Two Properties!1) Vacant, cleared parcel at 1024 S college road in PRIME location. 1024 S. College has many different possibilities of use with tons of road frontage visibility in a high density area. This property is about .18 OUTLINED in RED.2) 1028 S college(to the left of outlined in red lot) beside it also for sale as its the same owner as 1024. 1028 has a brick property that is being used and is currently leased with a NNN lease agreement. This property sits on approx .24 Both lots have a recorded easement to Kerr ave.Total lot size between both lots about .42 of an acre on one of the busiest streets in Wilmington with tons of drive by traffic!Seller is willing to offer seller financing with a 30-35 percent down payment as well. Buy 1 or buy both. Reach out for more details!
This highly visible, income producing property, is located on Market Street in the Ogden/Porters Neck area of Wilmington NC. With approximately 90 ft of road frontage, the property consists of a 2200 +/- SF building on a .19 acre lot.
This site is located behind Kellem Law Firm one lot down from the intersection of Market Street (US Highway 17) and Wilmington Ave. This is a full access light.The property is zoned per Wilmington LDC as Commercial Services. For more information please reach out to the City of Wilmington to understand the wide array of by-right uses allowed.This parcel is rectangular in configuration. Its immediate neighbors are a mini storage to the rear, Kellum law firm to the north and The Warehouse to the west.This parcel has some structures on it. Seller makes no representation as to their condition. Value is in the land.With its midtown location this site is in an area where you are minutes to anywhere. The History of Wilmington AVE/ Jacksonville Ave are mostly flex in nature with Auto Repair, Animal Care, Ministorage, and retail uses. Since they don't really make rectangular parcels in Wilmington anymore this site is a must have if you are looking to purchase and build in Midtown.
Courtesy: REIT Place, llc
Unique and rare investment property in the historic downtown Wilmington. Renovated Mid 1800s building with Upgrades. Nestled in the prime downtown district of one of the city's top TEN high-appreciating neighborhoods, these iconic buildings offer a blend of vintage charm and modern potential. With mixed-use and multifamily spaces, this portfolio promises a lucrative venture in a thriving location, combining history with strategic commercial opportunities. Leased under market rates with 1 Vacant unit left vacant for owner occupancy or Vacation Rental/Airbnb. Properties can be sold TOGETHER as a portfolio deal. See 2617 Market St (MLS 10008535) for second property.
Bonham Bay Townhomes are conveniently located in the Mid-Town area of Wilmington North Carolina. This multifamily investment is currently 100% occupied. Bonham Bay Townhomes consists of 11 townhome units, all of which are approximately 1,000 square feet in size. Each unit has two bedrooms, two full bathrooms, powder room, private entry, outdoor patio, and off-street parking. The property is located close to Downtown Wilmington, UNCW, CFCC, Shopping, Entertainment, Medical Services, Public Transportation, Beaches and so much more. The current owners have upgraded the units, stabilized rents, and opened the opportunity to grow this investment. Property is currently managed professionally, and operations are turnkey for the next investor. The Multifamily zoning classification opens development opportunities. Complete financial information is available from the listing agent.
PRICE ADJUSTMENTS. For sale: Office and Professional space, currently utilized as a medical office. This property features 6 offices, 2 spacious conference rooms, a large front office, a reception/waiting area, kitchenette, 3 bathrooms, and ample parking with 24 spaces. New roof late 2021Zoned as Office and Institutional (O&I).
This charming condo located in the heart of the Central Business District can be used as either a commercial or residential unit. Currently set up as a salon but could be easily converted to a law office, a shop or air bnb. You will be steps from the Wilmington Riverwalk and enjoy being in the mix of many activities the city has to offer.
