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1237 N Road Street

Elizabeth City, NC 27909 · Pasquotank County

$899,000

35 days on market · $266/sq ft

  • 1.24 ac
  • built 2006
  • 1.24 Acre Lot

About This Property

Corner location QSR restaurant building built in 2006 across from College of the Albemarle (3,000 students) for sale or for lease with recent significant price reduction. Previously Arby's and Captain D's, this building is +/-3,380 sq ft on a 1.24AC lot at the corner of North Road Street and Jennings Drive with a curb cut on both roads. 36 parking spaces, drive thru, mature oak trees and bushes make up the landscaping, enclosed double dumpster corral, natural gas connected. Inside features a wood lined vaulted ceiling, large dining room, 4', 5', and 7' hoods, ice maker, soda machine with ice maker, ice cream machine, walk in cooler, walk in freezer, fryer, warming table, counter height fridge, dessert fridge 2 Rinnai tankless hah's, and more. $899k sale price, $60k/yr NNN lease rate with TICAM estimated at $30,030 per year.

Property Details

SubdivisionN/A
TypeBusiness
Lot Size1.240 acres
Year Built2006
WaterfrontNo
Parcel891402796029

Location

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Drive from this home

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

HeatingHeat Pump, Natural Gas
CoolingCentral Air
RoofFlat
AppliancesTankless Water Heater
ParkingPrivate, Parking Lot, Lighted, On Site, Paved

Tax & Assessment

Assessed Value$1,017,100
Annual Tax$13,043 (2023)
Monthly Tax Est.$1,087/mo

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MLS# 100607191 · HIVE MLS via SourceRE · Last updated: October 1, 2026 at 8:02 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.

Listing Details