1109 Princess

Office for Sale
Catylist Listing ID: 30206259
Property Subtypes: Institutional, Mixed Use
Building Size (RSF): 1,364 SF
Gross Land Area: 5,489 SF
Sale Price: $349,000
Unit Price: $255.87 PSF
Ceiling: 8 ft.
Property Use Type: Net Leased Investment (NNN)
Building Name: 1109
Usable Size (USF): 1,364 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 8/2/2018

Overview / Comments

Located in the fast growing Soda Pop District in the Urban Mixed Use are near downtown Wilmington. Currently being leased to a church for $800/month plus utilities. The building contains two offices and a large meeting area. Has two restrooms and storage closets. This property is also being marketed together with 1107 and 1111 Princess Street.

Attachments & Media

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County and the City of Wilmington
Tax ID/APN: R04818-015-007-000
Zoning: UMX
Property Located Between: 11th and 12th Streets
Property Visibility: Excellent
Highway Access: Hwy 17, Rt 421 and 74/76
Airports: ILM
Site Description: Concrete block building located in UMX
Area Description: UMX
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,364 SF
Year Built: 1948
Year Renovated: 1997
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Concrete block with flat roof.
Parking Description: On Street
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Interior finished with offices and meeting space.
Zoning Description: UMX
Lot Frontage: 32
Lot Depth: 168
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Malvenia Peoples
Legal Description: PT LTS 4 Blk 188 Wim

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,661 46,162 119,957
Median Age: 35.73 35.32 36.23
Households: 5,692 21,230 50,921

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