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104 W Main Street, Elizabeth City, NC 27909 ACTIVE 1 of 50 104 W Main Street, Elizabeth City, NC 27909 — photo 2 104 W Main Street, Elizabeth City, NC 27909 — photo 3 104 W Main Street, Elizabeth City, NC 27909 — photo 4 104 W Main Street, Elizabeth City, NC 27909 — photo 5
1 of 50
Active
$599,000 Est. $4,127/mo — Get pre-qualified
5beds 2.5baths 3,466sq ft 0.16acres

104 W Main Street · Elizabeth City, NC 27909

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Rare Mixed-Use Downtown Opportunity - Completely Turnkey!

This unique mixed-use property presents a rare opportunity to own an iconic downtown commercial restaurant space complete with attached residential accommodations, established short-term rental income, and additional third-floor living or development potential.

Located in the heart of downtown, this fully turnkey property features an established commercial restaurant on the main level with seating for 48 guests, offering strong visibility, charm, and operational flexibility. Designed for a seamless transition, the restaurant is positioned for an owner-operator, investor, or hospitality entrepreneur ready to step into an existing downtown destination.

The second floor currently operates as a successful income-producing Airbnb, generating exceptional supplemental revenue while offering attractive live/work or investment flexibility.

Adding even greater value, the third floor presents exciting opportunities for expanded living space, owner's quarters, luxury suite, creative studio, additional short-term rental accommodations, or future development potential.

Combining commercial success, residential versatility, proven income streams, and expansion opportunity, this rare downtown property is a truly exceptional turnkey investment and lifestyle opportunity ready for its next chapter.

Features & Amenities

Living Area3,466 Sq.Ft.
Bedrooms5
Baths2.5
HeatingElectric, Heat Pump
CoolingCentral Air
FlooringHardwood
Fireplace2
AppliancesElectric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Double Oven, Convection Oven, Cooktop, Electric Range
Interior FeaturesVaulted Ceiling(s), High Ceilings, Entrance Foyer, Ceiling Fan(s), Furnished, Walk-in Shower
LaundryDryer Hookup, Washer Hookup
StyleSingle Family Residence
Year Built1900
ConstructionWood Siding, Wood Frame
RoofShingle
FoundationRaised, Crawl Space
ParkingAdditional Parking, Off Street, On Site
StatusActive
Lot Size0.16 Acres
CountyPASQUOTANK
Last UpdatedOct 7, 2026
UtilitiesWater Connected
Water SourcePublic
HOANo
ElementarySheep-Harney Elementary
MiddleElizabeth City Middle School
HighPasquotank County High School
Presented By: Water Street Real Estate Group; hello@waterstreetgrp.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 7, 2026 Price Reduced $650,000 → $599,000 ▾ $51,000 (7.8%)

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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Last Updated: Oct 7, 2026