$1,750,000

10 Dewitt Street, Jacksonville, NC 28540

  • 4,925 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1967
  • Property Lot Size Icon0.94acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $355/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

10 Dewitt Street, Jacksonville, NC Approx. 4,900 SQFT | Mixed-Use Office & Salon Suites | Strong Cash Flow | Fully Metered Buildings An exceptional opportunity for investors seeking a stabilized, low-maintenance asset in the heart of Jacksonville. This mixed-use property features a combination of office and salon suite spaces with long-term tenants and minimal vacancy. The property currently produces approximately $9,775 per month in gross rents (~$117K annually) with room for additional upside through incremental rent growth or light re-tenanting. Comprising multiple freestanding buildings totaling nearly 4,900 square feet, each structure is individually metered for utilities, ensuring simple expense allocation and low overhead. Extensive capital improvements have been completed in recent years, greatly reducing ongoing maintenance needs and positioning the property for durable cash flow. Recent improvements include: Building 2: New HVAC system, every suite plumbed for salon use, individual exhaust fans, washer & dryer installed, new vapor barrier and crawl-space insulation. Building 4: Each suite plumbed and vented with exhaust fans; insulation and vapor barrier upgraded in crawl space. Building 8: New HVAC system, vapor barrier, and insulation. Building 10: Vapor barrier, insulation, and new sump pump installation. Parking lot fully rehabbed, plus many other small repairs and improvements throughout the property. With all major systems recently addressed, potential for multi-year leases to be put in place, and individually metered utilities, this property offers steady income and strong returns in a growing Eastern North Carolina market. Ideally situated near Camp Lejeune, major retail corridors, and established residential neighborhoods, 10 Dewitt Street provides the stability, flexibility, and performance investors seek in today's market.

Listing Status:
Active
Listing Office:
eXp Realty :
MLS ID:
100535247
  • Heating: Electric
  • Originating MLS: Hive MLS
  • County: Onslow
  • Zoning: CCONSLOW DR NORTHWOODS PRO PLAZA417-24.1
  • Source: Hive MLS

This listing courtesy of eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Northwoods Elementary School

617 Henderson Dr, Jacksonville, NC, 28540

Grades KG-5

0.66 miles away

N

New Bridge Middle School

401 New Bridge St, Jacksonville, NC, 28540

Grades 6-8

1.03 miles away

J

Jacksonville High School

1021 Henderson Dr, Jacksonville, NC, 28540

Grades 9-12

1.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.