Rocky Mount, NC 27801,348 S Washington ST
Rocky Mount, NC 27801,348 S Washington ST
Rocky Mount, NC 27801,348 S Washington ST
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$950,000
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33,000 SqFt
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348 S Washington ST Rocky Mount, NC 27801

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 33,000 sqft

Price per Sqft $28

Subdivision Not In Subdivision

MLS Listing ID 100550337

HOA Y/N Yes

Year Built 1910

Lot Size 0.680 Acres

Acres 0.68

Lot Dimensions 255 x 110

Source Hive MLS

Property Description

Redevelopment and Zoning Ordinance: -Offers mixed-use development opportunity, with the assumption a minimum of (2) floors are upfitted for residential units. The current zoning ordinance confirms both commercial and residential usage.

-Grant Funding: Based on the city's current qualifications for downtown projects, this building has an estimated qualification of grant funding totaling $850,000. Buyer should consult RMT City for qualifications.

-Historic Tax Credits: Eligible for both federal and state tax credits, total amount is based on development design and qualified real estate expenses (reference IRS guidelines). Buyer should consult professional tax consultant on qualifications.

Walking distance to Edge Community Bio Tech Ctr--walking distance to RMT Event Ctr, Close to RMT Public Transportation Ctr (Amtrak Station-City Bus Transit).

Location

State NC

County Edgecombe

Community Not In Subdivision

Zoning B4

Direction From Hwy 64 (future I-87) take the Atlantic Ave Exit S. towards downtown (Central City) to Hill St, Rt on Hill St, Left on S Washington. Proceed two blocks--building at the Corner of S Washington and Battle St

Rooms

Basement Other, Unfinished

Interior

Flooring Concrete, Wood

Exterior

Parking Features Parking Lot, Additional Parking, Other, Paved

Utilities Available Natural Gas Connected, Water Available, Electricity Available2

Amenities Available None

Roof Type Wood Joists/Truss,Steel Joists/Truss,Membrane,Flat

Building

Lot Description Level, Corner Lot

Foundation Slab

Water Public, Public2

New Construction No

Others

Tax ID 3759683789500

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Century 21 Sterling Combs

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348 S Washington ST