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Wilmington Redevelopment Opportunity

2006 Princess Place Drive Wilmington, NC 28405

2006 Princess Place Drive, Wilmington, NC, 28405
$499,000
For Sale
$499,000

COMMERCIAL - Wilmington, NC

Property Size5,636 SF
Lot Size0.33 Acres
Price / SF$88.54
Days on Market156

Property Features for 2006 Princess Place Drive

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
CB-COMMUNITY B
Parking features
Off Street
Standard status
Active
APN
R04815-017-017-000
Lot size
0.33 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 100X142AV PRINCESS PL
Tax Annual Amount
3043

Utilities

Utilities
Water Available
Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1965
Flooring type
Concrete
Building materials
Block
Roof type
Tar/Gravel, Flat, Membrane
Listing Agency Intracoastal Realty Corporation
1900 Eastwood Road, Suite 38, Wilmington, NC
Listed by Sarah N Busalachi · License #334591
Added: Feb 13 Checked: Jul 19 at 4:06 pm
MLS# 100554420

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property presents a unique redevelopment opportunity in a highly desirable area near Downtown Wilmington. It is situated on Princess Place Drive, a well-traveled connector road. The property includes an existing 5636-square-foot cement block building, which holds the key to valuable land beneath. The site offers ample road frontage and great visibility. It is located close to Mary Bridgers and Bullock parks, the greenway, and Wilmington's Cape Fear Rugby facility/field. Neighborhood business uses are appropriate due to the CB zoning. The building is being sold as-is, and asbestos abatement is roughly 90% complete. The lot size is 0.33 acres.

Key Highlights

  • Cement block building totaling 5,636 SF, built in 1965
  • Public water and public sewer available
  • Flat roof with membrane and tar/gravel roofing materials

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Dental Office Real Estate Agency Building Supply Nail Salon Spa & Massage Center Skin Care Clinic Parking Lot & Garage Pharmacy Accounting Firm Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Redevelopment opportunity near Downtown Wilmington with existing building.
Where is this commercial land located?
The property is located at 2006 Princess Place Drive Wilmington, NC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Cement block building totaling 5,636 SF, built in 1965; Public water and public sewer available; Flat roof with membrane and tar/gravel roofing materials
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