4525 US 264 Hwy W - Light Distribution FOR SALE


Washington, NC 27889
$2,500,000 USD
984-239-8452
4525 US 264 Hwy W, Washington, NC for Sale
$2,500,000 USD
Light Distribution - FOR SALE
1/9
null | Request Cap Rate

4525 US 264 Hwy W
Washington, NC 27889


HIGHLIGHTS

  • High visibility with 22,000 VPD
  • Updated wifi throughout
  • Owner-User or Investment Opportunity – Flexible configuration supports a wide range of commercial uses
  • 200+ Parking Spaces – Exceptional parking capacity for customers, employees, or fleet operations

OVERVIEW

Exceptional owner-user or investment opportunity along the highly traveled US Highway 264 corridor in Washington, NC.? Situated on approximately 4 acres, this versatile retail/flex property offers excellent visibility, exposure to 22,000+ vehicles per day, and 200+ parking spaces. The property features a flexible layout suitable for retail, showroom, office, warehouse, service, distribution, and specialty commercial uses.? More than $1.5 million in infrastructure improvements have been completed, along with commercial-grade Wi-Fi, AV-ready stations, and a 12,000± SF expansion pad providing significant future growth potential. Existing occupancy provides current income while maintaining flexibility for future owner occupancy or repositioning.? Month-to-month arrangements allow a purchaser to transition the property for its own operations, retain income-producing space, or create a combination of both. With B-2/B Commercial zoning, substantial parking, highway exposure, existing infrastructure, and expansion capability, this property offers a rare combination of functionality, flexibility, and long-term upside in Eastern North Carolina.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

US 264 Retail Flex Center

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Freestanding, Garden Center, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

4.69

LAND SF

204,296

ZONING

B2/B

APN/PARCEL ID

5667-17-9468,5667-27-0708

ASK ABOUT THIS PROPERTY

Jose CruzCentury 21 Commercial Triangle GroupMore Info
984-239-8452

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Jose CruzCentury 21 Commercial Triangle GroupMore Info
984-239-8452

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.