550 N East ST Active

Kinston,NC 28501

$ 650000

- Bed

0 Bath

6434 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,434 sqft

Price per Sqft $101

Subdivision Not In Subdivision

MLS Listing ID 100537038

Year Built 1966

Annual Tax Amount $2,165

Lot Size 0.500 Acres

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.

All offers will be considered.

Location

State NC

County Lenoir

Community Not In Subdivision

Zoning I 1

Interior

Heating Heat Pump,Electric,Forced Air

Exterior

Parking Features Parking Lot,Asphalt,Lighted,Paved

Utilities Available Electricity Connected

Roof Type Metal,Flat

Building

Lot Description Level,Corner Lot

Foundation Slab

Sewer Municipal Sewer

Water Municipal Water

New Construction No

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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