305 Commerce Avenue, Morehead City, NC 28557

$925,000
Property Type: Comm Sale or Lease Square Footage: 4,880 Lot Size (sq. ft.): 13,504 Status: Active
Current Price: $925,000 List Date: 12/09/2025 Last Modified: 3/01/2026

Overview

Description

Very nice Brick building with stable tenants. One space is vacant and would be perfect for an owner/occupant and receive rent from the remainder of the building.

Listing Details MLS# 100544694

Contract Info

Available Date
2025-12-09
Delayed Marketing?
No
Marketing Start Date
2025-12-09
Sub-Type
Improved
Garage
N/A
Sale/Lease
Sale
Listing Price
925000
List Price/SqFt
189.55
Stipulation of Sale
Standard

Location Information

Street #
305
Street Name
Commerce
Street Suffix
Avenue
County
Carteret
State/Province
NC
Zip Code
28557
City Limits
Yes
Marketing City
Morehead City
Subdivision
Not In Subdivision
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
From MHC to Bridges St. Turn onto Commerce Ave. Property will be on your left. No sign
Sign on Property
No

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
4880

Legal and Taxes

Tax Assessed Value
459127
Deed Book
1579
Deed Page
327
Legal
L2 BRIDGES PROFFESIONAL CENTER
Broker Owner
No
PID
637615633889000
Tax Identifier
637615633889000
Plat Book
29
Plat Page
198
Special Assessments
None known
Tax Year
2025
Year Built
2000
Zoning
Commercial
HOA
No
Cobra Zone
No
Federal Flood Ins Avlbl
No

More Information

Current Service Providers

Electric Provider
Duke Progress Energy
Sewer Provider
City of Morehead City
Water Provider
City of Morehead City

Financial Info

Cap Rate %
7

Building/Ext Features

Fireplace Y/N
No
Lot Acres
0.31
Lot SqFt
13504
Lot Dimensions
82x165x82x165
SqFt - Apx Total
4880
Location Type
Mainland

Business Type

Professional/Office
Yes

Current Use

Medical/Dental
Yes
Office
Yes

Attic

None
Yes

Basement

None
Yes

Lot Water Features

None
Yes

Exterior Finish

Brick Veneer
Yes

Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Foundation

Raised
Yes
Slab
Yes

Flooring

Carpet
Yes
Tile
Yes

Parking Features

Asphalt
Yes
Off Street
Yes
On Site
Yes
Paved
Yes

Sale/Lease Includes

See Remarks
Yes

Roof

Shingle
Yes

Lot Description

Dead End
Yes

Road Type/Frontage

2 - 3 Lanes
Yes
Maintained
Yes
Paved
Yes
Public (City/Cty/St)
Yes

Road/Trans Access

County Highway
6 - 10 Miles
Port
Less than 5 Miles
Rail
Less than 5 Miles
State Highway
Less than 5 Miles

Cooling

Central Air
Yes

Location

Business Park
Yes
Gen Bus District
Yes

Heating

Heat Pump
Yes

Heating System Fuel Source

Electric
Yes

Water Heater

Electric
Yes

Utilities

Water Available
Yes

Water Source

Municipal Water
Yes

Sewer

Municipal Sewer
Yes

Lease Types

Full Service
Yes

Property Features

Business Type: Professional/Office Attic: None Basement: None Exterior Finish: Brick Veneer Flooring: Carpet; Tile Foundation: Raised; Slab Parking Features: Asphalt; Off Street; On Site; Paved Roof: Shingle Lot Description: Dead End Current Use: Medical/Dental; Office Location: Business Park; Gen Bus District Lot Water Features: None Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Water Available Sewer: Municipal Sewer Water Source: Municipal Water Terms: 1031 Exchange; Cash; Conventional Lease Types: Full Service
Listing Office: Coldwell Banker Sea Coast AB
IDX
Last Updated: March - 01 - 2026
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