550 N East St, Kinston, NC 28501

$499,000

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List Price
$499,000
Status
ACTIVE
MLS#
100537038
Price Change
▼ $151,000 1762469930
Days on Market
282
Year Built
1966
Acres
0.50
Neighborhood
Not In Subdivision

Property Description

Supermarket for Sale: Exceptional Investment Opportunity in Kinston, NC Prime Location, Ample Parking, Two Extra Lots Included Located just minutes from downtown Kinston, NC, this grocery store offers an excellent investment with high visibility and easy accessibility. The property includes a spacious parking area that accommodates both regular customers and truckers, ensuring maximum convenience. Two adjacent lots—560 N East St (PID10984) and 319 E Washington Ave (PID9799)—come with the sale, providing outstanding potential for expansion or alternative development. The store is fully equipped and has some inventory on hand, making it ready for immediate takeover. All current inventory and equipment will transfer to the new owner at closing. Please note, the property does require some TLC, presenting a great opportunity for value enhancement.

Additional Information

Cooling
Heat Pump
Heating
Heat Pump, Electric, Forced Air
Foundation
Slab
Roof
Metal, Flat
Lot Information
Level, Corner Lot
Utilities
Electricity Available
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of 1st Class Real Estate Legacy Partners.

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