Commercial

550 East Street, Kinston

$499,000

  • Listing ID #: 100537038
  • Status: Active
  • Address: 550 East Street, Kinston, NC 28501
  • Date Listed: 10/20/2025
  • Days on Market: 331
  • Acres: 0.5
  • Stipulations: Standard
  • Subdivision: Not In Subdivision

Location Location

Agent Comments Agent Comments
Supermarket for Sale: Exceptional Investment Opportunity in Kinston, NC Prime Location, Ample Parking, Two Extra Lots Included Located just minutes from downtown Kinston, NC, this grocery store offers an excellent investment with high visibility and easy accessibility. The property includes a spacious parking area that accommodates both regular customers and truckers, ensuring maximum convenience. Two adjacent lots—560 N East St (PID10984) and 319 E Washington Ave (PID9799)—come with the sale, providing outstanding potential for expansion or alternative development. The store is fully equipped and has some inventory on hand, making it ready for immediate takeover. All current inventory and equipment will transfer to the new owner at closing. Please note, the property does require some TLC, presenting a great opportunity for value enhancement.

Additional Features Additional Features
  • County: Lenoir
  • Days on Market: 331
  • Pool: No
  • Year Built: 1966
  • Property Type: Commercial

Financial Financial
  • Short Sale: Standard

Interior Features Interior Features
  • Heat System: Heat Pump, Electric, Forced Air
  • Basement Description: None

Exterior Features Exterior Features
  • Fuel Tanks: None
  • Parking: Parking Lot, Asphalt, Lighted, Paved
  • Roof: Metal,Flat
  • Is New Construction: No
  • Foundation: Slab

Location Location
  • Street Number: 550
  • County: Lenoir
  • Latitude: 35.265791
  • Longitude: -77.576088
  • Subdivision: Not In Subdivision

Listed by: Beatrice D Murray from 1st Class Real Estate Legacy Partners.