1045 & 1047 Kerr Ave

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30749777
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 9,925 SF
Gross Land Area: 0.54 Acres
Sale Price: $1,395,000
Unit Price: $140.55 PSF
Property Use Type: Business
Usable Size (USF): 9,925 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/13/2021

Overview / Comments

Great investment property - fully leased! There are 8 tenants currently in the 2 buildings with longevity. Solid location with great visibility. Call listing agent for additional information.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: R05519-008-006-000 & R05519-008-007-000
Tax ID/APN: R05519-008-007-000
Retail Clientele: Business
Property Located Between: Oleander Dr. & Market St
Property Visibility: Excellent
Largest Nearby Street: College Road
Highway Access: Yes,
Airports: ILM
Area Description: Business Community
Total Number of Buildings: 2
Property Condition: Good
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Onsite parking lot
Heat Type: Electricity
Zoning Description: CB Community Business
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,722 84,547 150,613
Median Age: 34.82 35.82 36.95
Households: 5,415 36,801 64,720


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