2 N Front Street - Unit C

Office for Sale
Catylist Listing ID: 30798583
Building Size (RSF): 1,003 SF
Sale Price: $425,000
Unit Price: $423.73 PSF
Property Use Type: Net Leased Investment (NNN)
Usable Size (USF): 1,003 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/6/2022

Overview / Comments

± 1,003 SF office condo for sale in the historic Trust Building on N Front Street in downtown Wilmington, NC. Built in 1910, this building has undergone many renovations, including a new elevator, windows and lobby renovations in 2020. Unit C is located on the second floor of the building. This condo is in excellent condition and features 3-4 offices, reception space and an open area. Space currently has a lease on it that ends August 31, 2022.

Located at the intersection of N. Front and Market Street, the Trust Building is in close proximity to all shopping, dining and entertainment downtown has to offer. On street hourly parking and parking decks are adjacent. The Subject sits within close proximity to other commercial, retail and office buildings, hotels, churches, and the downtown Wilmington River walk.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04720-009-009-000
Zoning: CBD—CENTRAL BUSINESS DISTRICT (CITY OF WILMINGTON)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,670 38,324 111,724
Median Age: 35.65 36.45 36.35
Households: 4,384 17,619 48,452
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