603 W Vernon Avenue Kinston, NC ^$ 599,000

603 W Vernon Avenue

^$ 599,000

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603 W Vernon Avenue

Kinston, NC, 28501

^$ 599,000

Studio Baths0.0 Sq 3,103

Monthly Estimate*

^$ 3,981

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View a Virtual Tour

Studio

Commercial Property for sale in Kinston, NC

for $599,000. This 3,103 square foot building was built in 1980 on a lot size of 0.96.

Investment opportunity!! Building only for sale. Tenant has been in place since 2004. Contact agent for more details. Original lease expired in 2016 but has four --(5) year options. Lease runs through 2036. Tenant paying $55,680 annually. Owner pays taxes and insurance. Tenant responsible for all utilities and maintenance for anything related to HVAC and equipment inside. Owner responsible for roof. Roof installed in 2011. Building insurance is $2,300 annually.

Commercial Active

Price

^$ 599,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,319

Style

Lot Size

0.96

Year Built

1980

Town/City

Kinston

County/Region

Lenoir

MLS | Web ID

100351694

Features

General

Possession At Closing

Zoning B1

New Construction No

Subdivision Not In Subdivision

County Lenoir

Stipulation of Sale None

Property Type G

HOA No

Terms Cash Conventional

Auction No

Tax Year 2021

Status Active

Lot Sqft 41818.00

Days on Market 589

City Limits Yes

Year Built 1980

City Kinston

Virtual Tour https://www.propertypanorama.com/instaview/ncrmls/100351694

Location Type Mainland

Street Name Vernon

Exterior

Lot Dimensions +-219x199x218x195

Lot Acres 0.96

* Excluded Features

List By

NATHAN PERRY

Listing Agent

Nathan Perry Realty Llc

Broker

nathan@nathanperryrealty.com

Affordability Calculator

$4,591

Per Month

Monthly Principal & Interest: $3,981
Monthly Property Taxes: $610
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Kinston, NC

Average List Price ^$410,470

Percent of Sale Price 31%

About Kinston, NC

19,440 Population

-19% Since 2002

^$31,927 Median Income

43.35 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3960720 Elementary School

3960847 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/4/2023	$599,000	-7.85%	Price Down
2/21/2023	$650,000	-5.66%	Price Down
10/11/2022	$689,000		Listed Price

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603 W Vernon Avenue, Kinston, NC, 28501 is a Commercial Property for sale at $599,000 with 3,103 sqft and a lot size of 0.96. 603 W Vernon Avenue is a studio with 0.0 baths and was built in 1980. The property's zip code is 28501 which is in Kinston, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Copyright 2019 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

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603 W Vernon Avenue

Commercial Property for sale in Kinston, NC

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