Property
Wilmington, NC 28401 1108 Princess Street
$3,395,000
30 more
Presented By: Haystack Realty Group
Home Details
Offering a remarkable opportunity for investment in The Soda Pop district of downtown Wilmington, NC. Built in 1950, this beautiful brick building at 1108 Princess Street is located on the intersection of 11th and Princess St just off Market St and a short walk from downtown.The Soda Pop district is home to a number of establishments such as, Unleashed Fitness, Hi-Wire Brewing, Bowstring Burgers and Brewyard, Ibis Coffee and Cocktails, Hughes Brothers and many others that give this vibrant commercial district a diverse mix of businesses attracting both locals and visitors to the area.With an increase in demand for commercial spaces in Wilmington, NC, this is an opportunity for investors to capitalize on significant growth potential and take part in one of the area's most desirable commercial districts with further opportunity for infill development.Lease in place until 11/30/2033Contact Agent: Andrew NorrisPhone: (910) 471-6615Email: [email protected]
Presented By: Haystack Realty Group
Interior Features for 1108 Princess Street
Other Interior Features
Miscellaneous: Current UseUnleashed Fitness
Ceiling Height20.00
List Price/SqFt297.03
General for 1108 Princess Street
CityWilmington
City LimitsYes
Cobra ZoneNo
CoolingCentral
CountyNew Hanover
Days on Market1
Geo Lat34.237272
Geo Lon-77.935102
HeatingForced Air
Listing Member NameKATIE HOLLOMAN
LocationGen Bus District, See Remarks
Location TypeMainland
Lot Sqft30056.00
New ConstructionNo
PossessionAt Closing
Property TypeG
RoofFlat
Sale/LeaseSale
Sale/Lease IncludesBuildings, Land
Special Assessmentsnone
StatusActive
Stipulation of SaleNone
Street NamePrincess
Sub-TypeCommercial, Mixed Use, Retail
Subdivision1158 Place
Tax Assessed Value941800.00
Tax Year2024
Terms1031 Exchange, Conventional, Cash
UtilitiesCity Water, Community Sewer, Comm Sewer
Year Built1950
ZoningUMX
current useRetail
Exterior for 1108 Princess Street
Lot Acres0.69
Lot DescriptionCorner Lot, Land Locked, Level
Lot Dimensions145x200
MLS Identifier20150918160742258811000000
Number of Parking Spaces45
Parking FeaturesAdditional Parking, Public, Paved, Parking Lot, On Site, Off Street, Attached, Asphalt
Road Type/Frontage2 - 3 Lanes, Maintained, Public (City/Cty/St)
SqFt - Total Available11080.00
Additional Details
Price History
Brian Inskip
North Carolina Coastal Real Estate Expert