City Market

211 S Jarvis St, Greenville, NC 27858

  • For Sale $1,950,000
  • Property Type Office - General Office
  • Property Size 17,170 SF
  • Units 5
  • Lot Size 1.1 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1955
  • Year Renovated 2019
  • Date Updated Mar 1, 2024
Greenville is the 10th largest city in North Carolina and has a metropolitan area of more than 230,000 residents. Greenville is home to the 3rd largest university in NC, East Carolina University (ECU). ECU has an enrollment of over 28,500 students and employs 5,600 individuals. Greenville is also home to ECU Health's Medical Campus, formerly Vidant Medical Center, which is one of the largest hospital systems in the US. ECU Healths Medical Campus is the only Level 1 trauma center east of I-95, has 1,712 licensed beds. It serves 1,400,000 people and employees 6,800 individuals in Greenville. This property is located in the ever-popular submarket near East Carolina University know as "the Grid" and consists primarily of SFRs with a student rental population.City Market is located within two blocks of the East Carolina University main campus and just a short walk to Greenville's revitalized Downtown District. This is a rare neighborhood commercial opportunity to capture an 85% plus rental market. The area is undergoing a resurgence with renewed interest from homeowners and students to live within walking distance of the University. The building was originally built for Overton's Supermarket and was very successful for many years. The current tenants include the ECU Innovation Hub, Jarvis Street Bottle Shop, Salon La Vie. Suite 104 consists of 12 executive suites with shared common area and restrooms. The sale also includes 0.57 acres of paved parking located across the road from the building.Former City Market located within two blocks of the East Carolina University main campus and just a short walk to Greenville's revitalized Uptown District.. This is a rare neighborhood commercial opportunity to capture an 85% plus rental market. The area is undergoing a resurgence with renewed interest from homeowners and students to live within walking distance to the University. The building was originally built for Overton's Supermarket and was very successful for many years.

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Highlights

  • Storefront parking and adjacent parking lot included in sale
  • Located near high-concentration of single & multi-family homes
  • Located in East Carolina Univerity submarket "The Grid"
  • Easy access to East Carolina University and downtown Greenville
  • Rare opportunity for multi-tenant commercial property near downtown

Contacts

broker

Michael Overton, CCIM

The Overton Group

(252) 355-7006

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable
  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Greenville, NC
  • Neighborhood Tar River
  • Zip Code 27858

Points of Interest

  • Sheetz

    0.61 miles

  • Greenville NC East Carolina 2

    0.70 miles

  • Speedway

    0.82 miles

  • Speedway

    1.51 miles

  • Citgo

    1.57 miles

  • Speedway

    1.70 miles

  • Duck Thru

    1.75 miles

  • BP

    1.80 miles

  • Speedway

    1.83 miles

  • Citgo

    1.92 miles

  • A1/A3

    0.20 miles

  • East Carolina University Visitor Parking

    0.25 miles

  • Student Center Parking Garage

    0.45 miles

  • A1/A3

    0.49 miles

  • 5 Points

    0.49 miles

  • Pay Parking

    0.52 miles

  • Krispy Kreme

    0.58 miles

  • Cypress Glen Retirement Community - Visitor Parking

    0.99 miles

  • Greensprings Park

    1.31 miles

  • North Carolina State Highway Patrol

    1.55 miles

  • Quality Inn

    1.74 miles

  • Uptown greenville hotel

    1.82 miles

  • Econo Lodge

    1.89 miles

  • Super 8 by Wyndham Greenville

    1.91 miles

  • Holiday Inn Express Greenville, an IHG Hotel

    1.92 miles

  • Residence Inn by Marriott Greenville

    1.94 miles

  • Fairfield Inn & Suites by Marriott Greenville

    1.96 miles

  • Best Western Plus Suites-Greenville

    2.00 miles

  • Microtel Inn & Suites by Wyndham Greenville/University Med

    2.03 miles

  • Courtyard by Marriott Greenville

    2.19 miles

  • The Pita Pit

    0.34 miles

  • West End Dining Hall

    0.35 miles

  • Michaelangelos Pizza

    0.37 miles

  • The Quarry Restaurant + Bar

    0.37 miles

  • Pirate's Den

    0.39 miles

  • Chico's

    0.39 miles

  • Peasant's Pub

    0.39 miles

  • Dales Indian Cuisine

    0.40 miles

  • The Sculery

    0.41 miles

  • Jimmy John's

    0.42 miles

  • Eastern Carolina School of Bartending

    0.40 miles

  • ECU College Hill District

    0.67 miles

  • Third Street Elementary School

    0.85 miles

  • ECU Main Campus

    0.86 miles

  • C. M. Eppes Middle School

    0.89 miles

  • Wahl Coates School

    1.03 miles

  • Saint Gabriel School

    1.14 miles

  • Sadie Saulter Elementary School

    1.15 miles

  • ECU Athletic District

    1.25 miles

  • Fulilove School

    1.36 miles

  • Pitt County Headstart

    2.93 miles

Frequently Asked Questions

What is the lease rate for City Market?

Rental asking rate at City Market is $975,000.00/YR.

What is the total square footage of City Market?

City Market totals 17,170 square feet.

When was this property built?

City Market was built in 1955.

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Contact Listing Broker

broker

Michael Overton, CCIM

The Overton Group

(252) 355-7006