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701 Hodges St - Large Corner Lot - Zoned for Mixed-Use

0.15 Acres of Commercial Land Offered at £155,708 in Oriental, NC 28571

Investment Highlights

  • Corner Lot
  • Steps from a charming harbor village & boat/dock access
  • Near the Riverfront

Executive Summary

Located on a large corner lot on a beautiful tree-lined street, steps from the water. The land is surrounded by turn-of-the-century homes, making it a perfect location for a new home or a new multi-unit development .
Zoned for Mixed Use, the lot itself has one existing structure - a building formerly used as the Icehouse for the nearby fishery. This structure is one of the last commercial buildings that used to dot this this “fisherman’s village”. A neighborhood wherein the residents who lived in the homes also worked in the boats and fisheries nearby.
A charming village with multiple restaurants and shops is only steps away. The village surrounds an expansive harbor which offers dockage and boat rental. Want a Clean Slate? No Problem! We are offering an alternate listing price of $250,000 which includes demolition / clearing of the land.

Attachments

Approved Town Home BTR Package
Approved Town Home BTR Package

Property Facts

Price £155,708
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Single Family Residence
Total Lot Size 0.15 AC

1 Lot Available

Lot

Price £155,708
Price Per AC £1,043,483
Lot Size 0.15 AC

Large Corner Lot in residential neighborhood. Zoned for Mixed Use - could be residential or commercial. Structure currently on property - we can demo/clear for an added cost of $50K

Description

Large corner lot. Located in a residential neighborhood. The property itself is "water-side" as it's steps away from the Neuse riverfront (see the satellite image in photos). The lot itself contains one existing structure - a former Icehouse for the local fishery. The Icehouse is not currently in-use. The structure itself is in good shape and could easily be repurposed or used once again. There is a large loading dock on the Hodges side of the building. Because it is surrounded by residences, we believe this to be a perfect piece of land for a new home, an apartment community. Because of this, we are offering an alternative price of $250,000 which would include demolition and clear of the property. Lot Dimensions are 165 x 96 x 168 x 95

zoning

Zoning Code MU-1 (The property is zoned as MU-1. Mixed-Use zoning allows for the development of whatever you can imagine: retail, hospitality, residential and education)
MU-1 (The property is zoned as MU-1. Mixed-Use zoning allows for the development of whatever you can imagine: retail, hospitality, residential and education)
  • Listing ID: 33367989

  • Date on Market: 09/09/2024

  • Last Updated:

  • Address: 701 Hodges St, Oriental, NC 28571

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