310 Craven StNew Bern, NC 28560

Property Details for 310 Craven St

Year built

1957

Lot size

0.52 AC

Property size (Sq ft)

3,082 SF

Property type

Office properties

APN

8-002-A -221

APU

8002A221

Description

This exceptional single office space, totaling 121 square feet, is located within the prestigious Stubbs Perdue Building at 310 Craven Street in the heart of historic downtown New Bern, North Carolina. The building boasts a total of 7,067 square feet and offers a convenient multiple tenancy arrangement. This particular office is ideal for a sole practitioner or small business needing a professional workspace. Its prime location provides easy access to the vibrant atmosphere of downtown New Bern, placing it within walking distance of numerous coffee shops and restaurants. The property sits on a 0.519-acre lot (APN 8-002-A-221, Craven County). While this listing focuses on a single 121 square foot office, the building offers additional shared amenities, including a conference room. This is a rare opportunity to secure a well-appointed office space in a highly desirable location. The minimum divisible space is 121 square feet, and currently, 121 square feet is vacant and ready for immediate occupancy. This office is referenced as #7 on the floor plan. This property presents a unique chance to establish a presence in the thriving New Bern business community.

• CAP approach

  CAP return

  Valuation

  6%

  $687,980

  6.5%

  $635,058

  7%

  $589,697

• Comparable approach

  Method

  Valuation

  Relative Method

  $626,294

  Geo Method

  $707,442

• Alternative Use

  Use

  Valuation

  Residential

  $787,472

  Hospitality

  $721,320

  Educational

  $600,130

  Medical

  $620,769

  Retail

  $933,535

Location Insight

City

New Bern

County

Craven

State

North Carolina

Latitude

35.1073

Longitude

-77.0377

CBSA code

35100

CBSA name

NEW BERN, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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