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$590,000 Just Listed
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Property Description
Unique opportunity in Washington's Historic Business District! This historic property offers a prime downtown location with the character and layout to accommodate a variety of commercial or investment uses. With multiple private rooms, 3 full baths and generous common areas, the property could be an ideal setting for a law firm, professional office, boutique, studio, gallery, hospitality use or other business permitted within the district. The impressive wraparound porch and historic architecture provide great curb appeal and a distinctive presence along N Market Street. Inside, original hardwood floors in the foyer and formal rooms add to the character and professional appeal of the property. Previously operated as a successful short-term rental, the property offers additional investment potential and flexibility for an owner looking to combine business and residential use. Improvements over the years include upgraded electrical, downstairs HVAC, gas tankless water heater and extensive rebuilding of the front porch with a metal roof. Located just blocks from Washington's waterfront and convenient to downtown restaurants, shops, businesses and community activity, 401 N Market Street is a great opportunity for a professional office, law firm, investment property or other downtown commercial use.
Full Property Details
Full Property Details for 401 N Market St
General
- Price: $590,000
- Taxes: $4,049 (2025)
- Status: Active
- Type: Commercial Service
- Source: 2253
- MLS ID: 100601523
- Updated: 9/4/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Professional/Office, Mixed, Bed & Breakfast, Retail, P
Interior
- Flooring: Carpet, Tile, Hardwood
Parking
- Parking Features: On Site
Location
- County: Beaufort
- Subdivision: Historic District
- Driving Directions: 264 E Right on N Market St House on Left
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Forced Air, Heat Pump, Natural Gas
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected
Structural Information
- Structure Type: Wood Frame
- Construction: Wood Siding, Wood Frame
- Basement Desc.: Exterior Entry
- Roof: Metal, Shingle
- Square Feet: 3,774
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Dimensions: irregular
- Frontage: City Street, State Road
- Lot Features: Corner Lot
- Potential Use: Commercial, Investment, MedicalDental, Meeting Hall, Mixed Use, Office, Professional Service, Residential, Retail, Single Family, Other, See Remarks
- Zoning: B1H
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $156.33
- Assessment Amount: $435,449
- Tax Amount: $4,049.68
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 1 LOT 401 NORTH MARKET ST AND 4TH ST
- Property ID: 42548
Listed by The Rich Company, Laura Mucci Gerard
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Schools
Schools serving 401 N Market 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 | 1.1 mi |
John Small Elementary 4103 North Market Street, Washington, NC 27889 | 4-5 | 1.8 mi |
P S Jones Middle 4105 North Market Street, Washington, NC 27889 | 6-8 | 1.8 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 401 N Market St
Date
Details
Price
Change
Source
9/04/2026
Listed
$590,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 401 N Market St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,246
22%
$435,449
60%
2024
$3,472
—
$272,493
—
2023
$3,464
—
$272,493
—
2022
$3,459
4%
$272,493
—
2021
$3,317
-1%
$272,493
—
2020
$3,340
100%
$272,493
67%
2016
—
$163,575
—
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 401 N Market St
401 N Market Street, Washington, NC 27889 (MLS# 100601523) is a Commercial Service property. 401 N Market Street is currently listed for $590,000 and was received on September 04, 2026. Want to learn more about 401 N Market 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.

