1020 Princess Street

    Wilmington, NC 28401
    • $1,425,000
    • STATUS: Active
    • ON SITE: 184 days
    • MLS #: 100111853
    UPDATED: 22 min ago
    $1,425,000
    • 0
      BEDS
    • 0.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,820
      SQFT
    • $121
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Description

    Commercial Property Opportunity located in the middle of the fast growing Soda Pop District. This commercial service corridor is seeing incredible growth and opportunity. Located at the corner of Princess Street and 11th Street this commercial building is currently 100% occupied by a well established Carburetor Specialist, Auto Repair/Service Garage and Ministry. The current monthly rental income is at $8,000/month. Currently the building is set up in 3 separate spaces, 5200 SQ Ft, 3900 SQ Ft and 2720 SQ FT. In addition to the 11,820 SQ FT of business space there is also a surface parking lot in addition to on street parking. The property is located in the Urban Mix Use District with permitted heights of 45 feet by right and up to 75 feet w/SUP. Incredible investment opportunity.

    Monthly Payment Calculator



    © 2018 North Carolina Regional Multiple Listing Service, LLC. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of 2018-10-22T18:56:30.177. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Century 21 Sweyer & Associates shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.
    www.century21sweyer.com/homes/82787291

    1020 Princess Street Wilmington, NC 28401

    • Price: $1,425,000
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 100111853
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.64
    Acres
    11,820
    SQFT
    $121
    $/SQFT
    1946
    Built
    Neighborhood:
    Downtown
    County:
    New Hanover
    Area:
    Wilmington
    Property Description
    Commercial Property Opportunity located in the middle of the fast growing Soda Pop District. This commercial service corridor is seeing incredible growth and opportunity. Located at the corner of Princess Street and 11th Street this commercial building is currently 100% occupied by a well established Carburetor Specialist, Auto Repair/Service Garage and Ministry. The current monthly rental income is at $8,000/month. Currently the building is set up in 3 separate spaces, 5200 SQ Ft, 3900 SQ Ft and 2720 SQ FT. In addition to the 11,820 SQ FT of business space there is also a surface parking lot in addition to on street parking. The property is located in the Urban Mix Use District with permitted heights of 45 feet by right and up to 75 feet w/SUP. Incredible investment opportunity.
    Exterior Features

    Construction BlockBrick/StoneWood Frame Exterior Finish BrickBrick Veneer Foundation Block/BrickSlab Location Gen Bus DistrictIndustrial ParkSee Remarks Location Type Mainland Lot Description Corner Lot Lot Dimensions 198 X 147 X 198 X 132 Lot Water Features None Number Of Parking Spaces 35 Parking Driveway On SitePavedPrivatePublic Road Type Frontage Public (City/Cty/St) Roof MembraneMetal/TinTar/Gravel

    Interior Features

    Attic Access Only Basement None Ceiling Height 14.00 Cooling System Central Flooring CarpetConcrete Heating System ElectricNatural GasOther-See Remarks Sq Ft Apx Total 11820.00 Sq Ft Total Available 11820.00 Water Heater Electric

    Property Features

    Airport Less Than 5 Miles Auction No City Limits Yes Cobra Zone No Commercial Features Electric 3 PhaseFire AlarmFixtures/FurnitureOverhead DoorsReception AreaSecurity FenceSecurity SystemStorage Inside Commercial Sub Type Auto RelatedBusiness FlexIndustrialMixed UseOfficeRetailWarehouse County Highway Less Than 5 Miles County Taxes 4636.00 Current Use Warehouse/Church Electric Provider Duke Progress Energy Federal Flood Ins Avlbl Yes Fuel Tank None Green Building Features None Hoa Amenities No Amenities Hoa YN No Interstate Less Than 5 Miles Lease Types Triple Net New Construction No Occupancy 100.00 Port Less Than 5 Miles Possession At ClosingNegotiableSee RemarksTenant Rights Property Taxes 4636.00 Rail Less Than 5 Miles Real Estate Taxes 4636.00 Sale Lease Includes BuildingsFixturesSee Remarks Sale Or Lease Sale Secondary Subdivision N/A Sewer Provider Cape Fear Public Utility Authority State Highway Less Than 5 Miles Stipulation Of Sale None Tax Year 2017 Terms CashConventionalSeller Financing Water Provider Cape Fear Public Utility Authority Water Sewer City WaterMunicipal SewerNatural Gas Connected Zoning Umx

    Listing information © 2018 North Carolina Regional Multiple Listing Service, LLC.
    Listing provided courtesy of Jeffrey G Hovis of Intracoastal Realty Corp.


    © 2018 North Carolina Regional Multiple Listing Service, LLC. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of 2018-10-22T18:56:30.177. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Century 21 Sweyer & Associates shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.
     
    Century 21 Sweyer & Associates
    1612 Military Cutoff Road - Ste. 200
    Wilmington NC, 28403