Commercial

1237 Road Street, Elizabeth City

$899,000

  • Listing ID #: 100607191
  • Status: Active
  • Address: 1237 Road Street, Elizabeth City, NC 27909
  • Date Listed: 9/30/2026
  • Days on Market: 0
  • Acres: 1.24
  • Stipulations: Standard
  • Subdivision: N/A

Location Location

Agent Comments Agent Comments
Corner location QSR restaurant building built in 2006 across from College of the Albemarle (3,000 students) for sale or for lease with recent significant price reduction. Previously Arby's and Captain D's, this building is +/-3,380 sq ft on a 1.24AC lot at the corner of North Road Street and Jennings Drive with a curb cut on both roads. 36 parking spaces, drive thru, mature oak trees and bushes make up the landscaping, enclosed double dumpster corral, natural gas connected. Inside features a wood lined vaulted ceiling, large dining room, 4', 5', and 7' hoods, ice maker, soda machine with ice maker, ice cream machine, walk in cooler, walk in freezer, fryer, warming table, counter height fridge, dessert fridge 2 Rinnai tankless hah's, and more. $899k sale price, $60k/yr NNN lease rate with TICAM estimated at $30,030 per year.

Additional Features Additional Features
  • County: Pasquotank
  • Days on Market: 0
  • Pool: No
  • Year Built: 2006
  • Property Type: Commercial

Financial Financial
  • Short Sale: Standard

Interior Features Interior Features
  • Heat System: Heat Pump, Natural Gas
  • Basement Description: None

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

Location Location
  • Street Number: 1237
  • County: Pasquotank
  • Latitude: 36.326235
  • Longitude: -76.224018
  • Subdivision: N/A

Listed by: Alex Rich from Rich Company.