6,000sf Office Condos For Sale - MidTown/Monkey Junction

Office for Sale
Catylist Listing ID: 30700560
Property Subtypes: Office Building
Condo? Yes
Building Size (RSF): 6,000 SF
Sale Price: $1,090,000
Property Use Type: Vacant/Owner-User
Building Name: Silva Commons - Suites 100, 110, 120
Class of Space: Class B
Usable Size (USF): 6,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2021

Overview / Comments

Three adjacent office condo units (one 4,000sf Unit 100 and two 1,000sf Units 110 & 120) in Silva Commons Office Building aka 4624 Carolina Beach Road Condominium. Could be sold as individual units or collectively totaling 6,000sf in the 8,000sf Building. Located at stoplight intersection of Carolina Beach Road and Silva Terra Drive just 1 mile from Monkey Junction and 1.5 miles from Independence Blvd. Single-story professional office ideal for attorneys, accountants or engineers and insurance or real estate firms. Excellent signage and visibility from Carolina Beach Road. Excellent 1031 tax-exchange investment property for investor to roll into and lease up!

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Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County
Tax ID/APN: R07000-006-001-001; R07000-006-001-002; R07000-006-001-003
Is Condo?: Yes
Zoning: CUD O&I (NEW HANOVER COUNTY)
Property Located Between: College Rd and Independence Blvd
Property Visibility: Excellent
Highway Access: Hwy 421
Airports: ILM
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2007
Roof Type: Gable
Parking Type: Surface
Total Parking Spaces: 25
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Zoning Description: CUD O&I (New Hanover County)
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: 4624 Carolina Beach Road Condominium
Legal Description: Units in 4624 Carolina Beach Road Condominium

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,944 45,617 100,447
Median Age: 34.39 39.72 38.23
Households: 4,693 19,357 42,015
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