212 47Th St Wilmington, NC 28403

This exceptional 1,327 square foot office building presents a unique investment opportunity in the heart of Wilmington, North Carolina. Located at 212 S 47th St, this property boasts a prime location adjacent to Trader Joe's on College Road and Oleander Drive, ensuring high visibility and accessibility. The building, constructed in 1948, sits on a 0.37-acre lot and is zoned O&I and Residential, a grandfathered zoning allowing for a diverse range of office and service businesses. The asking price is $650,000, translating to $489.83 per square foot. While the existing structure could benefit from renovations or even complete redevelopment, the strategic location offers significant potential for substantial return on investment. The property's versatility, combined with its enviable position in a thriving commercial area, makes it an ideal prospect for entrepreneurs and investors seeking a high-impact property in a bustling Wilmington neighborhood. The permitted zoning allows for flexibility in business type, making this a truly unique opportunity in a highly desirable area. This is a chance to acquire a property with significant upside in a location that speaks for itself. Consider the possibilities and the potential for growth in this vibrant Wilmington commercial district.