4 parcel Commercial Property

Retail-Commercial for Sale
Catylist Listing ID: 30719086
Property Subtypes: Free-Standing Building, Garden Center, Restaurant, Street Retail, Other
Building Size (RSF): 1,977 SF
Gross Land Area: 7,520 - 30,000 SF
Sale Price: $750,000
Unit Price: $379.36 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,977 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/3/2021

Overview / Comments

Opportunity to own an assemblage of 4 parcels along Wrightsville Ave. 3518 Wrightsville Ave. is home to a lovely 1055 sf bungalow with porches recently added to the front and rear of the building. 3516 Wrightsville Ave. also includes a 922sf building, which was most recently home to an insurance company. Behind the two properties are two .17 acre undeveloped lots with direct access to Caswell St.

Located next door to one of Wilmington's most popular home goods and fine gift shop, Protocol. Just minutes from the iconic Forest Hills neighborhood and the Independence Blvd./Oleander Dr. intersection,
This area of Wrightsville Ave. has become a destination due to the diverse independent businesses located there.

Zoned as Community Business, the property could be used retail, office, coffee shop or so many other options.

These properties are available to be purchased as a package or sold individually.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R05513-003-001-000 / R05513-003-003-000 / R05513-003-004-000 / R05513-003-005-000
Zoning: COMMUNITY BUSINESS CB
Retail Clientele: General
Property Located Between: Wrightsville and Independence
Property Visibility: Excellent
Largest Nearby Street: Wrightsville Ave
Feet of Frontage: 100
Airports: ILM
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Parking Type: Surface
Zoning Description: Community Business
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,119 87,276 133,451
Median Age: 30.47 35.25 36.47
Households: 5,340 38,020 57,838

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