Kinston, NC 28501,550 N East ST
Kinston, NC 28501,550 N East ST
Kinston, NC 28501,550 N East ST
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$499,000
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6,434 SqFt
Active

550 N East ST Kinston, NC 28501

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,434 sqft

Price per Sqft $77

Subdivision Not In Subdivision

MLS Listing ID 100537038

Year Built 1966

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 239.3x136.6x98.8x28.7x147x120.9 ft

Source Hive MLS

Property Description

Supermarket for Sale: Exceptional Investment Opportunity in Kinston, NC
Prime Location, Ample Parking, Two Extra Lots Included

Located just minutes from downtown Kinston, NC, this grocery store offers an excellent investment with high visibility and easy accessibility. The property includes a spacious parking area that accommodates both regular customers and truckers, ensuring maximum convenience. Two adjacent lots—560 N East St (PID10984) and 319 E Washington Ave (PID9799)—come with the sale, providing outstanding potential for expansion or alternative development. The store is fully equipped and has some inventory on hand, making it ready for immediate takeover. All current inventory and equipment will transfer to the new owner at closing. Please note, the property does require some TLC, presenting a great opportunity for value enhancement.

Location

State NC

County Lenoir

Community Not In Subdivision

Zoning I 1

Direction Head east on W Vernon Ave (US-70-BR/US-258-BR), until you reach the stop light at near Grainger Stadium. Turn right onto N East St. Go for four blocks and Henderson's Food Center in on the right.

Interior

Heating Heat Pump, Electric, Forced Air

Cooling Heat Pump

Exterior

Parking Features Parking Lot, Asphalt, Lighted, Paved

Utilities Available Electricity Connected

Roof Type Metal,Flat

Building

Lot Description Level, Corner Lot

Foundation Slab

Water Public

New Construction No

Others

Tax ID 452515540637

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by 1st Class Real Estate Legacy Partners

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David Frost

David Frost

Team Leader | Agent | License ID: 278232

+1(910) 670-1554

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550 N East ST