Fountain Drive Commercial Condo For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30153161
Building Size (RSF): 1,850 SF
Sale Price: $204,500
Unit Price: $110.54 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,850 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/2/2018

Overview / Comments

1,850 SF +/- Two story commercial condo available for sale at 4520 Fountain Drive, Wilmington, North Carolina. This property is located just off of College Road and South Kerr Avenue with close proximity to The University of North Carolina at Wilmington (UNCW). The center was constructed in 1986 and the condo has been used by the seller as a photography studio since 2002. The layout is conducive for retail or an open office floor plan with approximately 1,350 SF on the lower level with reception area, large open room, office and restroom and approximately 500 SF on the second level which offers an open work area with additional storage space. This sale will need to be court approved. Please schedule any and all tour through the listing broker.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: Wilmington/New Hanover County
Tax ID/APN: R05515-002-003-013
Zoning: CB-COMMUNITY BUSINESS
Property Located Between: S. College Road and S. Kerr Avenue
Property Visibility: Good
Number of Stories: 2
Property Condition: Good
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: CB - Community Business
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 1 ST JAMES MERCANTILE II

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,468 79,115 141,645
Median Age: 27.97 35.06 36.85
Households: 6,960 34,125 61,287
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