918 Castle Street

Hospitality for Sale
Sale Pending
Catylist Listing ID: 30675694
Status: Pending
Number of Units: 1 Units
Building Size (RSF): 1,496 SF
Gross Building Area: See Agent
Gross Land Area: 12,376 SF
Sale Price: $400,000
Unit Price: $400,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Name of Establishment: Booty's Restaurant
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/19/2021

Overview / Comments

Includes 4 lots. 156' on Castle Street & 60' on 10th. Up and running and furnished restaurant. Equipment can stay or go. Get in on the Castle Street downtown boom. Space for expansion of restaurant or outdoor entertainment.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County
Tax ID/APN: R05410-005-027-000,R05410-005-026-000,R05410-005-025-000,R05410-005-024-000
Zoning: MSMU
Retail Clientele: Family, Business, Tourist
Property Located Between: SW corner of 10th and Castle
Property Visibility: Excellent
Largest Nearby Street: Castle
Airports: ILM
Site Description: 156' frontage on Castle Street
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1950
Construction/Siding: Stucco
Sprinklers: None
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: MSMU
Lot Frontage: 156
Lot Depth: 89
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: PT LTS 1/2 Blk 81 Wilm, PT EM 1/2 Blk 81, PT E 1 Wilm Blk 81, BLK 81 E End 1 Wilm. Deed Books 1998 Page 455, 1758 Pg 1251, 2087 Pg 155, 1418 Pg 1155.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,491 47,014 124,950
Median Age: 37.29 35.46 36.48
Households: 6,221 21,831 53,584

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