+/- 2,675 SF Office Building

Office for Sale
Catylist Listing ID: 30327514
Property Subtypes: Office Building
Building Size (RSF): 2,675 SF
Gross Land Area: 0.11 Acres
Sale Price: $450,000
Unit Price: $168.22 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 2,675 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/12/2018

Overview / Comments

Two-story +/- 2,675 SF office building located in the Historic District, in Downtown Wilmington, NC. The building is perfect for an owner-user or investment with 10 offices/rooms and a break area. Currently there are six tenants in place on short-term lease agreements and only one vacancy. The building has undergone numerous renovations since its’ construction in the late 19th century and was most recently renovated in 2008. The property features several off-street parking spaces.

Attachments & Media

Financials

Finance Data Year 2018
Potential Rental Income $43,800 (Annual)
Gross Operating Income $35,400 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: 3117-99-1315.000
Zoning: HD-MU

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,972 41,890 109,305
Median Age: 35.86 36.39 36.3
Households: 4,481 19,056 46,705
The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.