W 203 North Street, Kinston, NC 28501

$499,900 Asking Price

2 beds
3 baths
4,201  sqft
Built in 1935

What an opportunity to own a historic landmark of Kinston!! This building has residential/commercial space and is in the heart of Downtown Kinston! The building is located on a busy corner lot in the business district and the sale includes 2 separate land parcels. Parcel 11501 will convey with a successful offer on 300 N. Herritage Street. 203 W. North Street is the address for the upstairs apartment, 300 N. Herritage Street is the downstairs commercial space and Parcel 11501 is the additional land and storage that will convey. The possibilities are endless at 300 N. Herritage Street. There is +-2,000 square feet downstairs of commercial space that has the potential for many different businesses!! It is currently set up with several offices, meeting rooms and a bathroom. The upstairs and downstairs each have Updates that include New Roof, HVAC, Electrical, Windows and Plumbing to name a few. All updates have been completed since 2020. Also installed was a 480 3-Phase power transformer. Downstairs business section has store frontage on 2 sides that includes a rollup door on North Street side. The door is 10X10 and stainless with full glass paneling. Run your business downstairs and live upstairs or Airbnb and Lease!! The second floor has +-2,200 hsf with 2 full bathrooms, spacious open areas for entertaining with large windows overlooking the downtown area. Upstairs also contains laundry room, full kitchen and all with wood flooring throughout, and its own dedicated electrical panel. This space also includes a new Galaxy Freight Lift making it easy to skip the stairs and load your heavy personal items. The new freight lift is located within the historically original shaft space as the Otis Freight Lift that was operated for decades by Parrott Brothers. Also see the newly installed tankless hot water heater as well. 203 W. North Street offers great opportunity for expansion. There is a metal carport and a large storage building to store your items.


Features & Amenities

Interior

General:
Apt/Suite,Kitchen Island,Mud Room,Pantry,Walk-in Shower
Flooring:
Concrete,Wood
A/C:
Central
Heating:
Heat Pump, Electric

Construction

Roofing:
Flat

Location

County:
Lenoir

Lot

Zoning:
B2, Additive America apartments upstrairs, 452563239540

This listing courtesy of:
Nathan Perry Realty LLC

About Kinston, NC

Housing

Number of Units
18,785
Median Home Value
$97,150
Median Rent
$476

44.17% of housing units are renter occupied.

14.47% are vacant.

Commute

Car
93.37%
Public Transportation
0.56%
Walk to Work
1.44%
Work from Home
3.93%
Other
0.21%

The median travel time to work is 21 minutes.

People

Population
37,775
Median Age
44.40
Median Household Size
2.49

Education

High School
30.54%
Associate’s Degree
11.48%
Bachelor’s Degree
11.92%
Graduate Degree
5.10%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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