Active

1316 S 5th Avenue

Wilmington NC, 28401

$1,225,000


$164.54 per sqft

Active

7,445 sqft

Commercial

Built in 1984

Great investment property in up and coming area. Zone A - 4156 s/f wall-wall - has side access sliding door as well as front entryway. Zone B- 1904 s/f wall-wall - has sliding access door in rear as well as door entryway. Zone C -855 s/f wall-wall. 7445 total s/f. See floor plan. Bathrooms and office area in all 3 units. Property located on corner lot with lots of parking- 19 spots. The City of Wilmington has started a major rehabilitation project on 5th Ave. to include new water & sewer lines, improve storm drains, improved sidewalks, curb & gutter, repaving of street which will include a adding a bike lane. Property located very close to Greenfield Lake and Greenfield Street. Great investment with expected growth possibilities.

100472656

MLS ID

October 24, 2024

Listed

November 22, 2024

Updated

Map

1316 S 5th Avenue
Wilmington NC, 28401

Interior Features

Floor Description

Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Zoned


Heating

Yes


Heating Description

Electric, Forced Air, Zoned

Exterior/Building Features

Lot Size

0.41 Acres


Lot Features

Corner Lot


Roof

Insulated, See Remarks


Sewer

Municipal Sewer

Other Property Details

Taxes

$3,803


Tax Frequency

Annually


Days on Market

12


Association Fee Frequency

Yearly


Garage

No


Parking

Parking Lot, Asphalt, Paved


Parking Total

18


View

No


County

New Hanover


Pool

No


Zoning

UMX

Courtesy of Intracoastal Realty Corp with Bobby Brandon Team,
Listing Contact: 910-538-6261 

 

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