813 S 16th Street, Wilmington, NC 28401

$1,040,000
7,125
SqFt
List Price
$1,040,000
Status
ACTIVE
MLS#
100234972
Days on Market
18
Year Built
1945
Half-baths
2
Living Area
7,125
Acres
0.93
Neighborhood
Not In Subdivision

Property Description

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.

Additional Information

Occupancy %
100.00
Manufacturing Square Feet
3673.00
Taxes
$6,423
Cooling
Central, Wall/Window Unit(s)
Heating
Electric, Heat Pump
Water Heater
Electric
Floors
Concrete, Laminate, Tile
Foundation
Crawl Space, Slab
Roof
Membrane, Metal
Exterior Finish
Block, Brick Veneer, See Remarks
Lot Water Features
None
Sewer
City Water, Municipal Sewer, Natural Gas Available

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Calculator source: Real Geeks

Listing courtesy of Intracoastal Realty Corp.

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