501 NC-118 - Retail FOR SALE


Grifton, NC 28530
$1,900,000 USD
919-302-3298
501 NC-118, Grifton, NC for Sale
$1,900,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

NEW


501 NC-118
Grifton, NC 28530


HIGHLIGHTS

  • Building Size: ±11,361 SF
  • Parking for ~30 vehicles, approximately 3.54 spaces per 1,000 SF
  • Market Strength: Established local customer base and steady foot traffic

OVERVIEW

Rare opportunity to acquire both real estate and business at 501 NC-118 in Grifton, NC. Currently operating as Food Pride of Grifton, this established neighborhood grocery store serves as a community anchor with excellent visibility along NC-118. The property features a flexible layout ideal for grocery, retail, or service-oriented operations, and the included business provides immediate income for investors or owner-operators. Located in Pitt County, within reach of Greenville and Kinston, this site benefits from steady local traffic and a loyal customer base. With the business included in the sale, this property is a true turn-key investment offering strong cash flow potential and long-term value.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Grocery / Retail Opportunity – Heart of Easte

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CBD

APN/PARCEL ID

4953

ASK ABOUT THIS PROPERTY

Pat FlanaganCentury 21 Commercial Triangle GroupMore Info
919-302-3298

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Pat FlanaganCentury 21 Commercial Triangle GroupMore Info
919-302-3298

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