Office/Warehouse Flex Condominium

Office for Sale
Catylist Listing ID: 30054830
Property Subtypes: Business Park
Building Size (RSF): 1,750 SF
Gross Building Area: 13,000 SF
Sale Price: $155,000
Unit Price: $88.57 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Oak Pointe Business Park
Usable Size (USF): 1,750 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2017

Overview / Comments

Just decreased! Great opportunity to buy a one story office condominium in the heart of Wilmington. A well built brick building located near N College Rd with close proximity to I-40. Approximately 1125 square feet of warehouse space in back with big bay roll up door. COA dues are $610 semi annually and cover the following items: exterior building insurance, water/sewer, dumpster service and lawn care.

The office also comes with additional attic storage area measuring over 600 SF increasing the total SF to over 2300 SF.

Investors are welcome as the office is partially leased.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R02600-004-030-003
Zoning: PD
Property Located Between: N College Rd and I-40
Property Visibility: Good
Highway Access: Hwy 117/132
Airports: ILM
Total Number of Buildings: 2
Number of Stories: 1
Roof Type: Flat
Construction/Siding: Brick, Steel Frame
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: PD NHC

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,972 23,840 65,606
Median Age: 33.52 35.65 36.19
Households: 1,236 9,556 27,622

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