20062010 Princess Place Active Save Request In-Person Tour Request Virtual Tour
Wilmington,NC 28405
$ 800000
- Bed
0 Bath
8212 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 8,212 sqft
Subdivision Green Acres
MLS Listing ID 100457447
Originating Board North Carolina Regional MLS
Year Built 1964
Lot Size 0.600 Acres
Acres 0.6
Lot Dimensions approx 198' x 153' x 198' x 128'
Property Description
Unique redevelopment opportunity in highly desirable area close to Downtown Wilmington located on well-traveled connector road Princess Place Drive. Two adjacent parcels with existing cement block buildings of 5636 sqft. and 2485 sqft, which hold the key to valuable land beneath. Ample road frontage and great visibility. Close to Mary Bridgers and Bullock parks, the greenway, and Wilmington's Cape Fear Rugby facility/field. Neighborhood business uses appropriate / CB zoning. Property being sold in ''as is'' condition. Seller will consider owner financing. This property is a unique investment, in that flexibility and vision can be combined with a prime location, creating an opportunity to build equity, while potentially revitalizing the neighborhood and contributing to it's economic growth. Parcel ID's R04815-017-017-000, and R04815-017-016-000
Location
State NC
County New Hanover
Community Green Acres
Zoning CB
Direction Drive south on Market St. towards downtown. Turn right onto 23rd street, and then left onto Princess Place. Property will be about 1/4 mile ahead on the left hand side.
Interior
Flooring Concrete,See Remarks
Exterior
Garage Asphalt,Concrete,On Site,Paved
Utilities Available City Water
Waterfront Description None
View Creek/Stream
Roof Type Flat
Building
Lot Description Open Lot
Foundation Slab
Sewer Municipal Sewer
New Construction No
Others
Tax ID R04815-017-017-000, R04815-017-016-000
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None