4,000sf Office Condo For Sale - MidTown/Monkey Junction

Office for Sale
Catylist Listing ID: 30705692
Property Subtypes: Business Park, Coworking, Governmental, High-Tech, Institutional, Medical, Mixed Use, Flex Space, Office Building, Research & Development, Other
Condo? Yes
Building Size (RSF): 4,000 SF
Sale Price: $720,000
Property Use Type: Vacant/Owner-User
Building Name: Silva Commons - Suite 100
Class of Space: Class B
Usable Size (USF): 4,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2021

Overview / Comments

4,000+/- SF unit (#100) in Silva Commons Office Building aka 4624 Carolina Beach Road Condominium. Located at the signalized 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 space ideal for attorneys, accountants or engineers, as well as insurance or real estate firms. Excellent signage and visibility from Carolina Beach Road. Great 1031 tax-exchange investment property for investors to roll into and lease up!

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County
Tax ID/APN: R07000-006-001-001
Is Condo?: Yes
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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