1108 Princess St Wilmington, NC 28401-4336
- Strip malls
- 11,080 SF
- 0.69 lot acres
Current Use by Public Records
- Unleashed Fitness / Gym
Property Details for 1108 Princess St
- Year built
- 1950
- Construction
- CONCRETE
- Lot size
- 0.69 lot acres
- Property size
- 11,080 SF
- Zone code
- UMX
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- R04818-019-001-000
- APU
- R04818019001000
Description
This exceptional commercial property, located at 1108 PRINCESS Street in Wilmington, North Carolina, presents a unique investment opportunity. Boasting a substantial 11,430 square feet of space, this property sits on a generous 0.69-acre lot, offering ample room for expansion or development. The property's prime location in Wilmington ensures high visibility and accessibility, making it ideal for a variety of commercial uses. The asking price is $3,395,000. Given its size and location, this property is well-suited for businesses seeking a prominent presence in a thriving market. The substantial lot size provides significant potential for future development or expansion, catering to businesses with growing needs. The property's existing structure offers immediate occupancy, allowing for a quick start to operations. Its strategic location within Wilmington offers easy access to major transportation routes and a diverse customer base. This is a rare opportunity to acquire a significant commercial property in a desirable location, offering both immediate usability and long-term growth potential. Serious inquiries are encouraged to explore the possibilities this property presents. The property is classified as "Other," suggesting versatility in its potential uses. Further due diligence is recommended to determine the suitability for specific business plans.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $455,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $614,000
Market price range: $463k - $1.18M
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Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9351
- Latitude
- 34.2373
- CBSA code
- 48900
- CBSA name
- WILMINGTON, NC METROPOLITAN STATISTICAL AREA