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501 N Carolina 118

$1,800,000

501 N Carolina 118, Grifton, NC 28530

Active
Last Updated: 03/10/2026

1 sqft

Building Size

1.17 acres

Lot Area

Details:
Building Size:    1 sqft
Lot Area:    1.17 acres
Year Built:    1975
MlsNumber:    10151508
Highlights:
  • Exterior Description: Concrete Block
Description:

Rare opportunity to acquire both real estate and business at 501 NC-118 in Grifton, NC. Currently operating as Food Pride of Grifton, this established neighborhood grocery store serves as a community anchor with excellent visibility along NC-118. The property features a flexible layout ideal for grocery, retail, or service-oriented operations, and the included business provides immediate income for investors or owner-operators. Located in Pitt County, within reach of Greenville and Kinston, this site benefits from steady local traffic and a loyal customer base. With the business included in the sale, this property is a true turn-key investment offering strong cash flow potential and long-term value.

Investment highlights
Highlights

Building Size: ±11,361 SF

Lot Size: ±1.17 acres

Inventory & Fixtures: ±$450,000

Market Strength: Established local customer base and steady foot traffic

Versatility: Ideal for continued grocery operations or other retail uses

Parking for ~30 vehicles, approximately 3.54 spaces per 1,000 SF

Location Advantage: Excellent regional access within one hour of Raleigh


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Listing ID: 6bb367d1-1b14-40fb-8ea0-af62a4b773b1
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