500 E Colonial Avenue, Elizabeth City, NC 27909
$315,000
Property Type:
Comm Sale or Lease
Square Footage:
9,000
Lot Size (sq. ft.):
7,841
Status:
Active
Current Price:
$315,000
List Date:
10/02/2025
Last Modified:
12/17/2025
Description
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.
More Information MLS# 100533879
Building/Ext Features
Lot Acres: 0.18
Lot SqFt: 7841
Lot Dimensions: 81 x 97 x 82 x 100
Location Type: Mainland
Contract Info
Delayed Marketing?: No
Garage: Masterlock
Sale/Lease: Sale
List Price/SqFt: 35
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2025-10-02
Listing Price: 315000
Current Price: $315,000
Location Information
City Limits: Yes
Street #: 500
Pre Direction: E
Street Name: Colonial
Street Suffix: Avenue
County: Pasquotank
State/Province: NC
Zip Code: 27909
Subdivision: None
Geo Lat: 36.300857
Geo Lon: -76.220953
Remarks and Showing
Sign on Property: Yes
Directions to Property: 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.
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 342600
Deed Book: 1465
Deed Page: 1
Legal: 891308990745
Broker Owner: No
PID: 891308990745
Tax Identifier: 891308990745
Plat Book: 69
Plat Page: 39
Special Assessments: 0
Tax Year: 2024
Zoning: CB
HOA: No
Cobra Zone: No
Year Built: 1946
Business Type
Mixed: 1
Commercial: 1
Other: 1
Professional Service: 1
Current Use
Vacant: 1
Basement
None: 1
Construction
Block: 1
Current Service Providers
Electric Provider: City of Elizabeth City
Trash Provider: City of Elizabeth City
Water Provider: City of Elizabeth City
Exterior Finish
Brick: 1
Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
SBA: 1
Foundation
Slab: 1
Flooring
Tile: 1
Parking Features
Street Only: 1
Sale/Lease Includes
Buildings: 1
Roof
Membrane: 1
Lot Description
Corner Lot: 1
Road Type/Frontage
Paved: 1
Public (City/Cty/St): 1
Cooling
Central Air: 1
Other: 1
Location
Corner: 1
Gen Bus District: 1
Heating
Other: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Electricity Connected: 1
Phone Available: 1
Water Source
Municipal Water: 1
Public: 1
Sewer
Municipal Sewer: 1
BuildingExt Features
SqFt - Heated (Primary): 9000
Property Features
Business Type: Mixed; Commercial; Other; Professional Service
Basement: None
Construction: Block
Exterior Finish: Brick
Flooring: Tile
Foundation: Slab
Parking Features: Street Only
Roof: Membrane
Lot Description: Corner Lot
Current Use: Vacant
Location: Corner; Gen Bus District
Cooling: Central Air; Other
Heating: Other
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Electricity Connected; Phone Available
Sewer: Municipal Sewer
Water Source: Municipal Water; Public; Public
Terms: 1031 Exchange; Cash; Conventional; SBA
Listing Office:
Berkshire Hathaway HomeServices RW Towne Realty/Moyock
IDX
Last Updated: December - 17 - 2025
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