Seller Financing
Address
1107 Princess Street Wilmington, NC
Price
$ 1,125,000
Property Attributes
  • MLS#100205059
  • TypeCommercial
  • CountyNEW HANOVER
  • CityWilmington
  • AreaNot In Subdivision
  • NeighborhoodWilmington
  • Zip28401
  • StyleMixed Use,Office,Retail,Self Storage,Warehouse
  • Year Built1948
  • Taxes$ 2051
  • Price$ 1,125,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3406
  • Lot Size0.51 Acres
Listing Provided Courtesy Of:
Intracoastal Realty Corp
Data Source:
Cape Fear REALTORS
Property Description

Three adjoining properties located in the middle of the developing Soda Pop District. The lots have a combined land size of 22,325 SF with two buildings totaling 3,406 Square Feet. 1107 Princess Street has an open floor plan and 1109 Princess Street is currently leased by a church. The two adjoining structures could be re-purposed or the entire site could be utilized for a new development. 1107 Princess was a laundromat and has already paid tap fees. The UMX zoning district permits building height of 45 feet by right. The Urban Mixed Use zoning provides a wide range of uses. Neighboring properties are also available to expand the foot print even more. This area is surrounded by increasing residential home development/renovation, newly developing businesses, schools, shops and a quick walk to Historic Downtown Wilmington.

Price History
3/25/2021 Listed $1,125,000

General Features

Airport Less than 5 Miles
Basement None
City Limits Yes
Construction Block
County New Hanover
Days on Market 378
Flooring Carpet, Concrete
HOA No
HOA Amenities No Amenities
Location See Remarks
New Construction No
Property Type G
Roof Membrane
Status Active
Stipulation of Sale None
Sub-Type Mixed Use, Office, Retail, Self Storage, Warehouse
Subdivision Not In Subdivision
Tax Year 2019
Terms Cash, Conventional, Seller Financing
Utilities Municipal Sewer, Municipal Water
Water Heater Electric, Natural Gas
Year Built 1948
Zoning UMX

Interior Features

Attic None
Ceiling Height 9.00
Cooling System See Remarks
Heating Electric, Natural Gas

Exterior Features

Exterior Finish Block, Brick
Foundation Slab
Lot Acres 0.51
Lot Description See Others
Lot Dimensions 133 x 168
Lot Water Feature None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 28401

Price
AVG $1.3M
$1.13M
Taxes
AVG $6,683
$2,051
Visits
AVG 22
13
Year Built
AVG 1928
1948
Walkscore
AVG 69
79
Data Provided by Walkscore ® not using MLS data

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