Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30751263
Property Subtypes: Convenience Store, Free-Standing Building, Garden Center, Restaurant, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Status: Pending
Building Size (RSF): 6,716 SF
Gross Land Area: 0.52 - 0.51 Acres
Sale Price: $895,000
Unit Price: $133.26 PSF
Property Use Type: Vacant/Owner-User
Building Name: Castle Hayne Flex Building
Usable Size (USF): 6,716 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 1/15/2022

Overview / Comments

High Visibility property in the Heart of Castle Hayne. B-2 commercial zoning with 270' frontage on US Hwy 117/Castle Hayne Rd. Located only 10 miles to downtown Wilmington and 8 miles to Wilmington International Airport. The most recent traffic count from February 2020 shows 32,000+ vehicles pass this site daily.

Flex building may be used as Small engine repair, Consignment store, Convenience store, Non-profit donation center, Retail, Auto sales and repair,
Warehousing and Storage, Recreation, Bar/Nightclub, Hospitality, Brewery.... and many other uses.

6716 sf building sits on 1/2 acre and has 3 three large (10 x 10) roll-up loading doors.

Current property use - Owner operating consignment store.

Seller will consider sale/leaseback opportunity.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County
Tax ID/APN: R01100-005-013-000
Zoning: B-2
Retail Clientele: General, Family, Traveler, Tourist
Property Visibility: Excellent
Feet of Frontage: 270
Property Condition: Good
Year Built: 1970
Year Renovated: 1980
Parking Type: Surface
Zoning Description: B-2
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,925 17,815
Median Age: 35.71 37.87
Households: 1,316 6,843
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