Nice 2-story brick building in downtown Wallace

Office for Sale
Catylist Listing ID: 30583198
Property Subtypes: Governmental, Institutional, Office Building
Building Size (RSF): 8,000 SF
Gross Land Area: 0.90 Acres
Sale Price: $349,900
Unit Price: $43.74 PSF
Ceiling: 10 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Wallace Masonic Lodge
Class of Space: Class B
Usable Size (USF): 8,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2021

Overview / Comments

This beautiful 2-story brick building has served as the home of the Wallace Masonic Lodge for 65+ years. The ground floor features (2) restrooms, a 14'x48' kitchen, a 46'x48' opened assembly hall, and a brick wood-burning fireplace. The second floor features a restroom, and a 63'x48' opened assembly hall.

The property is serviced with municipal water/sewer, and efficient propane heat. This downtown corner lot is approximately .9 acres and is zoned HB (Highway Business) by the town of Wallace.

Additional Details

Nearest MSA: Wilmington
County: Duplin
Taxing Authority: Wallace / Duplin County
Tax ID/APN: 09-E051- - -
Zoning: HB
Property Located Between: Carr Street and Hall Street
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 4,000 SF
Roof Type: Flat
Construction/Siding: Block, Brick
Parking Type: Surface
Sprinklers: Dry
Heat Type: Propane
Heat Source: Central
Zoning Description: Highway Business
Lot Frontage: 200+ feet
Lot Depth: 185+ feet
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,505 4,881 10,368
Median Age: 35.72 41.82 42.2
Households: 923 2,022 4,196
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