Rocky Mount, NC 27801,334 /348 S Washington ST
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Rocky Mount, NC 27801,334 /348 S Washington ST
Rocky Mount, NC 27801,334 /348 S Washington ST
Rocky Mount, NC 27801,334 /348 S Washington ST
Rocky Mount, NC 27801,334 /348 S Washington ST
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Lanier Property Group Team

Lanier Property Group Team

+1(910) 398-4304
$ 950,000
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Active Under Contract

334 /348 S Washington ST Rocky Mount, NC 27801

33,000 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 33,000 sqft

Price per Sqft $28

Subdivision Not In Subdivision

MLS Listing ID 100484610

HOA Y/N Yes

Year Built 1910

Annual Tax Amount $5,715

Lot Size 0.680 Acres

Acres 0.68

Lot Dimensions 255 x 110

Source Hive MLS

Property Description

Redevelopment and Zoning Ordinance: -Offers mixed-use development opportunity, with the assumption a minimum of (2) floors are upfitted for residential units. The current zoning ordinance confirms both commercial and residential usage.

-Grant Funding: Based on the city's current qualifications for downtown projects, this building has an estimated qualification of grant funding totaling $850,000. Buyer should consult RMT City for qualifications.

-Historic Tax Credits: Eligible for both federal and state tax credits, total amount is based on development design and qualified real estate expenses (reference IRS guidelines). Buyer should consult professional tax consultant on qualifications.

Walking distance to Edge Community Bio Tech Ctr--walking distance to RMT Event Ctr, Close to RMT Public Transportation Ctr (Amtrak Station-City Bus Transit).

Location

State NC

County Edgecombe

Community Not In Subdivision

Zoning B4

Direction For Hwy 64 (Future I-87

Rooms

Basement Other, Unfinished

Interior

Flooring Concrete, Wood

Exterior

Parking Features Parking Lot, Additional Parking, Other, Paved

Utilities Available Natural Gas Connected, Water Available, Electricity Connected

Amenities Available No Amenities

Roof Type Flat

Building

Lot Description Level, Corner Lot

Foundation Slab

Sewer Municipal Sewer

Water Public, Municipal Water

New Construction No

Others

Tax ID 375968379500

Acceptable Financing Cash

Listing Terms Cash


Hive MLS / (NCRMLS) / Cape Fear Realtors
Listed by Century 21 Sterling Combs
agent

Lanier Property Group Team

Broker | License ID: 273505

+1(910) 398-4304

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334 /348 S Washington ST