RD FRONT BUILDING DOWNTOWN WILM, BUILD UP TO to 100 ft height OR MORE

Retail-Commercial for Sale
Catylist Listing ID: 30739831
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Movie Theatre, Post Office, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 4,012 SF
Gross Land Area: 0.23 Acres
Sale Price: $1,550,000
Unit Price: $386.34 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 4,012 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/18/2021

Overview / Comments

This is a fabulous location with a building height of 100 ft allowed as is, now, or if you go higher, you can go to 132 ft but you would have to increase your set back by 8 ft. This location can support anything from building a high rise, to just using existing 4,000 sq ft building as in now with any business you want just about. Then you can build up later.
Great buy for this property. Owner will lease back for a while if needed, but preferred.

NOTE, Please don't go by location with out me scheduling an appt. first. Employees are there working.
Thank You

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04813-032-003-000
Zoning: CBD
Retail Clientele: General, Business, Traveler, Tourist, Recreation, Convention
Property Visibility: Excellent
Largest Nearby Street: 3rd
Highway Access: directly from 3rd street, plenty of parking
Airports: 10 mins
Site Description: Road Front Building Approx 4000 sq ft building with parking and a fenced in area for storage etc, another building, etc.
Area Description: Main down Town area.
Year Built: 1964
Parking Description: some public and A lot of on site parking
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,788 40,325 103,578
Median Age: 35.41 36.7 35.84
Households: 3,130 18,279 44,459
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