Commercial Sale at 412 E Colonial Avenue, Elizabeth City, NC 27909
Survey - 412 E Colonial Avenue, Elizabeth City, NC 27909
Own private parking downtown - 412 E Colonial Avenue, Elizabeth City, NC 27909
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Downstairs - 412 E Colonial Avenue, Elizabeth City, NC 27909
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garage - 412 E Colonial Avenue, Elizabeth City, NC 27909
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Garage - 412 E Colonial Avenue, Elizabeth City, NC 27909
Vision for the downstairs - 412 E Colonial Avenue, Elizabeth City, NC 27909
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walking distance to the water - 412 E Colonial Avenue, Elizabeth City, NC 27909
Downtown Waterfront - 412 E Colonial Avenue, Elizabeth City, NC 27909
downtown - 412 E Colonial Avenue, Elizabeth City, NC 27909
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property behind the garage. - 412 E Colonial Avenue, Elizabeth City, NC 27909
garage - 412 E Colonial Avenue, Elizabeth City, NC 27909
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42 photos

$410,000

412 E Colonial Avenue, Elizabeth City, NC 27909
Elizabeth City, NC 27909
Listed by Dawn Young · Asher RE LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1907

About this home

This highly visible and accessible space offers an excellent opportunity for entrepreneurs and established businesses alike. Ideal location for retail, restaurant, cafe, boutique, office space, specialty shop or apartments. The layout is flexible for multiple business types. There's a garage in the rear and driveway/parking behind the building. Driveway exits to McMorrine Street. Walking distance to the waterfront. First and second floor of this versatile property is demoed. Tax credit is offered once the property is conforming. Apx Sq Ft: First floor 1676.74, Second floor 2378.08 and the garage is 1292.52

Property details

MLS
Hive MLS
MLS #
100562972
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
207
On market date
March 27, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.21 acres
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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
J C Sawyer Elementary
0.95 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
379
Student:teacher ratio
15.8:1
District
Elizabeth City-Pasquotank Public Schools
Middle
Elizabeth City Middle
5.42 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
555
Student:teacher ratio
15.4:1
District
Elizabeth City-Pasquotank Public Schools
High
Pasquotank County High
5.35 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
601
Student:teacher ratio
14.0:1
District
Elizabeth City-Pasquotank Public Schools

Walkability

Blended score for Elizabeth City'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.

63
Walkable
out of 100
EPA National Walkability Index
12.5 / 20 -- Above average walkable

Market position

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

On the market 207 days -- 62 more days than Elizabeth City's current average of 145 days.
For reference, the median list price across 294 active listings in Elizabeth City right now is $302,450.

Mortgage calculator

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

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Est. monthly payment
$2,619/mo
$82,000 down
$328,000 loan
Principal & interest$2,127
Property tax (est.)$342
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 10 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.