The new owner of a vacant shopping center on the north side of Edenton is making needed improvements to the property, and is reportedly in an active search for tenants.
Once home to a grocery store, pharmacy, bank, various retailers, and then the first location of College of the Albemarle’s Chowan County campus, Edenton Village Shopping Center on North Broad Street steadily fell dormant in recent years.
Taken in a foreclosure by Arkansas-based Today’s Bank, they have since poured close to $3 million into renovations to the buildings and parking lot, according to an October 24 post on the Town of Edenton’s Facebook page.
“The bank has brought a commercial property manager aboard,” the town posted. “This group has extensive experience in cultivating tenants to shopping centers such as Edenton Village.”
They said the prospective list is focused on local and regional businesses to occupy the 105,900 square feet of space built in 1982 at the corner of U.S. 17 Business and Coke Avenue.
The shopping center was anchored for many years by Food Lion, which relocated to the Chowan Crossing Shopping Center on Virginia Road in 2016. CVS and Advance Auto Parts were also previously at Edenton Village before moving stand-alone properties over the last decade.
“This revamp leaves us hopeful for the future of North Edenton,” the town said. “Some exciting developments may be ahead!”