$1,125,000

1107 Princess Street

Wilmington NC, 28401

Description

Three adjoining properties located in the middle of the developing Soda Pop District. The lots have a combined land size of 22,325 SF with two buildings totaling 3,406 Square Feet. 1107 Princess Street has an open floor plan and 1109 Princess Street is currently leased by a church. The two adjoining structures could be re-purposed or the entire site could be utilized for a new development. 1107 Princess was a laundromat and has already paid tap fees. The UMX zoning district permits building height of 45 feet by right. The Urban Mixed Use zoning provides a wide range of uses. Neighboring properties are also available to expand the foot print even more. This area is surrounded by increasing residential home development/renovation, newly developing businesses, schools, shops and a quick walk to Historic Downtown Wilmington.

Details

MLS#100205059
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1948
Days On Site251

Features

SQ Feet3,406
Story(s)1
ZoningUMX
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Area Information
StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
AreaNew Hanover
Listing VS Median (in 28401)
Price:
$1,125,000
low | high
Med:
$248,600
100% of Average
SqFt:
3,406
low | high
Med:
1,139
100% of Average
$ / SqFt:
$330
low | high
Med:
$223
82.366046387022% of Average
On Site:
251
low | high
Med:
53
100% of Average
Listing Updated: 10/26/2020
Jeffrey G Hovis LogoMLS Number: 100205059
Listing Provided By:
Jeffrey G Hovis  of  Intracoastal Realty Corp
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