Freestanding Building, Great Location, Multiple Opportunities!

Retail-Commercial for Sale
Catylist Listing ID: 30323525
Property Subtypes: Free-Standing Building
Building Size (RSF): 1,118 SF
Gross Land Area: 14,420 SF
Sale Price: $225,000
Unit Price: $201.25 PSF
Property Use Type: Investment, Business
Usable Size (USF): 1,118 SF
Sale Terms: Cash to Seller
Cap Rate: 7.46%
Last Updated: 4/14/2019

Overview / Comments

Free standing building on the increasingly popular section of Wrightsville Avenue near Independence Boulevard. Property backs up to Empie Park. Tenant in place paying $1400 per month. Landlord pays property taxes and HVAC maintenance.

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Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R05513-004-004-000
Zoning: CB
Property Visibility: Good
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1975
Parking Type: Surface
Parking Description: Typical parking in front of building.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: BLK I LTS 2/8 HIGHWOOD PRK

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,922 85,066 133,451
Median Age: 30.14 34.96 36.47
Households: 4,736 36,876 57,838
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