550 N East Street, Kinston, NC

$499,000

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0.50

Acres

About 550 N East Street

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.

Features of 550 N East Street

MLS® # 100537038
Price $499,000
Acres 0.50
Year Built 1966
Type Commercial Sale
Status Active

Community Information

Address 550 N East Street
Subdivision Not In Subdivision
City Kinston
County Lenoir
State NC
Zip Code 28501

Amenities

Utilities Electricity Connected
Parking Parking Lot, Asphalt, Lighted, Paved
Is Waterfront No
Has Pool No

Interior

Heating Heat Pump, Electric, Forced Air
Cooling Heat Pump
Fireplace No

Exterior

Lot Description Level, Corner Lot
Roof Metal, Flat
Construction Brick
Foundation Slab

Additional Information

Date Listed October 20th, 2025
Days on Market 304
Zoning I 1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Office1st Class Real Estate Legacy Partners

Listing Map

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