For Sale
$1,350,000

1309 Old Cherry Point RdNew Bern, NC 28560

16,752 SF, 3 Buildings, Bank Owned

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional bank-owned property, located at 1309 Old Cherry Point Road in New Bern, North Carolina, presents a unique investment opportunity. Spanning 2.22 acres, the property comprises three buildings totaling 16,752 square feet, offering a versatile mix of warehouse, flex, and retail space. The main warehouse building boasts 14,400 square feet with 12-foot ceiling heights, six overhead doors, concrete floors, and existing office and restroom facilities. A separate 2,352-square-foot, two-story mixed-use building features a ground-floor shop space with a garage door and a second-floor residential area with two bedrooms and a bathroom. Additionally, a 5,400-square-foot greenhouse is included, although it requires a new membrane. The property also includes a fenced, partially graveled storage lot. Conveniently situated just over the bridge from New Bern in James City, this location offers easy access to US-70 (future I-42). The absence of zoning restrictions allows for a wide range of potential uses, including retail, manufacturing, warehousing, and distribution. The property is outside city limits, resulting in only county taxes. The asking price is $1,350,000, translating to $80.59 per square foot. This property offers significant potential for expansion and on-site storage, making it an attractive investment for various business ventures. The property's APN is 7-012-094.

Highlights

  • Easy access to US-70 (future I-42).
  • Near downtown New Bern, NC, but enjoys a non-city location.
  • Expansion potential and on-site storage space available.
  • Multiple spaces ready for tenant improvements.
  • Extensive parking.
  • Unrestricted zoning permits diverse uses.

Property Details for 1309 Old Cherry Point Rd

Property type
Warehouses, Retail properties
Square Feet
16,752 SF
Buildings
3
Lot Size (sq. ft)
96,703 SF

Location Insight

City
New Bern
County
Craven
State
North Carolina
Latitude
35.0761199
Longitude
-77.0271427
1309 Old Cherry Point Rd, New Bern, North Carolina

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1309 Old Cherry Point Rd
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