Date
Details
Price
Change
Source
10/01/2026
Listed
$90,030
—
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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$90,030 Just Listed
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Property Description
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. $90,030/year to lease, which covers the TICAM expenses. The property is also currently for sale for $899,000. 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.
Full Property Details
Full Property Details for 1237 N Road St
General
- Price: $90,030
- Taxes: $13,043 (2023)
- Status: Active
- Type: Commercial Lease
- Source: 2253
- MLS ID: 100607594
- Updated: 10/1/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Retail, Commercial, Franchise, Restaurant
Rental Information
- Lease/Rent Term: 1 Year +
- Lease Info: NNN
Interior
- Appliances: Tankless Water Heater
Parking
- Parking Features: Private, Parking Lot, Lighted, On Site, Paved
Location
- County: Pasquotank
- Subdivision: N/A
- Driving Directions: Located at the corner of N Road Street and Jennings Drive, directly across from the YMCA and COA Medical Campus.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump, Natural Gas
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Natural Gas Connected, Electricity Connected, High Speed Internet, Sewer Connected, Water Connected
Structural Information
- Roof: Flat
- Square Feet: 3,380
- Current Bldg. Use: Vacant, Commercial
- Year Built: 2006
Lot Features
- Lot Size (Acres): 1.24
- Lot Size (Sq. Ft.): 54,014
- Lot Dimensions: 208' x 109' x 47' x 33' x 80' x 288' x 225'
- Frontage: 4+ Lanes
- Lot Features: Corner Lot
- Potential Use: Commercial, Investment, MedicalDental, Professional Service, Retail
- Zoning: GB
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $26.64
- Land Lease Fee Freq: Annually
- Lease Price: $17
- For Sale/Rent/Lease: Lease
- Security Deposit: $5,000
- Assessment Amount: $1,017,100
- Tax Amount: $13,043.46
- Tax Year: 2023
- Terms: 1031 Exchange, Conventional
- Owner Pays: None
- Tenant Pays: Taxes, All Utilities, Building Insurance, Common Area Maintenance, Exterior Maintenance, Interior Building Maintenance, Liability Insurance
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Shoreline Development - NC, LLC
- Property ID: 891402796029
- Block: 10
Listed by Rich Company, Alex Rich
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Listing agent
— 1237 N Road St —
Alex Rich
Rich Company
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1237 N Road St
School District:Pasquotank County Schools
| Name | Grades | Distance |
|---|---|---|
Sheep-Harney Elementary 200 West Elizabeth Street, Elizabeth City, NC 27909 | PK-5 | 1.6 mi |
Elizabeth City Middle 1066 Northside Road, Elizabeth City, NC 27909 | 6-8 | 3.9 mi |
Pasquotank County High 1064 Northside Road, Elizabeth City, NC 27909 | 9-12 | 3.9 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 1237 N Road St
Estimate the Cost
Estimate the Cost for 1237 N Road St
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 5Total Baths
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1237 N Road Street, Elizabeth City, NC 27909 (MLS# 100607594) is a Commercial Lease property. 1237 N Road Street is currently listed for $90,030 and was received on October 01, 2026. Want to learn more about 1237 N Road Street? Do you have questions about finding other Commercial Lease real estate for sale in Sawyertown? You can browse all Sawyertown real estate or contact a Coldwell Banker agent to request more information.