Package of ten condos in a great community in PRIME location of Wilmington, North Carolina. Each unit has 3 beds/3 baths and is located less than a mile to the UNCW campus. Within a mile to plenty of shopping and less than 5 mins to the beach! Spacious bedrooms all with their own private bathrooms and walk-in closets. Ideal as investment properties. All properties currently below market value. How dues are 2400/year for each unit. Property taxes are close to 20k in total. Each property should be able to rent for 2100-2200. 4 units recently vacant and have been turned and ready for rent to be increased. NOI with pro forma is roughly 225k annually. Reach out for more information!370 S. Kerr Ave. Unit 105 Wilmington, NC 28403 ((tenant occupied until 4/2024) 370 S. Kerr Ave. Unit 106 Wilmington, NC 28403 370 S. Kerr Ave. unit 103 Wilmington, NC 28403 (no washer/dryer) 370 S. Kerr Ave. unit 104 Wilmington, NC 28403 (tenant occupied until 10/14/2023, $1,800) 370 S. Kerr Ave. unit 304 Wilmington, NC 28403 (tenant occupied until 11/11/2023, $1,745) 376 S. Kerr Ave. unit 302 Wilmington, NC 28403 (fresh paint for entire unit) 376 S. Kerr Ave. unit 304 Wilmington, NC 28403 (tenant occupied until 2/15/2024, $1,575) 376 S. Kerr Ave. unit 305 Wilmington, NC 28403 376 S. Kerr Ave. unit 101 Wilmington, NC 28403 (fresh paint for entire unit, no washer/dryer) 376 S. Kerr Ave. unit 102 Wilmington, NC 28403 We have a total of 10 units in this complex for sale. Possibly more in the future as a package!
Unique commercial property located close to the Cargo District and the Castle Street Arts District. This property is positioned at the corner of Castle and 12th Street. The property is zoned UMX and consist of approximately a total of 4,563 SF of usable space. The downstairs is 3,108 SF and the upstairs is 1,455 SF. There is access to the building from the front, side and rear of building. This property is a prime opportunity for redevelopment or repurposing for a mixed use style project.
High profile corner commercial building located in heart of CBD in historic Downtown Wilmington. Gutted and ready for upfit. Off street parking in rear. Two level with one access on Front & one on Grace St.
2.3 acre +/- development site on Carolina Beach Road near the intersection with Independence Blvd. The property has excellent frontage and visibility with an average daily traffic count of more than 28,000 vehicles per day on Carolina Beach Rd. Perfect site for drive-thru restaurant, quick-lube, or retail development.
Duplex in Castle Street Antique District, a vibrant district known for hosting pub crawls and block parties. This is what Wilmington is about! This well maintained property has an eagle's eye view of all the action and is just two to four blocks to restaurants, unique shops, a wine shop, coffee house and a yoga studio. It's also along the Port City Trolley route (Castle St/5th Ave stop). Each one bedroom unit has covered parking, its own storage area, covered front porches and comes completely furnished making it ready to go for short-term rentals. There is a shared laundry room, picnic/grill area and the outdoor storage is large enough for kayaks, making it a perfect beach getaway. Its sister unit 710 Cronely Alley is also available for purchase.
Duplex in Castle Street Antique District, a vibrant district known for hosting pub crawls and block parties. This is what Wilmington is about! This well maintained property has an eagle's eye view of all the action and is just two to four blocks to restaurants, unique shops, a wine shop, coffee house and a yoga studio. It's also along the Port City Trolley route (Castle St/5th Ave stop). Each one bedroom unit has covered parking, its own storage area, covered front porches and comes completely furnished making it ready to go for short-term rentals. There is a shared laundry room, picnic/grill area and the outdoor storage is large enough for kayaks, making it a perfect beach getaway. Its sister unit 714 Cronely Alley is also available for purchase.
