104 W Main Street, Elizabeth City NC, NC 27909

Property Description

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.