOTS 22,23 & 24 MOREHEAD BLUFFS
PID: 636615542879000
Tax Identifier: 6366.15.54.2879000
Plat Book: 1247
Plat Page: 65
Special Assessments: none
Tax Year: 2015
Year Built: 2007
Zoning: CH
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: No
Flood Zone: No

More Information

Status Change Info

Under Contract Date: 2016-12-01
Sold Date: 2016-12-29

Current Service Providers

Electric Provider: Duke Progress Energy
Sewer Provider: City/Town
Water Provider: City/Town

Financial Info

Financial Info: Yes

Property Features

Business Type: Professional/Office; Retail; Shopping Center Construction: Concrete; Wood Frame; Metal Fab Exterior Finish: Composition; Glass; Steel Siding; Wood Siding Foundation: Raised; Slab Parking Features: Off Street; On Site; Paved Roof: Metal Lot Description: Corner Lot Location: Corner; Freestanding; Shopping Center Cooling: Central Air Heating: Forced Air Sewer: Municipal Sewer Water Source: Public Terms: Cash Lease Types: Full Service; Modified

IDX

Listing Office: Beaufort Realty

Last Updated: January - 16 - 2020

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