Lake Park Blvd & Lumberton Avenue Corner Lot

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30725230
Building Size (RSF): 960 SF
Gross Land Area: 6,534 SF
Sale Price: $344,000
Unit Price: $358.33 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 960 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/13/2021

Overview / Comments

This listing has 2 lots at Lake Park Blvd. and Lumberton Avenue. There is a 960 SF brick building located on the site. The CBD zoning allows a variety of office and retail uses on the property. This is a rare opportunity to get the property on Lake Park Blvd. at an affordable price.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover
Tax ID/APN: R08818-020-002-000 & R08818-020-003-000
Zoning: CBD
Property Located Between: Corner of Lumberton & Lake Park Blvd.
Property Visibility: Excellent
Highway Access: On Lake Park Blvd with is US HWY 421.
Airports: ILM 15 miles
Site Description: corner lot cleared level and developed rectangle.
Area Description: Located in Carolina Beach, a year-round beach community but booming with the summer tourist season.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1972
Construction/Siding: Brick
Parking Description: There is an adjacent lot included in the sale for parking.
Sprinklers: None
Heat Type: Electricity
Zoning Description: CBD
Lot Frontage: 50
Lot Depth: 133
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 2 Parcels BLK 67 PT LOT 1 Carolina 67 40 FT LOT 1 Car BCH

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,715 11,122 21,839
Median Age: 46.24 46.76 43.26
Households: 1,314 5,022 9,429

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