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: 7/20/2021

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 better access to property. Sign on property. Showings to be confirmed with as there is an active business.

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 better access to property. 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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