1120 Princess St, Wilmington, NC 28401
For Sale
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This exceptional commercial property, located at 1120 PRINCESS Street in Wilmington, North Carolina, presents a unique investment opportunity. Boasting a generous 1,516 square feet of space, this property sits on a sizable 0.24-acre lot, offering ample room for expansion or outdoor utilization. The building's versatile "Other" classification allows for a wide range of potential uses, making it ideal for entrepreneurs and businesses seeking a flexible and adaptable space. The property's prime location in Wilmington provides excellent visibility and accessibility, placing it within easy reach of the city's vibrant commercial district and its diverse population. The asking price of $1,195,000 reflects the property's significant potential and strategic location. This is a rare chance to acquire a substantial commercial property in a thriving North Carolina market. The property's size and location make it suitable for a variety of commercial ventures, from retail spaces to offices, or even a combination of uses. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and permitted uses are readily available upon request. Don't miss this opportunity to secure a valuable asset in a dynamic and growing city.
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Soda Pop Gallery Art Gallery
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Seacoast Systems Inc (Bike/Boat/Book/etc) Store Home Decor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
UMX · Wilmington, NCWilmington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.