1921 Carolina Beach Rd. & 509 Tennessee Ave. (Combined Offering)

Retail-Commercial for Sale
Catylist Listing ID: 30368018
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 3,296 SF
Sale Price: $295,000
Unit Price: $89.50 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 3,296 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 2/5/2019

Overview / Comments

Excellent opportunity to own two stand-alone buildings close to booming downtown Wilmington.

The 1921 Carolina Beach Road property once housed a bakery business and most recently has operated as a market/deli. It offers great roadside frontage.

Both properties are zoned CS, Community Service (New Hanover County) and offer onsite parking.

Properties are located near the Carolina Beach Road corridor and close Greenfield Lake, Sunset Park, State Ports, Legion Stadium and Historic Downtown Wilmington.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R06005-017-004-000; R06005-017-006-000
Zoning: CS COMMUNITY SERVICE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,682 52,758 121,301
Median Age: 41.4 37.14 36.6
Households: 3,269 24,403 52,338

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