Unique redevelopment opportunity in highly desirable area close to Downtown Wilmington located on well-traveled connector road Princess Place Drive. Two adjacent parcels with existing cement block buildings of 5636 sqft. and 2485 sqft, which hold the key to valuable land beneath. Ample road frontage and great visibility. Close to Mary Bridgers and Bullock parks, the greenway, and Wilmington's Cape Fear Rugby facility/field. Neighborhood business uses appropriate / CB zoning. Property being sold in ''as is'' condition. Seller will consider owner financing. This property is a unique investment, in that flexibility and vision can be combined with a prime location, creating an opportunity to build equity, while potentially revitalizing the neighborhood and contributing to it's economic growth. Parcel ID's R04815-017-017-000, and R04815-017-016-000
MLS# | 100457447 |
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Listing Type | For Sale |
Status | Active |
Year | 1964 |
Days On Site | 106 |
Listing Provided By | Intracoastal Realty Corp | Sarah N Busalachi |
N/A | 8,212 |
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Zoning | CB |
Acreage | 0.60 |
Property View | Creek, Stream |
State | NC |
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County | New Hanover |
City | Wilmington |
Zip Code | 28405 |
Area | New Hanover |
Community Name | Green Acres |
Listing VS Median (in Green Acres) | |
Price: $800,000 low | high Med: $472,500 SqFt: 8,212 low | high Med: 4,574 $ / SqFt: $97 low | high Med: $126 On Site: 106 low | high Med: 58.000000 |