1-800-867-7245

221 N 2nd Street $3,075,000

MLS#: 100272627
Address: 221 N 2nd Street
City / Zip: Wilmington, NC 28401
Type: Commercial / MixedUse

0.27

Lot Size

1913

Year Built

City

Overview

Click the main image above for larger images

Great Investment and development opportunity right in the heart of Wilmington's Central Business District. This 12,528 square foot office building has been the home of a number of Wilmington's well known businesses and is currently occupied by a long-term tenant. The two-story structure sits on just over .27 acres of prime land, right downtown. The location is near shopping, restaurants, hotels, government offices, courthouse, and is surrounded by new development. Adjoining the building is a parking lot that provides convenience to the office and opens up a development opportunity too. The central business district zoning permits a wide range of uses and business classification by right. This property is an ideal candidate for additional in-fill that could substantially increase the usable foot print. The current code allows building height of 100 feet by right and 132 feet with a special use permit. Having the ability to build right up to the lot line further advances the building scale and footprint that could be achieved.A mixed use style structure combined with the existing well-maintained building opens up the opportunity for growth. Many upgrades and improvements to this property makes this a solid investment and an income generating opportunity.

This listing is provided courtesy by Jeffrey G Hovis, Intracoastal Realty Corp

Map

Map may not be 100% accurate.

Amenities

    Property Amenities

    • Interior Features

      • Delivery Door
      • Elevator - Freight
      • See Remarks
    • Flooring

      • Carpet
      • Concrete
      • Tile
    • Appliances

      • Delivery Door
      • Elevator - Freight
      • See Remarks
    • Cooling

      • Central
      • See Remarks
    • Heating

      • Electric
    • Roof

      • Membrane
    • Exterior Features

      • City Water
      • Municipal Sewer
      • Brick/Stone
    • Parking

      • Off Street
      • Paved
    • Lot Water Features

      • None
    • Waterview / Front

      • None

Want To Know More About This Listing?

Fill out the form below to get more information.

*
*
*
*
*

Additional Information

Sign Up to Receive Latest Sales Market Data for Topsail Island