3101 Princess Place

Office for Sale
Catylist Listing ID: 30796268
Property Subtypes: Coworking, Mixed Use, Office Building, Other
Building Size (RSF): 3,598 SF
Sale Price: $669,000
Unit Price: $185.94 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User
Usable Size (USF): 3,598 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/5/2022

Overview / Comments

Previously used as a day care center, this 3,598 SF building sits on .313 acres of land in the Community Zoned area on Princess Place. This zoning district is intended to integrate appropriately scaled offices, retail, personal service use with the adjacent or surrounding residential areas. Property has access easement for drive and parking. Neighboring property is potential medical services site.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington and New Hanover County
Tax ID/APN: R04913-001-004-000
Zoning: COMMUNITY BUSINESS
Property Located Between: N 30th and Evans Street
Property Visibility: Good
Highway Access: I-40, Hwy 17 and 421
Airports: ILM
Site Description: Single story structure located close to business and residential neighborhoods
Area Description: Community Business Zoned area, combination of business, development, single and multifamily area
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,598 SF
Year Built: 1997
Year Renovated: 2008
Construction/Siding: Wood Frame
Exterior Description: vinyl siding.
Parking Type: Surface
Parking Description: Surface Parking. Covered in easement
Total Parking Spaces: 8
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Interior Description: Office and class room set up
Zoning Description: Section 18-71: Purpose statements A. CB, Community business This district is intended to integrate appropriately scaled office, retail, and personal service uses with adjacent or surrounding residential neighborhoods. The purpose of the CB district is to create convenient, walkable nodes that serve the day-to-day needs of nearby residents. Ideally, these nodes should be located at street intersections and may be created on infill sites or through redevelopment. To ensure that the allowed uses are compatible with the surroundings and consistent with this intent, building size limits may be imposed, along with other spatial standards, to regulate the scale of the development and minimize additional vehicular traffic.
Lot Frontage: 88
Lot Depth: 186
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: See deed
Land Ownership: Joe Conyers
Legal Description: East Wilmington

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,715 72,585 126,685
Median Age: 29.25 34.05 36.24
Households: 4,737 31,554 54,265

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