1101 Broad Street, New Bern, NC

$375,000

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1.34

Acres

About 1101 Broad Street

This exceptional 1.34-acre multi-parcel property in Downtown New Bern offers an unparalleled opportunity. Boasting 182 feet of road frontage and a prime location with high visibility. As a downtown property, its redevelopment could be a catalyst for further growth in the area. A new commercial hub could attract more residents, visitors, and other businesses, contributing to the broader revitalization of New Bern's downtown core. The high daily vehicle count and excellent visibility make it an ideal spot for a business that relies on a steady flow of customers, such as a general store, market, or other commercial venture. Given the irregular lot size and multiple parcels, there is potential for a mixed-use development, combining a much-needed market with other commercial spaces or residential units. This could maximize the use of the space and cater to the walkability of the location. The potential of 1101 Broad Street within the context of the Re-New Bern project is significant. The project's goals include encouraging mixed and commercial uses, supporting multimodal transportation networks, and fostering development that is compatible with its surrounding context. Parcels include: 1101 & 1113 Broad St., 0, 417 & 41 Sutton Alley. PID: 8-012-A -294, 8-012-A-294-A, 8-012-A -294-B, 8-012-A -295, 8-012-A -296

Features of 1101 Broad Street

MLS® # 100441284
Price $375,000
Acres 1.34
Year Built 1960
Type Commercial Sale
Sub-Type Improved
Status Active

Community Information

Address 1101 Broad Street
Subdivision Not In Subdivision
City New Bern
County Craven
State NC
Zip Code 28560

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed April 27th, 2024
Days on Market 528
Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCENTURY 21 ZAYTOUN RAINES

Listing Map

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