Welcome to 1125 N 4th St in Historic Downtown Wilmington! This exceptional investment opportunity presents itself as a true gem. Currently leased long term. This property offers the savvy investor a chance to secure a consistent and hassle-free stream of income for years to come.Strategically located on a prominent corner lot, this property boasts unparalleled exposure in a prime location. As you contemplate the future potential of this property, envision the possibility of constructing upward, unveiling captivating views of the majestic Cape Fear River that could grace the horizon.With just under 2000 square feet of versatile space, this property offers ample room for various creative endeavors. An inviting outdoor area beckons, providing a tranquil space for relaxation or potential expansion. A convenient small parking pad adds to the property's allure, ensuring accessibility for occupants and guests alike.Nestled within the charming Brooklyn Arts District, this property immerses you in the vibrant energy of the Wilmington brewery trail and the eclectic offerings of downtown living. Imagine the convenience of being mere steps away from a myriad of cultural attractions, entertainment venues, and culinary delights that make downtown Wilmington truly exceptional.Don't miss out on this remarkable investment opportunity that seamlessly combines long-term stability with the potential for future growth. Acquire 1125 N 4th St today and embrace the allure of Historic Downtown Wilmington's rich heritage and thriving modern lifestyle. Your future as a discerning investor starts here!
Are you looking for a great investment in a great location at a great value? Or, you can owner occupy and lease out some or all of the other Office spaces. This multi-purpose building has been completely renovated from top to bottom: new roof, new HVAC units, new plumbing and plumbing fixtures, updated wiring and light fixtures as well as new flooring throughout. There are currently 6 office spaces, a smaller Conference Room (which can be used as a Podcast Room) one large open space with a larger Conference Room attached. This building has great functionality: 4 rest rooms, a full kitchen with a gas stove, microwave, dishwasher and a sink; there is also nice Wet Bar in the larger Conference Room and two separate great outdoor spaces! Great Location, a very high daily traffic count, close to downtown Wilmington, NC, close to hospital, medical facilities and shopping centers.
Property is located in the middle of downtown Wilmington. The land footprint is .41 acres (17,795 sq ft). The parcel has about 132.07 feet of frontage on North 3r Street. The property is location in the CBD (Central Business District). By right you can build up to 100 Feet. This property is located close to the Courthouse, City of Wilmington Building, hotels, banks, Office Buildings, Convention Center and many local business and residential areas. There is a one Story 8,141 sq. ft. building onsite. Per the City of Wilmington, this building is not a contributing structure so it can be utilized or removed/demo for a complete re-development of this prime location in Wilmington's Central Business District.
Property is located in the middle of downtown Wilmington. The land footprint is .41 acres (17,795 sq ft). The parcel has about 132.07 feet of frontage on North 3r Street. The property is location in the CBD (Central Business District). By right you can build up to 100 Feet. This property is located close to the Courthouse, City of Wilmington Building, hotels, banks, Office Buildings, Convention Center and many local business and residential areas. There is a one Story 8,141 sq. ft. building onsite. Per the City of Wilmington, this building is not a contributing structure so it can be utilized or removed/demo for a complete re-development of this prime location in Wilmington's Central Business District.
Great Investment opportunity on the Oleander Corridor. Prime location with the municipal golf course in back of property. Property has 2 buildings and an apartment. Income could be from renting buildings separately or together and from the 1 bedroom apartment with full kitchen, bath and walk in closet.Front building has been totally renovated within the past few years. A truly showcase property. Ample parking. Business is not for sale, only property. Owner of property is the business owner. They would be interested in leasing back space. If buyer wants to occupy property, ample time will need to be given to seller to vacate property.
This property is being sold in conjunction with 3512 N. Kerr Avenue for a total of 1.08 acres of prime commercial development at a highly desirable location (Parcel IDs R03315-001-005-000 and R03315-001-004-000). Home on property is occupied by tenants and is not accessible, being sold for land value.These two lots can be combined with the corner frontage property at 2604 Castle Hayne Road for additional amount.
This property is being sold in conjunction with 3516 N. Kerr Avenue for a total of 1.08 acres of prime commercial development at a highly desirable location (Parcel IDs R03315-001-005-000 and R03315-001-004-000). Home on property is occupied by tenants and is not accessible, being sold for land value.These two lots can be combined with the corner frontage property at 2604 Castle Hayne Road for additional amount.
