Wilmington, NC 28401,1108 Princess ST
Wilmington, NC 28401,1108 Princess ST
Wilmington, NC 28401,1108 Princess ST
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$3,395,000
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11,430 SqFt
Active

1108 Princess ST Wilmington, NC 28401

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Stephanie Smith

UPDATED:

12/03/2024 08:25 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,430 sqft

Price per Sqft $297

Subdivision 1158 Place

MLS Listing ID 100478327

Originating Board Hive MLS

Year Built 1950

Annual Tax Amount $8,193

Lot Size 0.690 Acres

Acres 0.69

Lot Dimensions 145x200

Property Description

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 11/30/2033

Location

State NC

County New Hanover

Community 1158 Place

Zoning UMX

Direction 1108 Princess Street is located on the intersection of 11th and Princess St just off Market St

Interior

Heating Electric, Forced Air

Cooling Central Air

Exterior

Parking Features Public, Parking Lot, Attached, Additional Parking, Asphalt, Off Street, On Site, Paved

Utilities Available City Water, Comm Sewer

Roof Type Flat

Building

Lot Description Land Locked, Level, Corner Lot

Sewer Community Sewer

New Construction No

Others

Tax ID R04818-019-001-000

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None


Hive MLS / (NCRMLS)
Listed by Haystack Realty Group

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Stephanie Smith

Broker | License ID: 327498

+1(910) 777-3793

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1108 Princess ST