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16647427
19309744

1309 Old Cherry Point Rd, New Bern, NC 28560

Inner Banks Properties
Listed by Inner Banks Properties
$1,150,000
811 days on market
Updated 48 days ago

1309 Old Cherry Point Road

Details
APN 7-012-094
Property Type Industrial, Mixed Use (+2)
Sub Type Distribution, Flex (+1)
Square Footage 16,752
Tenancy Vacant
Price per SqFt $69
Broker Co-Op Yes
Year Built Multiple
Buildings 3
Acreage 2.220
Zoning None
Ceiling Height 12
Sale Condition Bank owned foreclosure

Warehouse/Greenhouse/Retail/Flex | 3 Buildings | 16,792 SF

Marketing description

1309 Old Cherry Point Rd most recently was the New Bern Farm & Garden and Landscaping store. The property is located just over the bridge from New Bern in James City and has convenient access to US-70 (future I-42). Consists of 2.22 acres and 16,752 sf of improvements leaving lots of room for expansion or on-site storage. This property is outside of city limits so only county tax applies. The property is just outside New Bern city limits, and because Craven County does not have comprehensive zoning regulations, this allows for liberal flexibility in the type of use here. In addition to retail, hospitality & multi-family, the property would also support distribution, light industrial, warehousing etc.

  • 1309 Old Cherry Point Road (7-012-094) is 2.22 acres and consists of a warehouse building, mixed use building and greenhouse buildings. There is also a level and cleared storage lot behind the main warehouse building that is partially graveled and fully enclosed with chain link security fencing.

    • Warehouse: 14,400 sf with current ceiling heights of 12’ to the bottom of the HVAC duct work in the main part of the building. Current build out includes (2) public restrooms, (1) private restroom, (2) offices and a storage room. These improvements utilize 1,400 sf leaving 13,000 sf of open space. Concrete floors throughout. There are (6) overhead doors in the building.

    • Mixed use building: 2,352 sf two story. Ground floor is 1,344 sf and has most recently been used as a small engine repair shop. It has a garage bay with an 8’x8’ garage door. 2nd floor is a residential space occupying 1,008 sf. It has (1) ¾ bath, 2 bed rooms, combined kitchen, and laundry, dining room and living room. Accessed by exterior metal staircase.

    • Greenhouse: 5,400 sf needs new membrane. Includes propane heater and air movers (unknown condition).

Investment highlights

  • Convenient to US-70 (future I-42)

  • Close to downtown New Bern, NC but outside of city limits

  • Room for expansion or onsite storage

  • Multiple improvements ready for upfit

  • Ample parking

  • No zoning allowing for a wide range of uses

Listing Contacts

Inner Banks Properties
Listed by Inner Banks Properties

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