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    Wilmington, NC
    Commercial Kitchen

    Wilmington, NC Commercial Kitchens for Sale

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    Navassa, NC Leland, NC Belville, NC
    Versatile Commercial Property Near Medical Clinic
    Updated: Sep 28, 2024
    Versatile Commercial Property Near Medical Clinic

    3101 Princess Place Drive, Wilmington, NC 28405

    $700,000
    3,598 sqft · 0.31 AC lot
    COMMUNITY BUSINESS zoning allows for diverse uses such as food truck commissary, hospitality, and medical offices.
    Prime location adjacent to Novant's Michael Jordan Medical Clinic.
    Substantial 3,598 heated square feet.
    Includes a full commercial kitchen with all FF&E conveying.
    Previously used as a daycare licensed for 84 children.
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    This listing looks promising.

    Here's a quick look at some key insights for

    3101 Princess Place Drive, Wilmington, NC 28405

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $37K
      Annual

    • Price @ 7% Cap

      $524K
      Suggested

    • Property Type

      Day Care, Pre-School (Commercial)
      Built 1997
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Wilmington, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Venue with Remodeled Home
    Versatile Venue with Remodeled Home

    2589 Sidney Cherry Grove Road, Clarendon, NC 28432

    $1,250,000
    3,569 sqft · 4.64 AC lot

    Unique property featuring a remodeled home and expansive event venue.

    View details
    Turnkey Barbecue Restaurant with Equipment
    Turnkey Barbecue Restaurant with Equipment

    3735 Oleander Dr., Myrtle Beach, SC 29577

    $125,000
    1,612 sqft · 0.10 AC lot

    Turnkey BBQ restaurant sale with included equipment, dining seating, and catering prep space for immediate operation.

    View details
    New Restaurant and Tap Room Building
    New Restaurant and Tap Room Building

    1920 Chapel Hill Rd., Durham, NC 27707

    $1,700,000
    4,125 sqft

    Brand-new 2018 bar and restaurant building with a full commercial kitchen, walk-ins, and a 30-tap draft system.

    View details
    Catering-Ready Restaurant Building
    Catering-Ready Restaurant Building

    2505 Whilden Dr., Durham, NC 27713

    $1,107,500
    5,000 sqft

    A 5,000 sf restaurant property featuring a full catering kitchen, suited for operators focused on on-site food preparation.

    View details

    Wilmington, NC Commercial Kitchens Market Trends and Statistics

    Explore 1 commercial kitchens for sale in Wilmington, NC on our real estate platform. These investment opportunities span a total of 3,598 square feet of properties for sale, with an estimated market value of $700,000.

    Sale prices for industrial kitchens in Wilmington, NC start at $700,000, averaging $700,000, and reaching up to $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 4
    Coffee shops 3
    Drive through restaurants 3
    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 212K
    Population Growth (5Y) +1.5%
    Median Household Income $74,239
    College Educated 30.2%

    High-Yield Neighborhoods for Investment

    Identify Wilmington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28405 $700K

    Taxes & Financing

    Tax Rate (average for all types) 0.75%
    Property Tax per SF $8.51 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in New Hanover County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Wilmington fall within the 100,000+ square foot range.

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