For Sale
$595,000

25 Lazy LnEngelhard, NC 27824

Prime location, high potential, 12,000 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional mixed-use property, situated on nearly six acres in Engelhard, North Carolina, presents a remarkable investment opportunity. The 12,000-square-foot building, constructed in 1977 and extensively renovated in 2017 and 2018, boasts two structures totaling 11,000 square feet of net rentable space. Currently, a thriving 3,000-square-foot laundromat occupies a portion of the building, generating consistent income with its seven commercial washers and six dryers. The remaining space previously housed a 7,300-square-foot grocery store, complete with shelving, refrigeration units, walk-in coolers, freezers, and checkout counters—all included in the sale. An additional 1,000 square feet is currently used for office and storage. The property features 10- to 15-foot ceilings, zoned heating and cooling with five AC condensers and large fuel-fired furnaces, a substantial generator, and two diesel fuel tanks (plus one leased propane tank). Ample parking is provided with over 40 spaces. The property includes additional indoor and detached storage areas and terrazzo flooring throughout. Located conveniently near the harbor and an airport with a 5,000-foot runway, this property offers unparalleled access to transportation and logistics. Zoned for mixed use, this property is ideally suited for a variety of commercial ventures, including retail, warehousing, shipping and receiving, or storage. The expansive 5.94-acre lot presents potential for future development. This turnkey operation, with its prime location and substantial existing infrastructure, represents a rare opportunity for significant return on investment.

Highlights

  • 11,000 SF net rentable mixed-use building on 5.94 acres in Engelhard, NC.
  • Includes a 3,000 SF active laundromat with 13 commercial machines generating consistent income.
  • Features a former 7,300 SF grocery store with all shelving, refrigeration, and walk-in units included.
  • Offers over 1,000 SF of office/storage space, plus additional detached storage.
  • Excellent condition with recent renovations, ample parking (40+ spaces), and potential for future development.

Property Details for 25 Lazy Ln

Property type
Specialty properties, Retail properties
Square Feet
12,000 SF
Year Built/Renovated
1977/2017
Buildings
2
Stories
1
Lot Size (sq. ft)
258,746 SF
Units
2

Location Insight

City
Engelhard
County
Hyde
State
North Carolina
Latitude
35.507862
Longitude
-75.998968
25 Lazy Ln, Engelhard, North Carolina

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25 Lazy Ln
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