$415,000

1021 Kerr Avenue

Wilmington NC, 28403

Description

Stand alone building opportunity in excellent mid-town location close to everything Wilmington has to offer. Located only 5 minutes from UNCW and about 10-12 minutes from Wrightsville Beach, Historic Downtown & Landfall area. This property has approximately 15 parking spots, a loading dock and warehouse area, a pilon sign. The roof over the retail space was replaced with a TPO type roof in the last few years. Great property at a great price. Needs a little TLC and priced accordingly. Buy this building for your business and own your own space for less than renting. If purchased with a 4.5%, 15 year commercial loan the principal and interest portion of the loan would be $2,440 with approximately $1,300 of that payment going towards payment of principal or buy as solid investment and rent this property as a profitable investment. Well located and affordable stand alone buildings are hard to come by. Come see this property and profit from this excellent investment.

Details

MLS#100228377
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1983
Days On Site12

Features

SQ Feet4,920
Story(s)1
Units1
ZoningCB
Loading Form
Loading Form
Area Information
StateNC
CountyNew Hanover
CityWilmington
Zip Code28403
AreaNew Hanover
Listing VS Median (in 28403)
Price:
$415,000
low | high
Med:
$275,000
83.734939759036% of Average
SqFt:
4,920
low | high
Med:
1,000
100% of Average
$ / SqFt:
$84
low | high
Med:
$275
100% of Average
On Site:
12
low | high
Med:
92
13.04347826087% of Average
Listing Updated: 08/07/2020
Michael Otelsberg LogoMLS Number: 100228377
Listing Provided By:
Michael Otelsberg  of  Century 21 Sweyer Associates - Landfall
Copyright {{year}} NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.