Date
Details
Price
Change
Source
8/26/2025
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$475,000
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Property Description
Incredible opportunity to own this 3-story building built in 1885 by Jerome Flora that has only been owned by two families since being built 140 years ago. At the corner of Water and Fearing Streets with direct views of the Pasquotank River. +/- 1,820 sq ft per floor for a total of 5,460 sq ft. Under the unfortunate addition of vinyl siding is original brick exterior and there were more than 26 original segmented windows leasing 6'5'' tall by 3' wide that have been blocked in with cinderblocks. The second and third floor each have 4 windows facing the River & Water Street, six windows per floor facing Fearing Street, two windows facing Poindexter in the rear, and six windows can be added to the third floor facing Main Street with HPC approval. Ceiling heights of 11' on the first floor and 10' on the second and third floors. Stairs to access second and third floors and freight elevator in unknown condition. Tenant on first floor pays $700/month on a month to month lease. Pitched heavy duty rubber membrane roof is approximately 10 years old.
Full Property Details
Full Property Details for 117 S Water St
General
- Price: $475,000
- Taxes: $1,599 (2022)
- Status: Active
- Type: Commercial Service
- Source: 2253
- MLS ID: 100524099
- Updated: 5/13/2026
- Added to Site: 263 day(s) ago
Business
- Business Type: Mixed, Bed & Breakfast, Retail, Commercial, Other, Food
Interior
- Flooring: Concrete, Wood
Parking
- Parking Features: Public, On Street
Location
- County: Pasquotank
- Subdivision: N/A
- Driving Directions: Downtown waterfront on the corner of Water & Fearing Streets.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Water Available, Electricity Connected
Structural Information
- Construction: Brick, Vinyl Siding
- Roof: Membrane
- Ceiling Type: 1011
- Square Feet: 1,820
- Current Bldg. Use: Retail, Commercial, retail
- Year Built: 1885
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,786
- Lot Dimensions: 26'7'' by 71'9''
- Frontage: 2 - 3 Lanes
- Lot Features: See Remarks, Corner Lot
- Zoning: CB
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $260.99
- For Sale/Rent/Lease: Sale
- Assessment Amount: $132,200
- Tax Amount: $1,599.62
- Tax Year: 2022
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Fee Simple, Jerome Flora
- Property ID: 891308993145
Listed by Rich Company, Alex Rich
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Listing agent
— 117 S Water St —
Alex Rich
Rich Company
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 117 S Water St
School District:Pasquotank County Schools
| Name | Grades | Distance |
|---|---|---|
J C Sawyer Elementary 1007 Park Street, Elizabeth City, NC 27909 | K-5 | 0.8 mi |
Elizabeth City Middle 1066 Northside Road, Elizabeth City, NC 27909 | 6-8 | 5.6 mi |
Pasquotank County High 1064 Northside Road, Elizabeth City, NC 27909 | 9-12 | 5.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 117 S Water St
Tax History
Tax History for 117 S Water St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,863
46%
$132,200
—
2021
$1,277
—
$132,200
70%
2021
$1,277
100%
$77,800
—
2016
—
$77,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 117 S Water St
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- Single Family
- Closed
- Updated 8 hours ago
- 3Beds
- 3Total Baths
117 S Water Street, Elizabeth City, NC 27909 (MLS# 100524099) is a Commercial Service property. 117 S Water Street is currently listed for $475,000 and was received on August 26, 2025. Want to learn more about 117 S Water Street? Do you have questions about finding other Commercial Service real estate for sale in Sawyertown? You can browse all Sawyertown real estate or contact a Coldwell Banker agent to request more information.