Princess Place Properties 2 Retail Properties Offered at $800,000 in Wilmington, NC
INVESTMENT HIGHLIGHTS
- Close to downtown 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. Two adjacent parcels with existing cement block buildings of 5636 sqft. and 2485 sqft, which hold the key to valuable land beneath. 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. Parcel ID's R04815-017-017-000, and R04815-017-016-000
PROPERTY FACTS
| Price | $800,000 |
| Price / SF | $103.52 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 7,728 SF |
| Total Land Area | 0.61 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2010 Princess Place Dr, Wilmington, NC 28405 | Retail | 2,666 SF | 1968 | - |
| 2006 Princess Place Dr, Wilmington, NC 28405 | Retail | 5,062 SF | 1964 | - |
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