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1120 Princess St 1,516 SF Retail Building Wilmington, NC 28401 $985,000 ($649.74/SF)
EXECUTIVE SUMMARY
Urban Mixed use property consisting of 10,411 SF(.239 acres) of land with a 1516 SF multipurpose building, 163 SF Greenhouse and 124 SF storage shed. In addition to the buildings, you have an open parking/storage area that is approximately 7900 SF. Ideally located on a corner, property has 131 Feet of rood frontage on Princess Street and 75 feet of frontage on N 12th Street. This property is located in the heart of the Soda Pop District. This building has houses restaurants, catering companies, Businesses, Art Facilities and, much more. The main building has a hood system and other food server equipment in place. The opportunities for this property are wide open.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,516 SF
Building Class
C
Year Built
1951
Price
$985,000
Price Per SF
$649.74
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.24 AC
Zoning
UMX - Mixed Use
Parking
10 Spaces (6.6 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Fenced Lot
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R04818-019-011-000 | Improvements Assessment | $270,600 (2025) |
| Land Assessment | $157,800 (2025) | Total Assessment | $428,400 (2025) |
PROPERTY TAXES
Parcel Number
R04818-019-011-000
Land Assessment
$157,800 (2025)
Improvements Assessment
$270,600 (2025)
Total Assessment
$428,400 (2025)
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1120 Princess St
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