Retail Space
125 West Blount Street Kinston, NC 28501
Details & Description
Price: $525,000
    Conveniently located on the corner of Heritage Street and Blount Street in Historic Downtown Kinston. This historic 1918, three story brick building is in the heart of Kinston's art district and Heritage Street shops. The building consists of a modern/historic blend of street level storefront, second floor open office space, and (2) third floor loft apartments with stair access to a roof deck. The property also includes a working freight elevator, and a private 3 car garage. With this building being 100% occupied and potential to add 3-4 additional apartments, it makes for a great value add investment opportunity.
    Property Highlights
    Listing Agents
    Graham Storey

    O: 919-698-8799
    graham@cityplat.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    125 West Blount Street

    Kinston, NC 28501

    Listing ID: 252220
    • 125 West Blount Street Kinston, NC 28501 | for Sale | Photo 1
    • 125 West Blount Street Kinston, NC 28501 | for Sale | Photo 2
    • 125 West Blount Street Kinston, NC 28501 | for Sale | Photo 3
    125 West Blount Street | for Sale | Thumbnail 1
    125 West Blount Street | for Sale | Thumbnail 2
    125 West Blount Street | for Sale | Thumbnail 3
    Building Size: 25,000 SF
    Lot Size: 0.100 AC
    Land Size: 4,356 SF
    Building $/SF: $21.00
    Land $/SF: $120.52
    Price
    $525,000
    Property Highlights
    First floor retail - 5,000 SF
    Second floor Office - 5,000 SF
    Third floor multifamily - 5,000 SF
    Built in 1918
    Financials 2019 NOI $27,084, 2020 NOI $35,612 Projected based on currnet rents
    Description

    Conveniently located on the corner of Heritage Street and Blount Street in Historic Downtown Kinston. This historic 1918, three story brick building is in the heart of Kinston's art district and Heritage Street shops. The building consists of a modern/historic blend of street level storefront, second floor open office space, and (2) third floor loft apartments with stair access to a roof deck. The property also includes a working freight elevator, and a private 3 car garage. With this building being 100% occupied and potential to add 3-4 additional apartments, it makes for a great value add investment opportunity.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Kinston Area Market Trends

    Listing Demographics for 125 West Blount Street Kinston, NC 28501

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population5,24619,54627,268
    Population Median Age434242
    Population by Age0-9 Yrs504 (9%)2473 (12%)3402 (12%)
    10-19 Yrs579 (11%)2413 (12%)3374 (12%)
    20-29 Yrs679 (12%)2165 (11%)2962 (10%)
    30-39 Yrs601 (11%)1904 (9%)2607 (9%)
    40-49 Yrs655 (12%)2047 (10%)2915 (10%)
    50-59 Yrs756 (14%)2823 (14%)4109 (15%)
    60-69 Yrs647 (12%)2630 (13%)3677 (13%)
    70+ Yrs825 (15%)3091 (15%)4223 (15%)
    Median HH Income$19,431$32,649$36,265
    Total Household Income< 24K1345 (54%)3499 (41%)4345 (37%)
    25-49K650 (26%)2036 (24%)2938 (25%)
    50-74K271 (11%)1426 (16%)2019 (17%)
    75-99K72 (2%)620 (7%)1029 (8%)
    100-199K100 (4%)660 (7%)987 (8%)
    200K+20 (0%)162 (1%)226 (1%)
    Highest Education LevelNo Diploma116729653992
    Diploma or GED130444076020
    Some College66926674001
    Assoc. Degree25913162035
    Bachelors Degree29214291987
    Higher Degree1277941088
    Total Housing Units3,45910,67814,225
    --Owner-Occupied6953,6885,710
    --Renter-Occupied1,7644,7165,835
    Owner-Occupied Values< 100K51018982914
    100-199K12512942018
    200-299K38252399
    300-399K14160225
    400-499K74269
    500K+04285
    Total Working Age Population4,42815,77922,022
    In Work Force2,1978,42911,862
    Not In Work Force2,2317,35010,160
    Workforce Employed1,7567,07610,134
    Workforce Unemployed4421,3191,639
    Civlian Workforce2,1978,39411,773
    Military Workforce03589
    Total Households2,4598,40411,545
    Family Households1,1354,9326,891
    Non-Family Households1,3243,4724,654
    Married Couple4342,6683,973
    Other Family7012,2632,919
    Married w/Child567161,153
    Single Male w/Child499175
    Single Female w/Child3411,0731,251

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    North Carolina8,049,313+189,535,483+1110,630,691+1111,836,070
    Jones County10,381-210,153010,194010,195
    Lenoir County59,648059,495-655,963-751,883
    Pitt County133,798+26168,148+8181,005+7193,742

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 125 West Blount Street in Kinston?
    The asking price for 125 West Blount Street is $525,000
    What is the building size of this Retail property in Kinston, NC?
    The size of the building/unit at 125 West Blount Street in Kinston is 25,000 square feet
    How much land does the Kinston, NC property at 125 West Blount Street include?
    125 West Blount Street in Kinston includes 0.100 acres of land
    What kind of Retail is the propery at 125 West Blount Street?
    The property at 125 West Blount Street Kinston, NC 28501 is listed as a Other Retail Retail property
    What is the population within 1 mile of 125 West Blount Street in Kinston?
    The population within 1 mile of 125 West Blount Street Kinston, NC 28501 is 5,246 people.
    Who do I contact for questions about 125 West Blount Street?
    You should contact the listing agent, Graham Storey, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Raleigh Durham International Airport (RDU) 80
    Norfolk International Airport (ORF) 137
    Newport News Williamsburg International Airport (PHF) 143