1502 E Lake Shore Drive, Wilmington, NC 28401 (MLS# 100551759)

1502 E Lake Shore Drive, Wilmington, NC 28401

$1,275,000
Property Type: Comm Sale or Lease Square Footage: 6,907 Lot Size (sq. ft.): 22,390 Status: Closed
Current Price: $1,275,000 List Date: 1/28/2026 Last Modified: 5/20/2026

Overview

Description

Closing Price was with out any of the Planned Upgrades and Remodeling. Mixed use commercial opportunity. Building consist of over 6,900 square feet of a combination of office and warehouse space. Parcel size is over half an acres zoned urban mixed use. Warehouse has been renovated and office area under going renovation. Located close to downtown and the South Front Business area.

Listing Details MLS# 100551759

Contract Info

Available Date
2026-01-28
Delayed Marketing?
No
Marketing Start Date
2026-01-28
Sub-Type
Warehouse
Garage
N/A
Space
Yes
Sale/Lease
Sale
Listing Price
1750000
List Price/SqFt
253.37
Stipulation of Sale
Standard

Location Information

Street #
1502
Pre Direction
E
Street Name
Lake Shore
Street Suffix
Drive
County
New Hanover
State/Province
NC
Zip Code
28401
City Limits
Yes
Marketing City
Wilmington
Subdivision
Greenfield Park
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
From downtown Wilmington, go south on S 3rd Street, turn left at Greenfield Street and then turn right on to East Lake Shore Drive.
Sign on Property
No

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
6907

Legal and Taxes

Tax Assessed Value
657000
Deed Book
4058
Deed Page
447
Legal
Lot 1-3, 9-11 Wilmington Surburban Co
Broker Owner
No
PID
R05417-008-004-000
Tax Identifier
R05417-008-004-000
Total Real Estate Property Taxes
3866.45
Special Assessments
None
Tax Year
2025
Year Built
1956
Zoning
UMX
HOA
No
Cobra Zone
No
Federal Flood Ins Avlbl
Yes

More Information

Status Change Info

Under Contract Date
2026-01-28
Sold Date
2026-03-30

Miscellaneous

Ceiling Height
16
Occupancy
100
Current Use
Warehouse

Current Service Providers

Trash Provider
Private
Electric Provider
Duke Progress Energy
Natural Gas Provider
Piedmont Natural Gas Co.
Sewer Provider
Cape Fear Public Utility Authority
Water Provider
Cape Fear Public Utility Authority

Financial Info

Financial Info
No

Property Features

Business Type: Industrial; Manufacturing; Professional/Office; Retail HOA and Neigh Amenities: See Remarks Attic: No Access Basement: None Electric: 220 Volts Handicap Accessible: None View Type: See Remarks Development Status: Finished Lot(s) Construction: Concrete; Steel Frame; Wood Frame; Metal Fab Exterior Finish: Block; Brick Veneer; Metal Siding Flooring: Carpet; Concrete; Tile Foundation: Slab Fuel Tank: None Green Bldg Features: None Parking Features: Concrete; Off Street; On Site Roof: Membrane; Tar/Gravel Lot Description: Corner Lot Current Use: Mixed Use Location: Freestanding Lot Water Features: None Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Sewer Connected; Water Connected Sewer: Municipal Sewer Water Source: Public Terms: Cash; Conventional
IDX
Listing Office: Intracoastal Realty Corporation
Last Updated: May - 20 - 2026
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