Wilmington, NC 28405,20062010 Princess Place
Wilmington, NC 28405,20062010 Princess Place
Wilmington, NC 28405,20062010 Princess Place
Wilmington, NC 28405,20062010 Princess Place
Wilmington, NC 28405,20062010 Princess Place
Wilmington, NC 28405,20062010 Princess Place
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$ 800,000

8,212 SqFt


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$ 800,000
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8,212 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

Parking Features 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

Hive MLS / (NCRMLS)
Listed by Intracoastal Realty Corp
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20062010 Princess Place