Property profile

226 Front St Wilmington, NC 28401

OFF-MARKET
Commercial real estate
4,166 SF 0.08 ac lot Built 1890
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Property summary

AI-generated overview

This exceptional commercial property, located at 226 S FRONT Street in the heart of Wilmington, NC, presents a unique investment opportunity. Boasting 4,166 square feet of versatile space, this general commercial building sits on a conveniently sized 0.08-acre lot. Its central downtown Wilmington location offers unparalleled access to a thriving business district, ensuring high visibility and foot traffic. The property's substantial size allows for a wide range of commercial uses, making it ideal for businesses seeking a prominent presence in a bustling urban environment. The asking price of $750,000 reflects the property's prime location and significant potential for return on investment. This is a rare chance to acquire a well-situated commercial property in a rapidly growing area of Wilmington. The property's size and location make it suitable for a variety of businesses, from retail establishments to professional offices. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further details regarding zoning and permitted uses are available upon request. Don't miss this opportunity to establish your business in a highly desirable and accessible location.

Property profile

Verified
Property type Commercial real estate
Year built 1890
Total area 4,166 SF
Lot 0.08 ac (3,485 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Association / Organization
  • General Contractor
  • Electrical Service General Contractor
  • Training Center Tutoring Service
  • Charitable Organization Social Service Agency

Location

226 Front St Wilmington, NC 28401
Wilmington metro
Google Maps

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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