This Commercial Property is located in the City of Wilmington's Commercial Services District. Property consists of two separate structures totaling 7,125 SF positioned one of two combined parcels consisting of approximately 40,502 SF(.93 acres). The building close to S 16th street is made up of Retail/Office/Activity Space of 3,452 SF. This space is currently the home of Port City Escape Room. The business is not included in the sale of real estate and is still operating and will relocate. On the east side of the property there is a Warehouse Space consisting of 3,673 SF with a loading dock and wide open work areas. The property adjoining to the south, that is on Dawson Street, is a .54 acre clear lot currently used as a parking lot that is in addition to the parking on the north side of the property.This property is located near a high traffic, well defined, traffic light controlled,high visibility intersection. This property is within minutes of Downtown, Hospital Corridor, Container District, Castle Street, Mid-town and many residential neighborhoods.The commercial service district zoning opens up the potential development of this site. The upgrades to the existing buildings and the access to parking enable a business to move right in or enable an investor to lease to multiple tenants at a nice return. The opportunity is wide open.
Listing courtesy of Intracoastal Realty Corp.
Copyright 2020 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.