Highly sought after Market Street property

Retail-Commercial for Sale
Catylist Listing ID: 30747836
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 960 SF
Gross Land Area: 0.32 Acres
Sale Price: $575,000
Unit Price: $598.96 PSF
Property Use Type: Investment, Business
Usable Size (USF): 960 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/4/2021

Overview / Comments

Highly sought after Market Street property approximately 1/2 a mile from the new Porters Neck Walmart. NCDOT project is under construction and a median will be constructed on US 17 between North and Southbound traffic allowing excellent access to property. Property offers a deeded 50 ft access easement and approximately 190 feet of private parking space. Please note GIS lines are not accurate, survey attached under documents. Sign on property.

Attachments & Media

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County
Tax ID/APN: R04406-001-002-001
Zoning: B-2
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Market Street
Feet of Frontage: 79
Airports: Less than 5 miles
Area Description: Highly sought after Market Street property approximately 1/2 a mile from the new Porters Neck Walmart. NCDOT project is under construction and a median will be constructed on US 17 between North and Southbound traffic allowing excellent access to property. Property offers a deeded 50 ft access easement and approximately 190 feet of private parking space. Please note GIS lines are not accurate, survey attached under documents. Sign on property.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 960 SF
Year Built: 1940
Roof Type: Gable
Parking Type: Surface
Parking Description: Shared parking
Zoning Description: B-2
Lot Frontage: 79
Lot Depth: 176
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PT LT 12 OGDEN PLACE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,044 45,016 96,260
Median Age: 36.19 40.56 36.28
Households: 4,042 18,650 40,255
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