501 N Carolina 118
Retail | 11,361 SqFt
Marketing description
Rare opportunity to acquire both the real estate and operating business at 501 NC-118 in Grifton, North Carolina. Currently operating as Food Pride of Grifton, this established neighborhood grocery store serves as a longstanding community anchor with strong visibility along NC-118 and a loyal, repeat customer base.
This turn-key offering provides investors or owner-operators with immediate income potential through an established operating business while also offering long-term real estate value. The property’s flexible layout supports continued grocery operations or potential conversion to other retail, specialty market, or service-oriented uses.
Strategically located in Pitt County with convenient access to Greenville, Kinston, and Eastern North Carolina, the site benefits from steady local traffic, strong community presence, and excellent regional connectivity within approximately one hour of Raleigh.
Investment highlights
Investment Highlights:
• Real Estate & Business Included in Sale
• ±11,361 SF Retail / Grocery Building
• ±1.17 Acre Site
• Established “Food Pride of Grifton” Business
• Inventory & Fixtures Valued at Approximately ±$450,000
• Strong Existing Customer Base & Consistent Foot Traffic
• Flexible Layout for Grocery, Retail, or Service Uses
• Approximately 30 Parking Spaces
• Parking Ratio: ±3.54 Spaces per 1,000 SF
• Excellent Visibility Along NC-118
• Convenient Access to Greenville, Kinston & Raleigh Markets
• Turn-Key Investment with Immediate Cash Flow Potential
This is an exceptional opportunity to acquire an established business and commercial asset with operational infrastructure already in place in a growing Eastern North Carolina market. Contact broker for financials, additional information, or to schedule a private tour.
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