This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1120 Princess St
Wilmington, NC 28401
Land For Sale
·
0.25 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.25 AC |
| Property Subtype | Commercial | ||
| Zoning | UMX | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.25 AC |
| Zoning | UMX |
DESCRIPTION
This offering is comprised of the very popular Parchies restaurant which recently closed after a very long and successful run due to the owners retirement. The 1540 sf restaurant building can be reopened as a restaurant with full bar and includes a hood system. 7,885 sq feet of the lot will be included with this offering. With the recent announcement of the purchase of several of the old Coca-Cola properties the Soda Pop District is now slated to see a drastic revitalization. Hi-Wire brewing is already in full swing in their new space and a new pizza restaurant will soon open their doors in the same building. Two more breweries are already contracted to open in the District. And not to forget about Folks Cafe across Princess St. from the property, that has always been a community mainstay. Discussions are already underway with several chef inspired restaurants. This offers a rare opportunity for the right buyer to generate income as leased immediately or create their own vision in what will soon be one of Downtown Wilmington's hottest Districts!
PROPERTY TAXES
| Parcel Number | R04818-019-012-000 | Improvements Assessment | $5,000 |
| Land Assessment | $271,800 | Total Assessment | $276,800 |
PROPERTY TAXES
