This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

937 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Selig's Jewelers Building 513 E Main St

4 Unit Apartment Building $459,000 ($114,750/Unit) Elizabeth City, NC 27909

Apartment Buildings North Carolina Elizabeth City 513 E Main St, Elizabeth City, NC 27909

Investment Highlights

  • Very attractive facade
  • Upgraded roof
  • Ample space
  • Historic Building on the Registry
  • Ready for development
  • Renovation potential

Executive Summary

Iconic Downtown EC's Selig's building was built in 1927 and has one of the most ornate facades in town. Building is currently 4,611 square feet (83' deep 26' wide)with 15' ceiling height on the first floor and 11'6"-12'6" second floor ceiling height. 2,158 square feet per floor with a 295 sq ft boiler room on the back of first floor. Seller had plans drawn up in 2023 show ability to have 4773 sq ft of area possible by putting a 2nd story on the boiler room. Building was purchased in 2022 with plans to renovate into 675 sf of 1st floor retail with a 2br 1,591 sf apartment in the rear of the 1st floor, redo the existing +/- 520 sf 1br apartment on the front of the 2nd floor and build out a new 1,987 sf 2br apartment in the rear of 2nd floor. Owners have gutted both floors. New rubber membrane roof was installed in 2010.

Attachments

513 E Main Street floor plan 2023
513 E Main Street tax card 2024
513 E Main Street MLS page scanned
513 E Main Street full plans

Property Facts

Price $459,000 Building Class B
Price Per Unit $114,750 Lot Size 0.05 AC
Sale Type Investment Building Size 4,611 SF
Sale Conditions Building in Shell Condition No. Stories 2
No. Units 4 Year Built/Renovated 1927/2023
Property Type Multifamily Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Price $459,000
Price Per Unit $114,750
Sale Type Investment
Sale Conditions Building in Shell Condition
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class B
Lot Size 0.05 AC
Building Size 4,611 SF
No. Stories 2
Year Built/Renovated 1927/2023
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Air Conditioning

Site Amenities

  • Vintage Building

Links

1 of 1
Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 891308990384 Improvements Assessment $0
Land Assessment $0 Total Assessment $241,600

PROPERTY TAXES

Parcel Number
891308990384
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$241,600

zoning

Zoning Code Central Business (Allows majority of commercial and residential uses.)
Central Business (Allows majority of commercial and residential uses.)
(252) 256-1279

Contact

  • Listing ID: 34007133

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 513 E Main St, Elizabeth City, NC 27909

1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/2
513 E Main St, Elizabeth City, NC for sale Building Photo- Image 1 of 2
Building Photo

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Selig's Jewelers Building | 513 E Main St
(252) 256-1279 x

Selig's Jewelers Building | 513 E Main St

Alex Rich

(252) 256-1279

(252) 256-1279

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link