Property profile

109 Pier Master Pt Wilmington, NC 28412

OFF-MARKET
Warehouses
1,100 SF
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Property summary

AI-generated overview

This exceptional commercial opportunity presents a 1,100 square foot warehouse space located at 109 Pier Master Point 130, Wilmington, NC 28412. Currently operating as a thriving nail salon, this property offers immense flexibility. The asking price is $99,000, representing the sale of the established business, including all equipment and inventory. The real estate itself is leasehold, with favorable lease terms that are transferable to the new owner. Situated in the desirable River Lights area, this location benefits from proximity to numerous restaurants and bars, ensuring high visibility and foot traffic. The interior boasts a custom build-out and high-quality finishes, contributing to its popularity as a local favorite. The sale includes all existing equipment and inventory, allowing for immediate operation of the nail salon or a seamless transition to another retail or office use. The sellers are motivated to pursue other business ventures, making this a compelling investment opportunity for discerning buyers. The property is classified as industrial and commercial, offering a versatile space with significant potential. This is a business-only sale; the real estate is under a lease agreement.

Property profile

Verified
Property type Warehouses
Total area 1,100 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

109 Pier Master Pt Wilmington, NC 28412
Wilmington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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