13881 NC-55, Bayboro, NC 28515

UPDATE (12/5) -- Pamlico County has released an extensive Incentive Grant program.

Full document outlining all details is posted in the Documents section of this listing. Grant Eligibility Requirements are posted at the bottom of this listing

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See MLS ID# 100499379 for additional information. Call Neuse Commercial Solutions at Neuse Realty - Phil Wells (252) 474-4356 or Margaret Rose (252) 633-4888- to answer any questions or set up a showing

Build to Suit in this newer, customizable Shell Building! Highly visible location in the heart of Pamlico County! Near County Courthouse, Schools, Shopping, Restaurants Parks and more:

• This growing stretch of 5 lane state highway is a pass through for thousands of sailors, fishermen and tourists traveling between New Bern and Oriental throughout the year, as well as a central shopping and socializing area for area residents.

• 7000 sf showroom features concrete floors, high ceilings

• Additional 1000-1300 sf space in the back features restrooms, employee/break room, and warehouse

• Lots of room for outdoor displays or up to 45-60 parking spaces. Build to Suit

• Minimal Flood RIsk: Zone X

• Lease considered: $13-18 per sf depending on type (N, NN, NNN)

• Additional Features:

  • LED Floor Lighting

  • Security Cameras and Monitors convey (not tested)

  • 4 HVAC units installed and working plus pads and wiring for 4 additional HVAC units

  • Former Retail/Grocery building is set up to quickly install refrigeration/freezer units

  • Large, Elevated, Wired Roadside Signpost

  • Tinted Front Windows/Entry; Power Sliding Doors Entry

  • Secure one way doors in the rear

  • Commercial Wiring Panels

  • Floors in excellent condition

  • High Ceilings
    

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PAMLICO COUNTY INCENTIVE GRANT PROGRAM

-- Full Document is in DOCUMENTS Section of this Listing --

The incentive grant program is designed to promote capital investment and job creation in Pamlico County. Incentive grants are offered over a period and vary in amount. The amount of a grant depends upon the amount of investment, job creation, wages, whether the business is existing or new, whether it is a headquarters, and whether it complements existing businesses. Other factors such as industry sector, long-term growth potential, and indirect economic impact may be considered.

INCENTIVE GRANT ELIGIBILITY REQUIREMENTS:

-- Businesses applying for grants must make a net new taxable investment in Pamlico County. Taxable investment includes real and personal property (machinery and equipment). The current real and personal property value will be deducted to calculate net new investment. New equipment will be depreciated on a standard schedule to calculate taxable investment. The minimum net new taxable investment shall be at least $500,000.00 over the grant period for new or existing employers. However, the Pamlico County Board of Commissioners reserves the right to consider investments below $500,000.00.

-- Businesses accepting this incentive grant shall create at least three (3) full-time new jobs, defined as 35 hours or more per week, within the agreed-upon grant period. Employees classified as temporary and independent contractors do not qualify.

-- For new and existing companies locating or expanding in Pamlico County, the average wage of the new jobs must be at or greater than the average county weekly wage.

-- Principals or Businesses receiving a grant from Pamlico County must not owe any Federal, State, or Local state taxes to be eligible to receive payment during the grant period.