Market Street Office For Sale

Office for Sale
Catylist Listing ID: 30320982
Property Subtypes: Flex Space
Building Size (RSF): 1,256 SF
Gross Land Area: 0.24 Acres
Sale Price: $282,260
Unit Price: $224.73 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,256 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/30/2018

Overview / Comments

This free-standing commercial office space offers excellent visibility along Highway 17(Market Street)

Location between downtown Wilmington and the university area provide owner convenient access to two commercial centers.

Traffic counts in this area exceed 27,000 cars per day.

Lot frontage measures nearly 70' with a total lot size of almost 0.25 acres.

Layout is accommodating for insurance, attorney or real estate offices.

O&I-1 zoning offers a wide variety of office and institutional uses.

Property located directly across from YMCA.

Unit contains large open reception/waiting area along with 3 private offices, full kitchen, outdoor patio and enclosed parking.

Attachments & Media

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04820-006-004-000
Zoning: O&I-1
Property Located Between: 23rd Street & Covil Avenue
Property Visibility: Excellent
Highway Access: Highway 17
Airports: ILM
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1952
Year Renovated: 1980
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Beautiful brick construction is set to last the test of time
Parking Type: Surface
Interior Description: Hardwood floors throughout with fireplace located in the entryway room
Water Service: Municipal
Sewer Type: Municipal
Legal Description: S 1/2 LOT 1 JAMES + JAMES

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,558 64,870 126,911
Median Age: 30.06 33.71 36.08
Households: 5,553 28,430 54,276
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