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$148,500 Just Listed
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Property Description
Wonderful and affordable and MOVE-IN ready commercial space in the heart of Washington. This 'house' is zoned commercial B-2 for retail or office uses AND with a business operating on the first floor new owners can opt to have residential space upstairs as well which has four potential offices or bedrooms and a full bathroom. This solid and substantial building has wood floors throughout, and updated HVAC and plumbing and electrical. It features a full kitchen and washer dryer and tankless water heater. There is ample off street parking and a fenced in rear yard. The property also features a covered full width front porch and a spacious deck out back with access off of the downstairs conference room or great room space. Location, location location - this property has wonderful drive by traffic on fifth street and is only 5 blocks from the river!
Full Property Details
Full Property Details for 122 W 5th St
General
- Price: $148,500
- Taxes: (2025)
- Status: Active
- Type: Commercial Service
- Source: 2253
- MLS ID: 100607629
- Updated: 10/1/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Professional/Office, Mixed, Retail, Commercial, Profes
Interior
- Flooring: Wood
Additional Information
- Shared Amenities: Waterfront Community, Sewer, Street Lights, Shopping Nearby
Parking
- Parking Features: Off Street, On Site
Location
- County: Beaufort
- Subdivision: Not In Subdivision
- Driving Directions: 264 Business/5th street through Washington west to east and see sign on left just before you reach Market Street
Community
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Attic Fan
- Heating Type: Electric, Forced Air, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame
- Construction: Vinyl Siding, Wood Siding, Wood Frame
- Basement Desc.: None
- Square Feet: 840
- Current Bldg. Use: Office
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Dimensions: irregular
- Frontage: City Street, State Road, 2 - 3 Lanes, Paved, Paved
- Lot Features: See Remarks
- Potential Use: Office, Residential, Retail
- Zoning: B-2
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $176.79
- Assessment Amount: $163,648
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan, FHA, USDA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 1 Lot 122 W. 5th St.
- Property ID: 43146
Listed by The Rich Company, Jay Martin
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Schools
Schools serving 122 W 5th St
School District:Beaufort County Schools
| Name | Grades | Distance |
|---|---|---|
Eastern Elementary 947 Hudnell Street, Washington, NC 27889 | PK-1 | 1 mi |
John C Tayloe Elementary 910 Tarboro Street, Washington, NC 27889 | 2-3 | 1 mi |
John Small Elementary 4103 North Market Street, Washington, NC 27889 | 4-5 | 1.7 mi |
P S Jones Middle 4105 North Market Street, Washington, NC 27889 | 6-8 | 1.7 mi |
Washington High 400 Slatestone Road, Washington, NC 27889 | 9-12 | 2.3 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 122 W 5th St
Date
Details
Price
Change
Source
10/01/2026
Listed
$148,500
—
MLS
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
Tax History for 122 W 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,718
89%
$163,648
173%
2024
$910
1%
$59,903
—
2023
$902
116%
$59,903
197%
2022
$418
4%
$20,164
—
2021
$403
1%
$20,164
—
2020
$400
100%
$20,164
4%
2016
—
$19,381
—
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
Estimate the Cost for 122 W 5th St
122 W 5th Street, Washington, NC 27889 (MLS# 100607629) is a Commercial Service property. 122 W 5th Street is currently listed for $148,500 and was received on October 01, 2026. Want to learn more about 122 W 5th Street? Do you have questions about finding other Commercial Service real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

