• 910-346-8218 | Jacksonville NC and the greater Eastern North Carolina area

    910-346-8218 | Jacksonville NC and the greater Eastern North Carolina area
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Office Space in Eastern NC

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Price: $1,675,000
MLS Number: 100409407
Year Built: 1903
Square Footage: 4855
Acres: 0.08
Listing Date: Oct 12, 2023
Sale or Lease: Sale
Pages: 1
1
500 Arendell Street, Morehead City
$1,675,000
MLS Number:
100409407
Built:
1903
Sq Ft:
4855
Listing Date:
Oct 12, 2023
Historic Downton Morehead City Bed & Breakfast,On the Crystal Coast with Panoramic Water Viewsand Unlimited Possibilities for Expansion... This is a unique opportunity to acquire a solid income-producing building, originally built in 1904, as the ''Tide Water and Power Building''. Redesigned, re-engineered, repurposed, meticulously restored, and rebuilt since 2004, as a ''Fortified Structure'' (capable of withstanding a CAT 5 Forces). The building has been engineered and built for multiple floor additions up to 70 ft, with 5 more rental units and event space already planned. The building has two, 2 car garages for off-street parking, as well as ample street parking on two sides. There are three residential living spaces within the building making it the perfect owner-occupied Bed & Breakfast opportunity. The rental and event income possibilities are extensive. Location - Location - Location on the corner of N 5th Street and Arendell St. (Hwy 70 West), overlooking the historic waterfront Business District, and within walking distance to some of the best premier restaurants, bars, shops, boutiques, and the famous fishing fleets of the Crystal Coast.Downtown Morehead City is a vibrant destination that offers something for everyone. From its charming streets lined with unique shops and boutiques to its picturesque waterfront, there are plenty of reasons to visit, experience, enjoy living, and doing business in the magic of a growing Downtown Morehead City:
Address: 500 Arendell Street
City: Morehead City
State: NC
Zip: 28557
Area: Not In Subdivision
Lot Size: 0.08 acres
Property Type: Commercial
Sub Type: Bed and Breakfast,Business Service,Commercial,Mixed Use,Professional Service
Sale or Lease: Sale
Heating: Forced Air,Heat Pump
Cooling: Central,Heat Pump
Listing Office: Keller Williams Crystal Coast

Office Space in Eastern NC

Our real estate firm has a home office in Jacksonville, North Carolina and is recognized for its top-notch knowledge and professionalism in the local business market. For more than 20 years, Ray Properties has been a top choice for individuals seeking office space in Eastern NC or other parts of coastal North Carolina.

Thanks to our vast knowledge of the regional real estate market, our real estate firm enjoys a great standing and success in the region.

Office Space In Eastern NC

Ray Properties’ Expertise

When it comes to finding office space in coastal North Carolina, there are few real estate firms that can match the knowledge and expertise of Ray Properties. We have spent over two decades perfecting our skills in commercial property, and this devotion has paid off. The company is now recognized as a reliable and successful real estate firm in the region. One of the factors that distinguishes our company from all other real estate firms in the area is our focus on picking out properties with immense upside. We are experts at locating properties that meet specific criteria such as high growth potential, attractive locations, strong local economies, and properties with attractive financing options. The company’s extensive knowledge of the coastal area and real estate market is a significant factor in our success.

Ray Properties understands that coastal North Carolina is in constant transition as a result of many people moving to the area yearly. As the population swells, so does the real estate industry. Consequently, Ray Properties has kept up with this demand as we have been able to meet the needs of businesses looking to move into the area to provied the goods and services that the expanding population needs. Ray Properties’ entrepreneurial nature and fine-tuned solutions have enabled Ray Properties to create substantial value while meeting the needs of our clients.

With the increasing attention being paid to environmental conservation, many firms are looking to lease or buy commercial properties that have sustainable and eco-friendly features. The company is at the forefront of these eco-friendly projects, as we help businesses find green and sustainable properties to fit their needs. This is a crucial factor that has made the company an industry leader.

 

Successful Commercial Projects

Ray Properties aided in many accomplished real estate projects located in coastal North Carolina. For example, Ray Properties assisted with the creation of a thriving mall located in Wilmington, which houses a variety of businesses, including Harris Teeter, Beauty Express, T.J.Maxx, and Michaels, to mention a few. Thanks to Ray Properties’ keen eye for potential, the mall was taken to even greater heights and is now an perfect hub for commerce businesses.

Another successful project that Ray Properties helped create was the Logistics Park in Brunswick County. This business destination is suitable for manufacturing companies, warehouses, and other infrastructure-oriented enterprises owing to its 273 acres. Ray Properties ensured that the infrastructure is of world-class quality with convenient rail and shipping access.

Office Space In Eastern NC

You Can Rely On Ray Properties

Ray Properties’ experience in handling office space in Eastern NC has enabled several businesses to relocate and benefit from the area’s expanding business environment. The firm’s dedication to building strong connections with businesses and stakeholders has assisted in nurturing trust and assuring reliability inside the property domain of the area.

With an thorough comprehension of the coastal North Carolina property market, Ray Properties remains helpful enterprises in finding the ideal fit for company’s business real estate.

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