INNOVATE Real Estate
Business at 122 W 5th Street, Washington, NC 27889
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81 photos

$148,500

122 W 5th Street, Washington, NC 27889
Washington, NC 27889
Listed by Jay Martin · The Rich Company
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1930

About this home

Wonderful and affordable and MOVE-IN ready commercial space in the heart of Washington. This 'house' is zoned commercial B-2 for retail or office uses AND with a business operating on the first floor new owners can opt to have residential space upstairs as well which has four potential offices or bedrooms and a full bathroom. This solid and substantial building has wood floors throughout, and updated HVAC and plumbing and electrical. It features a full kitchen and washer dryer and tankless water heater. There is ample off street parking and a fenced in rear yard. The property also features a covered full width front porch and a spacious deck out back with access off of the downstairs conference room or great room space. Location, location location - this property has wonderful drive by traffic on fifth street and is only 5 blocks from the river!

Property details

MLS
Hive MLS
MLS #
100607629
Property type
Business
Subdivision
Not In Subdivision
Status
Active
Days on market
23
On market date
October 1, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
6
Lot size
0.12 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Eastern Elementary
0.99 mi away · Grades -1-1
Nearest school -- attendance-zone data not available here
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
460
Student:teacher ratio
12.1:1
District
Beaufort County Schools
Middle
P S Jones Middle
3.76 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
750
Student:teacher ratio
15.3:1
District
Beaufort County Schools
High
Washington High
2.3 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
826
Student:teacher ratio
15.0:1
District
Beaufort County Schools

Walkability

Blended score for Washington's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

57
Somewhat walkable
out of 100
EPA National Walkability Index
11.3 / 20 -- Above average walkable

Market position

How this listing compares to current activity in Washington, from live MLS data.

On the market 23 days -- 154 fewer days than Washington's current average of 177 days.
For reference, the median list price across 188 active listings in Washington right now is $289,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$1,044/mo
$29,700 down
$118,800 loan
Principal & interest$771
Property tax (est.)$124
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.