1108 Princess ST Active Save Request In-Person Tour Request Virtual Tour
Wilmington,NC 28401
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,430 sqft
Price per Sqft $297
Subdivision 1158 Place
MLS Listing ID 100478327
Originating Board Hive MLS
Year Built 1950
Annual Tax Amount $8,193
Lot Size 0.690 Acres
Acres 0.69
Lot Dimensions 145x200
Property Description
Offering a remarkable opportunity for investment in The Soda Pop district of downtown Wilmington, NC. Built in 1950, this beautiful brick building at 1108 Princess Street is located on the intersection of 11th and Princess St just off Market St and a short walk from downtown.
The Soda Pop district is home to a number of establishments such as, Unleashed Fitness, Hi-Wire Brewing, Bowstring Burgers and Brewyard, Ibis Coffee and Cocktails, Hughes Brothers and many others that give this vibrant commercial district a diverse mix of businesses attracting both locals and visitors to the area.
With an increase in demand for commercial spaces in Wilmington, NC, this is an opportunity for investors to capitalize on significant growth potential and take part in one of the area's most desirable commercial districts with further opportunity for infill development.
Lease in place until 11/30/2033
Location
State NC
County New Hanover
Community 1158 Place
Zoning UMX
Direction 1108 Princess Street is located on the intersection of 11th and Princess St just off Market St
Interior
Heating Electric,Forced Air
Cooling Central Air
Exterior
Parking Features Public,Parking Lot,Attached,Additional Parking,Asphalt,Off Street,On Site,Paved
Utilities Available City Water,Comm Sewer
Roof Type Flat
Building
Lot Description Land Locked,Level,Corner Lot
Sewer Community Sewer
New Construction No
Others
Tax ID R04818-019-001-000
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None