Log In/Sign Up
1501 Castle St
Wilmington, NC 28401
Tile & Marble Outlet · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
8,300 SF
Building Class
C
Year Built/Renovated
1973/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.66 AC
Zoning
CS
Parking
75 Spaces (9.04 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Fenced Lot
About 1501 CASTLE ST , WILMINGTON, NC 28401
The building is leased for 5 years with one 5 year option. Lease is Triple Net. The lease is recorded in Register of Deeds Office as part of the public record. The tenant has been in business for 5 years and has an excellent plan for growth turning this into an excellent investment property with tremendous upside potential. The INTERNAL RATE OF RETURN AS WELL AS THE CAPITALIZATION RATE ARE EXCELLENT.
Property Taxes
| Parcel Number | R05406-036-002-000 | Improvements Assessment | $898,700 |
| Land Assessment | $208,000 | Total Assessment | $1,106,700 |
Property Taxes
Parcel Number
R05406-036-002-000
Land Assessment
$208,000
Improvements Assessment
$898,700
Total Assessment
$1,106,700
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
