+/- 2,675 SF Office Building

Office for Sale
Sale Pending
Catylist Listing ID: 30327514
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 2,675 SF
Gross Land Area: 0.11 Acres
Sale Price: $349,000
Unit Price: $130.47 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 2,675 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/8/2020

Overview / Comments


Two-story +/- 2,675 SF office building located in the Historic District, in Downtown Wilmington, NC. The building is perfect for an owner-user or investment with 10 offices/rooms and a break area. Currently there are three tenants in place on short-term lease agreements. The building has undergone numerous renovations since its’ construction in the late 19th century and was most recently renovated in 2008 to include all new building systems. The property features several off-street parking spaces.


Finance Data Year 2018
Potential Rental Income $43,800 (Annual)
Gross Operating Income $35,400 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: 3117-99-1315.000
Zoning: HD-MU

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,972 41,890 109,305
Median Age: 35.86 36.39 36.3
Households: 4,481 19,056 46,705
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