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334 / 348 S Washington Street

Rocky Mount, NC 27801
  • $1,100,000
  • STATUS: Active
  • ON SITE: 348 Days
  • MLS #: 100419570
UPDATED: 24 min ago
$1,100,000
  • 0
    BEDS
  • 0.68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 20,677
    SQFT
  • $53
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Description

Redevelopment and Zoning Ordinance: -Offers mixed-use development opportunity, with the assumption a minimum of (2) floors are upfitted for residential units. The current zoning ordinance confirms both commercial and residential usage. -Grant Funding: Based on the city's current qualifications for downtown projects, this building has an estimated qualification of grant funding totaling $850,000. Buyer should consult RMT City for qualifications.-Historic Tax Credits: Eligible for both federal and state tax credits, total amount is based on development design and qualified real estate expenses (reference IRS guidelines). Buyer should consult professional tax consultant on qualifications.Walking distance to Edge Community Bio Tech Ctr--walking distance to RMT Event Ctr, Close to RMT Public Transportation Ctr (Amtrak Station-City Bus Transit).

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Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-12-05T18:07:11.14.
www.bailey-basnightrealestate.com/homes/146208239
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334 / 348 S Washington Street Rocky Mount, NC 27801

  • Price: $1,100,000
  • Status: Active
  • On Site: 348 Days
  • Updated: 24 min ago
  • MLS #: 100419570
0
Beds
0
Baths
0
½ Baths
0.68
Acres
20,677
SQFT
$53
$/SQFT
1910
Built
Neighborhood:
Not In Subdivision
County:
Edgecombe
Area:
Rocky Mount
Property Description
Redevelopment and Zoning Ordinance: -Offers mixed-use development opportunity, with the assumption a minimum of (2) floors are upfitted for residential units. The current zoning ordinance confirms both commercial and residential usage. -Grant Funding: Based on the city's current qualifications for downtown projects, this building has an estimated qualification of grant funding totaling $850,000. Buyer should consult RMT City for qualifications.-Historic Tax Credits: Eligible for both federal and state tax credits, total amount is based on development design and qualified real estate expenses (reference IRS guidelines). Buyer should consult professional tax consultant on qualifications.Walking distance to Edge Community Bio Tech Ctr--walking distance to RMT Event Ctr, Close to RMT Public Transportation Ctr (Amtrak Station-City Bus Transit).
Exterior Features

Construction Brick/StoneConcrete Exterior Finish Brick Veneer Foundation Slab Location Cent Business DistrictHistoric District Location Type Mainland Lot Description Corner LotLevel Lot Dimensions 255 x 110 Parking Driveway Additional ParkingPavedParking LotOther Road Type Frontage Public (City/Cty/St) Roof Flat

Interior Features

Basement Finished - NoOther Flooring ConcreteWood Sq Ft Apx Total 53795.00

Property Features

Airport Less than 5 Miles City Limits Yes Cobra Zone No Commercial Features Overhead Doors Commercial Sub Type Building SupplyCommercialWarehouseBusiness Service Current Use1 Vacant Electric Provider City of Rocky Mount Fuel Tank None Hoa Amenities No Amenities Hoa YN Yes Interstate Less than 5 Miles New Construction No Possession At Closing Property Taxes 5715.86 Rail Less than 5 Miles Sale Lease Includes Buildings Sale Or Lease Sale Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2023 Terms Cash Water Provider Rocky Mount Water Sewer City WaterMunicipal SewerNatural Gas ConnectedMunicipal WaterElectricity Connected Zoning B4



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of Max Avent of Century 21 Sterling Combs: .


Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-12-05T18:07:11.14.
 
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