18 S Front St - Downtown - CBD

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30648287
Property Subtypes: Mixed Use, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 7,698 SF
Sale Price: $1,350,000
Unit Price: $175.37 PSF
Property Use Type: Investment
Usable Size (USF): 7,698 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/25/2021

Overview / Comments

FULLY LEASED 7,700+/- sq ft building in downtown Wilmington. Location on high profile S. Front St. Ground floor commercial space and upstairs includes three residential apartments. Pedestrian ally access for residential. New roof, new HVACs, recently remodeled interiors of all spaces.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R05308002009000
Zoning: CBD
Property Located Between: Market & Dock
Property Visibility: Excellent
Largest Nearby Street: S Front/Market
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Excellent
Year Built: 1923
Year Renovated: 2019
Parking Description: Street
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,591 40,353 111,724
Median Age: 36.07 36.3 36.35
Households: 3,914 18,467 48,452

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