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1237 N Road Street
Elizabeth City, NC 27909 · Pasquotank County
$899,000
- 1.24 Acre Lot
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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
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
Tax & Assessment
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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.



