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$499,000

  • For Sale
  • Active
  • Retail
  • 6,434 Sq. Ft.
  • 0.5 Acres
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Supermarket for Sale: Exceptional Investment Opportunity in Kinston, NC Prime Location, Ample Parking, Two Extra Lots Included Located just minutes from downtown Kinston, NC, this grocery store offers an excellent investment with high visibility and easy accessibility. The property includes a spacious parking area that accommodates both regular customers and truckers, ensuring maximum convenience. Two adjacent lots- 560 N East St (PID10984) and 319 E Washington Ave (PID9799)-come with the sale, providing outstanding potential for expansion or alternative development. The store is fully equipped and has some inventory on hand, making it ready for immediate takeover. All current inventory and equipment will transfer to the new owner at closing. Please note, the property does require some TLC, presenting a great opportunity for value enhancement.

Full Property Details for 550 N East St

General

  • Price: $499,000
  • Taxes: $2,165
  • Status: Active
  • Type: Retail
  • Source: 2218
  • MLS ID: 10128784
  • Updated: 11/6/2025
  • Added to Site: 218 day(s) ago

Interior

  • Appliances: Freezer

Location

  • County: Lenoir
  • Driving Directions: Head east on W Vernon Ave (US-70-BR/US-258-BR), until you reach the stop light at near Grainger Stadium. Turn right onto N East St. Go for four blocks and Henderson's Food Center in on the right.
  • City Limits: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air

Structural Information

  • Exterior Const.: Brick
  • Stories/Levels: 1
  • Building Size: 6434
  • Square Feet: 6,434
  • Year Built: 1966

Lot Features

  • Lot Size (Acres): 0.5
  • Lot Size (Sq. Ft.): 21,780
  • Lot Dimensions: 239.3 x 136.6 x 98.8 x 28.7 x 147 x 120.9 ft
  • Zoning: I1

Financial Considerations

  • Price Per Acre: $998,000
  • Tax Amount: $2,165.32

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 9797
  • Lot Number: NA

Listed by 1st Class Real Estate Legacy, Beatrice Denise Murray (919) 288-9550

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Listing agent

— 550 N East St —

  • Beatrice Denise Murray

    1st Class Real Estate Legacy

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 550 N East St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/06/2025
Price Reduced
$499,000
-23.23%
MLS
10/20/2025
Listed
$650,000
160%
MLS
10/14/2024
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 550 N East St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,165
-5%
$154,115
9%
2024
$2,289
—
$141,751
—
2023
$2,289
—
$141,751
—
2021
$2,289
—
$141,751
—
2022
$2,289
3%
$141,751
—
2020
$2,233
—
$141,751
—
2019
$2,233
3%
$141,751
—
2018
$2,169
—
$141,751
—
2017
$2,176
18%
$141,751
15%
2016
$1,840
—
$123,064
—
2014
$1,840
—
$123,064
—
2013
$1,840
—
$123,064
—
View All
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 for 550 N East St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by 1st Class Real Estate Legacy, Beatrice Denise Murray (919) 288-9550

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550 N East Street, Kinston, NC 28501 (MLS# 10128784) is a Retail property. 550 N East Street is currently listed for $499,000 and was received on October 20, 2025. Want to learn more about 550 N East Street? Do you have questions about finding other Retail real estate for sale in Kinston? You can browse all Kinston real estate or contact a Coldwell Banker agent to request more information.

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