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
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.
More Information MLS# 100029338
Building/Ext Features
# of Parking Spaces: 65
# of Units: 9
Lot Acres: 2.11
Lot SqFt: 91999
Lot Dimensions: 351x373x178x265
Location Type: Mainland
Contract Info
Auction: No
List Price/SqFt: 109.56
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2016-09-09
Listing Price: 1700000
Current Price: $1,500,000
Location Information
City Limits: Yes
Marketing City: Morehead City
Secondary Subdivision: N/A
Street #: 4727
Street Name: Arendell
Street Suffix: Street
County: Carteret
State/Province: NC
Zip Code: 28557
Subdivision: Not In Subdivision
Geo Lat: 34.732254
Geo Lon: -76.785193
Remarks and Showing
Sign on Property: No
Directions to Property: Corner Arendell and Mansfield Parkway in Morehead City NC
Building Info
New Construction: No
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
Zoning: CH
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: No
Flood Zone: No
Year Built: 2007
Business Type
Professional/Office: 1
Retail: 1
Shopping Center: 1
Construction
Concrete: 1
Wood Frame: 1
Metal Fab: 1
Current Service Providers
Electric Provider: Duke Progress Energy
Sewer Provider: City/Town
Water Provider: City/Town
Exterior Finish
Composition: 1
Glass: 1
Steel Siding: 1
Wood Siding: 1
Terms
Cash: 1
Foundation
Raised: 1
Slab: 1
Parking Features
Off Street: 1
On Site: 1
Paved: 1
Sale/Lease Includes
Buildings: 1
Roof
Metal: 1
Lot Description
Corner Lot: 1
Road Type/Frontage
4+ Lanes: 1
Maintained: 1
Public (City/Cty/St): 1
Road/Trans Access
Airport: 16+ Miles
County Highway: Less than 5 Miles
Interstate: 16+ Miles
Port: Less than 5 Miles
Rail: Less than 5 Miles
State Highway: Less than 5 Miles
Cooling
Central Air: 1
Location
Corner: 1
Freestanding: 1
Shopping Center: 1
Heating
Forced Air: 1
Water Source
Public: 1
Sewer
Municipal Sewer: 1
Financial Info
Financial Info: Yes
Lease Types
Full Service: 1
Modified: 1
BuildingExt Features
SqFt - Heated (Primary): 15516
Status Change Info
Under Contract Date: 2016-12-01
Sold Price: $1,500,000
Sold Date: 2016-12-29
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; Public
Terms: Cash
Lease Types: Full Service; Modified
Listing Office:
Beaufort Realty
IDX
Last Updated: January - 16 - 2020
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