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550 N East Street

Kinston, NC 28501
  • $499,000
  • STATUS: Active
  • ON SITE: 207 Days
  • MLS #: 100537038
UPDATED: 74 min ago
$499,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1966
County:
Area:

School Ratings & Info

Description

Supermarket for Sale: Exceptional Investment Opportunity in Kinston, NC Prime Location, Ample Parking, Two Extra Lots Included Located just minutes from downtown Kinston, NC, this grocery store offers an excellent investment with high visibility and easy accessibility. The property includes a spacious parking area that accommodates both regular customers and truckers, ensuring maximum convenience. Two adjacent lots—560 N East St (PID10984) and 319 E Washington Ave (PID9799)—come with the sale, providing outstanding potential for expansion or alternative development. The store is fully equipped and has some inventory on hand, making it ready for immediate takeover. All current inventory and equipment will transfer to the new owner at closing. Please note, the property does require some TLC, presenting a great opportunity for value enhancement.

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[Hive MLS] logoThe data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of 2026-05-16T18:32:43.24. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor The Legacy Team | Intracoastal Realty shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS LLC
www.nccoastalrealestate.com/homes/169080669
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550 N East Street Kinston, NC 28501

  • Price: $499,000
  • Status: Active
  • On Site: 207 Days
  • Updated: 74 min ago
  • MLS #: 100537038
0
Beds
0
Baths
0
½ Baths
0.5
Acres
1966
Built
Neighborhood:
Not In Subdivision
County:
Lenoir
Area:
Kinston
Property Description
Supermarket for Sale: Exceptional Investment Opportunity in Kinston, NC Prime Location, Ample Parking, Two Extra Lots Included Located just minutes from downtown Kinston, NC, this grocery store offers an excellent investment with high visibility and easy accessibility. The property includes a spacious parking area that accommodates both regular customers and truckers, ensuring maximum convenience. Two adjacent lots—560 N East St (PID10984) and 319 E Washington Ave (PID9799)—come with the sale, providing outstanding potential for expansion or alternative development. The store is fully equipped and has some inventory on hand, making it ready for immediate takeover. All current inventory and equipment will transfer to the new owner at closing. Please note, the property does require some TLC, presenting a great opportunity for value enhancement.
Exterior Features

Attached Garage YN No Construction Materials Brick Exterior Finish Brick Foundation Details Slab Parking Features Parking LotAsphaltLightedPaved Roof MetalFlat

Interior Features

Building Area Total 6434 Cooling Heat Pump Heating Heat PumpElectricForced Air Heating System Fuel Source Electric Heating YN Yes

Property Features

Business Type Retail Cobra Zone YN No Current Use RetailCommercial In City Limits YN Yes Island Or Mainland Mainland Listing Terms CashConventional Lot Features LevelCorner Lot New Construction YN No Road Frontage Type City StreetState RoadMaintainedPaved Road Surface Type Paved Secondary Subdivision N/A Sewer Provider Municipal Sewer Special Listing Conditions Standard Tax Amount 2165.32 Tax Year 2025 Utilities Electricity Connected Water Source Public Zoning I 1

Listing information © 2026 Hive MLS
Listing courtesy of Beatrice Murray of 1st Class Real Estate Legacy Partners: 833-289-2723.


[Hive MLS] logoThe data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of 2026-05-16T18:32:43.24. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor The Legacy Team | Intracoastal Realty shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS LLC
 
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Ocean Isle Beach NC, 28469