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$700,000
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Property Description
Redevelopment and Zoning Ordinance: -Offers mixed-use development opportunity, with the assumption a minimum of (2) floors are upfitted for residential units. The current zoning ordinance confirms both commercial and residential usage. -Grant Funding: Based on the city's current qualifications for downtown projects, this building has an estimated qualification of grant funding totaling $850,000. Buyer should consult RMT City for qualifications. -Historic Tax Credits: Eligible for both federal and state tax credits, total amount is based on development design and qualified real estate expenses (reference IRS guidelines). Buyer should consult professional tax consultant on qualifications. Walking distance to Edge Community Bio Tech Ctr--walking distance to RMT Event Ctr, Close to RMT Public Transportation Ctr (Amtrak Station-City Bus Transit).
Full Property Details
Full Property Details for 348 S Washington St
General
- Price: $700,000
- Taxes: (2025)
- Status: Active
- Type: Commercial Service
- Source: 2253
- MLS ID: 100550337
- Updated: 5/13/2026
- Added to Site: 115 day(s) ago
Business
- Business Type: Commercial, Building Supply, Business Service, Wareho
Interior
- Flooring: Concrete, Wood
Additional Information
- Shared Amenities: None
Parking
- Parking Features: Parking Lot, Additional Parking, Other, Paved
Location
- County: Edgecombe
- Subdivision: Not In Subdivision
- Driving Directions: From Hwy 64 (future I-87) take the Atlantic Ave Exit S. towards downtown (Central City) to Hill St, Rt on Hill St, Left on S Washington. Proceed two blocks--building at the Corner of S Washington and Battle St
Community
- Association: Yes
Utilities
- Sewer: Municipal Sewer
- Water: Public, Public2
- Utility Description: Natural Gas Connected, Water Available, Electricity Available2
Structural Information
- Construction: Concrete, Brick Veneer
- Basement Desc.: Other, Unfinished
- Roof: Wood Joists/Truss, Steel Joists/Truss, Membrane, Flat
- Square Feet: 33,000
- Current Bldg. Use: Vacant
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.68
- Lot Size (Sq. Ft.): 29,621
- Lot Dimensions: 255 x 110
- Frontage: City Street, State Road
- Lot Features: Level, Corner Lot
- Zoning: B4
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $21.21
- Assessment Amount: $744,000
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: District 12 City Muni/TWP: Rocky Mount 334 S Washington St, Map Ref: 375907
- Property ID: 3759683789500
Listed by Century 21 Sterling Combs, Max M Avent
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Schools
Schools serving 348 S Washington St
School District:Nash-Rocky Mount Schools
| Name | Grades | Distance |
|---|---|---|
D S Johnson Elementary 600 North Fairview Road, Rocky Mount, NC 27801 | 3-5 | 1.1 mi |
Fairview Elementary School, Rocky Mount, NC 720 North Fairview Road, Rocky Mount, NC 27801 | PK-2 | 1.1 mi |
Rocky Mount Middle School 841 Nash Street, Rocky Mount, NC 27804 | 6-8 | 0.7 mi |
Rocky Mount High 1400 Bethlehem Road, Rocky Mount, NC 27803 | 9-12 | 2.2 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 348 S Washington St
Date
Details
Price
Change
Source
1/21/2026
Listed
$700,000
—
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 348 S Washington St
348 S Washington Street, Rocky Mount, NC 27801 (MLS# 100550337) is a Commercial Service property. 348 S Washington Street is currently listed for $700,000 and was received on January 21, 2026. Want to learn more about 348 S Washington Street? Do you have questions about finding other Commercial Service real estate for sale in Rocky Mount? You can browse all Rocky Mount real estate or contact a Coldwell Banker agent to request more information.

