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29402651
29402652

501 NC-118, Grifton, NC 28530 For Sale

JC
NC 312455
Century 21 Triangle Group - Flanagan CRE Team
PF
NC 295126
Century 21 Triangle Group - Flanagan CRE Team
Listed by Century 21 Triangle Group - Flanagan CRE Team
$1,800,000
174 days on market
Updated 60 days ago

Grocery / Retail Opportunity – Heart of Eastern NC

Details
Property Type Mixed Use, Retail
Sub Type Grocery Store
Square Footage 11,361
Net Rentable (SqFt) 11,361
Units 1
Class A
Year Built 1975
Buildings 1
Stories 1
Acreage 1.170
Zoning CBD
Investment Type Owner/User
Occupancy Date 11/01/2025

Prime 11,361 SF grocery/retail property on 1.17 acres with high visibility and value-add potential.

Marketing description

Rare opportunity to acquire both real estate and business at 501 NC-118 in Grifton, NC. Currently operating as Food Pride of Grifton, this established neighborhood grocery store serves as a community anchor with excellent visibility along NC-118. The property features a flexible layout ideal for grocery, retail, or service-oriented operations, and the included business provides immediate income for investors or owner-operators. Located in Pitt County, within reach of Greenville and Kinston, this site benefits from steady local traffic and a loyal customer base. With the business included in the sale, this property is a true turn-key investment offering strong cash flow potential and long-term value.

Investment highlights

Highlights

  • Building Size: ±11,361 SF

  • Lot Size: ±1.17 acres

  • Inventory & Fixtures: ±$450,000

  • Market Strength: Established local customer base and steady foot traffic

  • Versatility: Ideal for continued grocery operations or other retail uses

  • Parking for ~30 vehicles, approximately 3.54 spaces per 1,000 SF

  • Location Advantage: Excellent regional access within one hour of Raleigh

Listing Contacts

JC
NC 312455
Century 21 Triangle Group - Flanagan CRE Team
PF
NC 295126
Century 21 Triangle Group - Flanagan CRE Team
Listed by Century 21 Triangle Group - Flanagan CRE Team

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Additional Information

Name
Jose Cruz
License
312455
Brokerage Phone
9842398452
Name
Pat Flanagan
License
295126
Brokerage
Century 21 Triangle Group
Brokerage Phone
9193023298
Title
Commercial Broker
Brokerage Address
1111 Haynes Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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