4001 Wrightsville Ave

Retail-Commercial for Sale
Catylist Listing ID: 30384830
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 3,156 SF
Gross Land Area: 30,601 SF
Sale Price: $750,000
Unit Price: $237.64 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Usable Size (USF): 3,156 SF
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 9/15/2020

Overview / Comments

Located at 4001 Wrightsville Ave and current home to Roadhouse of Wilmington ( restaurant and bar) however, this is not an income sale. In 2017 the restaurant went under a total renovation with major improvements to the kitchen and dining areas. The offering includes the real property only and not the FF&E but they can be purchased in addition to. The current business will remain in place until a sale takes place.

The building has 3,156 square feet of space with 0.7 acres zoned O&I-1 and ample amount of parking, ease of access and great visibility.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: R05514-009-013-000
Zoning: O&I
Retail Clientele: General, Family, Business, Traveler, Recreation
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,156 SF
Property Condition: Excellent
Year Built: 1953
Year Renovated: 2017
Roof Type: Arched
Parking Type: Surface
Zoning Description: o&i-1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,322 83,942 140,684
Median Age: 33.95 35.57 36.76
Households: 4,344 36,392 60,742
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