Small Flex Space For Sale in Dutch Square

Office for Sale
Sale Pending/Contingent
Also listed as Industrial
Catylist Listing ID: 30388367
Property Subtypes: Flex Space, Other
Status: Pending/Contingent
Condo? Yes
Building Size (RSF): 1,320 SF
Gross Building Area: 1,440 SF
Sale Price: $129,900
Property Use Type: Business
Building Name: Amsterdam Way Condominiums
Class of Space: Class A
Usable Size (USF): 1,320 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/19/2019

Overview / Comments

1350 SqFt Flex Unit For Sale on Amsterdam Way. The open concept flex space is fully conditioned, with 3 Phase Power, a 12' overhead door and 14' ceilings. The space was renovated in 2017 by the tenant who has a one year lease, no options at $850 per month. Tenant (a machinist) is interested in staying longer.

Please do not disturb tenant: Listing Agent must be present for all showings.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04319004027014
Is Condo?: Yes
Property Located Between: Gordon Rd and Market Street
Highway Access: Access to HWY 40 and HWY 17.
Airports: ILM
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1988
Sprinklers: None
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Package Unit
Zoning Description: The I-1 zoning district is established to preserve land within the County for light industrial uses and associated operations, including assembly, fabrication, packaging and transport, where operations are conducted primarily indoors and where suitable sites are served by rail, waterway, highway transportation systems as well as readily available utilities. Heavy industrial uses in which raw materials are converted into products for subsequent assembly or fabrication or where uses create an excessive amount of noise, odor, smoke, dust, air borne debris or other objectionable characteristics which might be detrimental to surrounding areas are not appropriate in this district. Within the I-1 district, all operations conducted and all materials used or held in storage shall be contained within enclosed buildings, solid wall, fence or planting of such nature and height as to conceal such operation or materials from view from any roadway or adjacent properties. No I-1 district shall be less than five (5) acres in area.
Part of Planned Development?: Yes
Water Service: Well
Sewer Type: Septic
Easements: Electric Lines, Ingress/Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,186 62,499 116,411
Median Age: 32.8 34.01 36.8
Households: 2,298 26,270 49,036
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