Active
104 W Main Street
Elizabeth City, NC 27909 · Pasquotank County
$599,000
Was $650,000
- Price Reduced
- Historic Built 1900
- 2 Fireplaces
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About This Home
Rare Mixed-Use Downtown Opportunity - Completely Turnkey!
This unique mixed-use property presents a rare opportunity to own an iconic downtown commercial restaurant space complete with attached residential accommodations, established short-term rental income, and additional third-floor living or development potential.
Located in the heart of downtown, this fully turnkey property features an established commercial restaurant on the main level with seating for 48 guests, offering strong visibility, charm, and operational flexibility. Designed for a seamless transition, the restaurant is positioned for an owner-operator, investor, or hospitality entrepreneur ready to step into an existing downtown destination.
The second floor currently operates as a successful income-producing Airbnb, generating exceptional supplemental revenue while offering attractive live/work or investment flexibility.
Adding even greater value, the third floor presents exciting opportunities for expanded living space, owner's quarters, luxury suite, creative studio, additional short-term rental accommodations, or future development potential.
Combining commercial success, residential versatility, proven income streams, and expansion opportunity, this rare downtown property is a truly exceptional turnkey investment and lifestyle opportunity ready for its next chapter.
Price History
- Original list price$650,000
- Current list price$599,000Reduced by $51,000
Property Details
Location
Directions to this home (opens in a new tab)Drive from this home
- Hospital ERSentara Albemarle Medical CenterElizabeth City (directions from this home, opens in a new tab)
- GroceryFood Lion (Towne Square)Elizabeth City (directions from this home, opens in a new tab)
- Walmart / TargetWalmart SupercenterElizabeth City (directions from this home, opens in a new tab)
- BeachVirginia Beach oceanfrontVirginia Beach (directions from this home, opens in a new tab)
Destinations verified Nov 1, 2026. Directions open in your maps app.
Coastal county Building, additions and shoreline work here can need a CAMA permit and setbacks. Check the flood zone, an elevation certificate and an insurance quote before you make an offer. CAMA permits, from the NC Division of Coastal Management →
Interior & Exterior
Interior Features
Schools
Assignments as entered by the listing agent; confirm with the school district. Each school's results: NC School Report Cards.
Monthly Costs
$3,912/mo estimated
Includes principal and interest, property tax and homeowners insurance, with 20% down at 6.75% for 30 years.
Adjust the numbers
- Principal and interest
- $3,108
- Pasquotank County tax + City of Elizabeth City
- $629
- Homeowners insurance (estimate)
- $175
- PMI (under 20% down)
- $0
- Estimated monthly
- $3,912
Tax computed from the Pasquotank County rate and the City of Elizabeth City rate per $100 of value. Rate FY2026-27, verified Aug 9, 2026. Flood insurance is not included; get a quote for this address. An estimate, not a loan offer.
Similar homes nearby
Active$599,000$173/sq ft0 ba·0.16 ac104 W Main Street, Elizabeth City, NC 27909
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Active$599,000$235/sq ft4 bd·3 ba·2,550 sq ft·10.00 ac580 Ownley Road, Elizabeth City, NC 27909Year Built: 2026
MLS# 100578207 · HIVE MLS via SourceRE · Last updated: September 25, 2026 at 3:54 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.
