$670,000
$695,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
1,988 SqFt
SOLD DATE : 06/28/2024
Key Details
Sold Price $670,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,988 sqft
Price per Sqft $337
Subdivision Downtown
MLS Listing ID 100399018
Sold Date 06/28/24
Originating Board North Carolina Regional MLS
Year Built 1919
Annual Tax Amount $1,685
Lot Size 3,659 Sqft
Acres 0.08
Lot Dimensions irreg
Property Description
Welcome to 1125 N 4th St in Historic Downtown Wilmington! This exceptional investment opportunity presents itself as a true gem. Currently leased long term. This property offers the savvy investor a chance to secure a consistent and hassle-free stream of income for years to come.
Strategically located on a prominent corner lot, this property boasts unparalleled exposure in a prime location. As you contemplate the future potential of this property, envision the possibility of constructing upward, unveiling captivating views of the majestic Cape Fear River that could grace the horizon.
With just under 2000 square feet of versatile space, this property offers ample room for various creative endeavors. An inviting outdoor area beckons, providing a tranquil space for relaxation or potential expansion. A convenient small parking pad adds to the property's allure, ensuring accessibility for occupants and guests alike.
Nestled within the charming Brooklyn Arts District, this property immerses you in the vibrant energy of the Wilmington brewery trail and the eclectic offerings of downtown living. Imagine the convenience of being mere steps away from a myriad of cultural attractions, entertainment venues, and culinary delights that make downtown Wilmington truly exceptional.
Don't miss out on this remarkable investment opportunity that seamlessly combines long-term stability with the potential for future growth. Acquire 1125 N 4th St today and embrace the allure of Historic Downtown Wilmington's rich heritage and thriving modern lifestyle. Your future as a discerning investor starts here!
Location
State NC
County New Hanover
Community Downtown
Zoning CBD
Direction From N. 3rd Street head north, turn right onto Harnett Street and turn Left onto N. 4th Street. Property will be on your left.
Rooms
Basement None
Interior
Heating Electric, Forced Air, Heat Pump
Cooling Central Air
Flooring Concrete
Exterior
Parking Features On Site
Roof Type Membrane,Flat
Building
Lot Description Corner Lot
Foundation Slab
New Construction No
Others
Tax ID R04809-016-010-000
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Special Listing Condition None
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5960 Fairview Rd Ste. 400, Charlotte, NC, 28210, United States