334 / 348 S Washington ST Active Save Request In-Person Tour Request Virtual Tour
Rocky Mount,NC 27801
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 20,677 sqft
Price per Sqft $53
Subdivision Not In Subdivision
MLS Listing ID 100419570
HOA Y/N Yes
Originating Board North Carolina Regional MLS
Year Built 1910
Annual Tax Amount $5,715
Lot Size 0.682 Acres
Acres 0.68
Lot Dimensions 255 x 110
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).
Location
State NC
County Edgecombe
Community Not In Subdivision
Zoning B4
Direction From Hwy 64 (Future 1-87) and Atlantic Ave-take Atlantic Ave South to Hill St--Rt on Hill St To S Washington, Left on S Washington. From Hwy 64(Future I-87) and E Raleigh Blvd, take E Raleigh Blvd towards Downtown to Hill St, make a right on Hill St, Hill To S Washington, left on S Washington
Rooms
Basement Finished - No,Other
Interior
Flooring Concrete,Wood
Exterior
Parking Features Parking Lot,Additional Parking,Other,Paved
Utilities Available Electricity Connected,City Water,Natural Gas Connected
Roof Type Flat
Building
Lot Description Level,Corner Lot
Foundation Slab
Sewer Municipal Sewer
Water Municipal Water
New Construction No
Others
Tax ID 375968379500
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None