2 N Front Street - Units C & I

Office for Sale
Catylist Listing ID: 30798577
Building Size (RSF): 1,065 SF
Sale Price: $1,000,000
Unit Price: $938.97 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Usable Size (USF): 1,065 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/24/2022

Overview / Comments

Two office condos 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 1,003 SF and sits on the second floor of the building. This condo is in excellent condition and features 3-4 offices, reception space and an open area. Unit C currently has a lease on it that ends August 31, 2022.

Unit I is 1,065 SF and is located on the 8th floor of the Trust Building. With 270 degree views of the river and city, this unit features an open floor plan and would be ideal for a loft-studio style commercial office space. This unit is owner occupied and has no lease attached.

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 38,324 109,607
Median Age: 35.65 36.45 36.25
Households: 4,384 17,619 47,317
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