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2006 Princess Place Dr 5,636 SF Retail Building Wilmington, NC 28405 $495,000 ($87.83/SF)
Investment Highlights
- Close to dowtown Wilmington.
- High visibility.
Executive Summary
Unique redevelopment opportunity in highly desirable area close to Downtown Wilmington located on well-traveled connector road Princess Place Drive. Ample road frontage and great visibility. Close to Mary Bridgers and Bullock parks, the greenway, and Wilmington's Cape Fear Rugby facility/field. Neighborhood business uses appropriate / CB zoning. Property being sold in ''as is'' condition. Seller will consider owner financing. This property is a unique investment, in that flexibility and vision can be combined with a prime location, creating an opportunity to build equity, while potentially revitalizing the neighborhood and contributing to it's economic growth.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,636 SF
Building Class
C
Year Built
1964
Price
$495,000
Price Per SF
$87.83
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.32 AC
Zoning
CB - Neighborhood Commercial
Parking
10 Spaces (1.77 Spaces per 1,000 SF Leased)
Frontage
103’ on Princess Place Dr
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R04815-017-017-000 | Improvements Assessment | $316,300 |
| Land Assessment | $200,700 | Total Assessment | $517,000 |
Property Taxes
Parcel Number
R04815-017-017-000
Land Assessment
$200,700
Improvements Assessment
$316,300
Total Assessment
$517,000
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2006 Princess Place Dr
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