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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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550 N East St , Kinston, NC 28501
$499,000
Est. Payment: $2,556.12/mo
0 Bed
0 Bath
6434 Sqft
Status: active | Days on site: 270
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House 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.

Highlights

Listed by Beatrice Denise Murray , 919-288-9550 1st Class Real Estate Legacy , 833-289-2723. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Commercial Sale

Lot/Acreage
0.5

Year Built

1966

County

Lenoir

Listing ID

10128784

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Freezer
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot Dimensions:239.3 x 136.6 x 98.8 x 28.7 x 147 x 120.9 ft
Zoning:I1
Principal Interest
$2,556
Taxes
$180

Home Price

$499,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,556.12

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,556.12 $180.44 $0.00 $2,736.56
Yearly $30,673.46 $2,165.32 $0.00 $32,838.78
Total $920,203.69 $64,959.60 $0.00 $985,163.29

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Kinston, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-24T17:35:59.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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