Office Building with 120ft of Road Frontage

Office for Sale
Catylist Listing ID: 30700578
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 1,740 SF
Gross Land Area: 0.28 - 0.38 Acres
Sale Price: $149,000
Unit Price: $85.63 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Usable Size (USF): 1,740 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 2/26/2021

Overview / Comments

1740 square feet of office space with a large common area, 4 dedicated offices, 2 bathrooms, break room and off street parking. New roof in 2017. Approximately 120 feet of road frontage on Norwood Street in the business district of Wallace. Vacant gravel lot at 513 N Norwood Street (.10 acres) is also included in the sale.

Additional Details

Nearest MSA: Wilmington
County: Duplin
Submarket Type: Central Business District
Tax ID/APN: 09-5957
Property Visibility: Excellent
Highway Access: 3.5 miles to highway 40. Located on Highway 117/Norwood St
Airports: ILM is aprox 35 miles. Wallace airport is 5 miles.
Area Description: Located on Norwood St/117 in the high traffic business district of Wallace.
Year Built: 1990
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Paved lot immediately next to office building and gravel lot located at 513 N Norwood St.
Heat Type: Electricity
Heat Source: Heat Pump

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,881 6,346 8,518
Median Age: 41.82 41.02 42.23
Households: 2,022 2,573 3,458


Photograph of Listing Agent

Basil Williams, Sr

Keller Williams Realty NCCMLS Member
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