501 N Carolina 118, Grifton, NC 28530

sale $1,800,000 | Retail

Listed By CENTURY 21 Triangle Group

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

Property Features

Building Area: 1.00 SF
Cross Docks: N
Exterior Description: Concrete Block
For Auction: N
Lot Size In Text: 1.17 Acres
MLSID: 10151508
Parking Places: 0
Price Per Area: 1800000.00
Price Upon Request: N
Style: Other Style
Sublease: N
Year Built: 1975