Kinston Enterprise Center | 327 N Queen St
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
thank you
Your email has been sent!
Kinston Enterprise Center 327 N Queen St
26,581 SF 78% Leased Office Building Kinston, NC 28501 $695,317 CAD ($26 CAD/SF)
Executive Summary
Office building for sale in Downtown Kinston, includes 28 offices, a loading dock, freight and passenger elevators, a conference room, storage rooms and other amenities. Current tenants have short term leases in place. There are some vacancies that could be occupied by an owner occupant. Formerly a Sears Department Store, the building was remodeled into a small business incubator in 2003 to stimulate economic development in the downtown Municipal Service District. The incubator component of the redevelopment restrictions for this property expired in 2021. During the past 20 years of operating as such, we saw other businesses arrive and building rehabilitations take place downtown. Those include the Kinston Community Health Center, Tands/Bojangles headquarters, Realo Drugs, The O'Neal Hotel, The 1903 building, Art 105, the Community Council for the Arts, and the CSS Neuse Museum to name only a very few.
Financial Summary (Actual - 2022) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
26,581 SF
Building Class
C
Year Built/Renovated
1901/2003
Price
$695,317 CAD
Price Per SF
$26 CAD
Percent Leased
78%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,290 SF
Slab To Slab
15’
Building FAR
1.88
Land Acres
0.32 AC
Zoning
B-2 - Downtown Business District
Amenities
- Conferencing Facility
- Security System
- Signage
1 of 1
Walk Score ®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 452555336860 | Improvements Assessment | $1,173,591 CAD (2024) |
| Land Assessment | $22,292 CAD (2024) | Total Assessment | $1,195,883 CAD (2024) |
PROPERTY TAXES
Parcel Number
452555336860
Land Assessment
$22,292 CAD (2024)
Improvements Assessment
$1,173,591 CAD (2024)
Total Assessment
$1,195,883 CAD (2024)
-
Jess Edwards -
Kinston Realty Group
(252) 526-0401
x25
1 of 40
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Kinston Enterprise Center | 327 N Queen St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.