Date
Details
Price
Change
Source
3/09/2026
Listed
$1,800,000
—
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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Property Description
Rare opportunity to acquire both real estate and business at 501 NC-118 in Grifton, NC. Currently operating as Food Pride of Grifton, this established neighborhood grocery store serves as a community anchor with excellent visibility along NC-118. The property features a flexible layout ideal for grocery, retail, or service-oriented operations, and the included business provides immediate income for investors or owner-operators. Located in Pitt County, within reach of Greenville and Kinston, this site benefits from steady local traffic and a loyal customer base. With the business included in the sale, this property is a true turn-key investment offering strong cash flow potential and long-term value. Investment highlights Highlights Building Size: ±11,361 SF Lot Size: ±1.17 acres Inventory & Fixtures: ±$450,000 Market Strength: Established local customer base and steady foot traffic Versatility: Ideal for continued grocery operations or other retail uses Parking for ~30 vehicles, approximately 3.54 spaces per 1,000 SF Location Advantage: Excellent regional access within one hour of Raleigh
Full Property Details
Full Property Details for 501 N Carolina 118
General
- Price: $1,800,000
- Taxes: $3,443
- Status: Active
- Type: Retail
- Source: 2218
- MLS ID: 10151508
- Updated: Today (3/9/2026)
- Added to Site: Today
Interior
- Interior Features: High Ceilings, Storage
- Appliances: None
Location
- County: Pitt
- Building Name: Food Pride
- Driving Directions: 501 Queen St., Grifton, NC 28530 Head toward Second St 1.0 mi Continue onto Weyerhaeuser Rd 4.0 mi Turn right onto E Hanrahan Rd 0.4 mi Turn left onto Dudley Rd 0.5 mi Turn left onto Highland Ave 1.9 mi Turn left onto Queen St
- City Limits: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, Multi Units
- Heating Type: Central
Structural Information
- Structure Type: Retail
- Exterior Const.: Block
- Building Size: 1
- Square Feet: 1
- Year Built: 1975
- Other Struct. Feat.: High Speed Internet
Lot Features
- Lot Size (Acres): 1.17
- Lot Size (Sq. Ft.): 50,965.2
- Lot Dimensions: 200 x 253 x 90 x 20 x 20 x 165 x 50 x 208
- Frontage: 3 Lane Road
- Street/Road Desc.: Paved
- Lot Features: Paved
Financial Considerations
- Price Per Acre: $1,538,461.54
- Tax Amount: $3,443.92
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 4953
- Lot Number: 1
Listed by Century 21 Triangle Group, Pat Flanagan (919) 302-3298 and Century 21 Triangle Group, Jose Cruz Labrada (984) 239-8452
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Listing agents
— 501 N Carolina 118 —
Pat Flanagan
Century 21 Triangle Group
Jose Cruz Labrada
Century 21 Triangle Group
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 501 N Carolina 118
School District:Pitt County Schools
| Name | Grades | Distance |
|---|---|---|
Grifton Elementary School 513 McCrae Street, Grifton, NC 28530 | PK-8 | 0.3 mi |
Ayden-Grifton High School 7653 North Carolina 11, Ayden, NC 28513 | 9-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 N Carolina 118
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Estimate the Cost for 501 N Carolina 118
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501 N Carolina 118, Grifton, NC 28530 (MLS# 10151508) is a Retail property. 501 N Carolina 118 is currently listed for $1,800,000 and was received on March 09, 2026. Want to learn more about 501 N Carolina 118? Do you have questions about finding other Retail real estate for sale in Grifton? You can browse all Grifton real estate or contact a Coldwell Banker agent to request more information.