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Property Description
This wonderful space has been The Margaret Fletcher Dance Studio the last 48 years. Approximately 1400 sqft of block building. You enter a foyers/office area with 2 restrooms & a waiting area. Currently set up for dance studio, but could easily become a gym, childcare, church or any use where open space is needed. This central location is a perfect place to start your dream like current owner did nearly 50 years ago and have a positive impact on countless lives.
Full Property Details
Full Property Details for 507 Contentnea Ave
General
- Price: $1,000
- Taxes: (2026)
- Status: Active
- Type: Commercial Lease
- Source: 2253
- MLS ID: 100580328
- Updated: 6/9/2026
- Added to Site: 10 day(s) ago
Business
- Business Type: Storage, Mixed, Retail, Commercial, Professional Servi
Rental Information
- Lease/Rent Term: Year to Year
Parking
- Parking Features: Off Street
Location
- County: Craven
- Subdivision: Not In Subdivision
- Driving Directions: National Ave then turn next to Riverside Hardware onto Contentnea Ave. Building is directly behind Riverside.
Community
- Assoc. Fees Include: Security
Heating & Cooling
- Heating Type: Electric
Structural Information
- Square Feet: 1,400
- Current Bldg. Use: Commercial, Mixed Use, See Remarks
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Dimensions: 50 x 150
- Frontage: City Street, State Road, 2 - 3 Lanes, Paved, Paved
- Lot Features: See Remarks
- Zoning: Commercial
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $.71
- Land Lease Fee Freq: Other - See Remarks
- Lease Price: $1,000
- For Sale/Rent/Lease: Lease
- Security Deposit: $1,000
- Assessment Amount: $53,300
- Tax Year: 2026
- Terms: 1031 Exchange, Cash, Conventional
- Owner Pays: Other, Water
- Tenant Pays: Trash Collection, Grounds Care, Gas, Other, All Utilities, Insurance, Janitorial Service, Electricity, Building Insurance, Common Area Maintenance, Exterior Maintenance, Interior Building Maintenance, Liability Insurance, Storm Water Fee, Pest Control, Sewer, Water, Security
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 507 Contentnea. 250ft between Contentnea & Ruth Ave
- Property ID: 8-015-200
Listed by Century 21 Zaytoun Raines, MICHAEL RAINES
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Schools
Schools serving 507 Contentnea Ave
School District:Craven County Schools
| Name | Grades | Distance |
|---|---|---|
Oaks Road Academy 2811 Oaks Road, New Bern, NC 28560 | PK-5 | 0.8 mi |
H J Macdonald Middle 3127 Elizabeth Avenue, New Bern, NC 28562 | 6-8 | 2.6 mi |
New Bern High 4200 Academic Drive, New Bern, NC 28562 | 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 507 Contentnea Ave
Date
Details
Price
Change
Source
6/09/2026
Listed
$1,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 Contentnea Ave
507 Contentnea Avenue, New Bern, NC 28560 (MLS# 100580328) is a Commercial Lease property. 507 Contentnea Avenue is currently listed for $1,000 and was received on June 09, 2026. Want to learn more about 507 Contentnea Avenue? Do you have questions about finding other Commercial Lease real estate for sale in New Bern? You can browse all New Bern real estate or contact a Coldwell Banker agent to request more information.

