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Mixed-Use Property with Workshops
For Sale
$850,000

102 Ritter Drive, Castle Hayne, NC 28429

Four buildings provide residential space, garage areas, a studio apartment, and a woodworking shop.

Property Size1,188 SF
Price / SF$715.49
Days on Market47

Property Features for 102 Ritter Drive

General Information

Standard status Active
Size 1,188 SF
Property subtype Commercial
Zoning I-1

Building Details

Building Size 1,188 SF
Year Built 1913
Buildings 4
Listing Agency: Coldwell Banker Sea Coast Advantage-Midtown
Listed By: Wade S Wilson · License #253396
Source: Gibbseliterealty
Added: Sep 14 Changed: Oct 26 Last Checked: Oct 29 at 10:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Sea Coast Advantage-Midtown

Rey
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Investment Insights

Based on property information with market context.

The property spans just over an acre and includes four buildings. One is a two-bedroom house measuring 1,400 square feet. A 4,000-square-foot multipurpose building has garage areas and a studio apartment, while a separate 3,200-square-foot building is configured as a woodworking shop. A small shed is also on the property.

Zoned I-1, the site is minutes from downtown and sits across from Tinga Nursery.

Key Highlights

  • Four buildings on just over an acre
  • 4,000‑square‑foot multipurpose building with garage areas and a studio apartment
  • 3,200‑square‑foot woodworking shop

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Auto Parts Store HVAC Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby

Demographics for 28429, NC

8,802
Population
3,906
Households
2.3
Avg Household Size
43
Median Age
25%
College-Educated
89%
High-School Grad
39.7 sq mi
ZIP Area
222
Density / Sq Mi
$73,259
Median Household Income
$37,337
Median Earnings
$870
Median Rent
$231,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four buildings provide residential space, garage areas, a studio apartment, and a woodworking shop.
Where is this mixed-use property located?
The property is located at 102 Ritter Drive Castle Hayne, NC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four buildings on just over an acre; 4,000‑square‑foot multipurpose building with garage areas and a studio apartment; 3,200‑square‑foot woodworking shop
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