Corner Mixed-Use
For Sale
Contact for pricing
Pending
502 S 16th Street, Wilmington, NC 28401
Corner parcel in an urban mixed-use district with an existing commercial building and additional development flexibility.
Property SizeContact for details
Days on Market143
Property Features for 502 S 16th Street
General Information
Standard status
Pending
Property subtype
Retail, Mixed Use
Listing Agency:
Intracoastal Realty Corp
(910) 512-2205
Listed By:
Jeff Hovis · License #234605
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 31 at 8:21PM
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 Intracoastal Realty Corp
Investment Insights
Based on property information with market context.
This 0.76-acre mixed-use property includes a 2,015-square-foot commercial building on a corner parcel. The site is located within an urban mixed-use district, providing a defined land-use setting for the existing improvement and future planning considerations.
The property permits building heights of 45 feet by right, with a maximum height of 75 feet available through a special use permit. Its corner positioning and existing commercial improvement support evaluation of both building expansion and redevelopment concepts.
The property permits building heights of 45 feet by right, with a maximum height of 75 feet available through a special use permit. Its corner positioning and existing commercial improvement support evaluation of both building expansion and redevelopment concepts.
Key Highlights
- 0.76‑acre corner parcel
- Existing 2,015 SF commercial building
- Located in an urban mixed‑use district
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
Explore this area
Business Placement
Demographics for 28401, NC
22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner parcel in an urban mixed-use district with an existing commercial building and additional development flexibility.
Where is this mixed-use property located?
The property is located at 502 S 16th Street Wilmington, NC.
What are key features of this property?
This property features: 0.76‑acre corner parcel; Existing 2,015 SF commercial building; Located in an urban mixed‑use district
