2006/2010 Princess Place, Wilmington, NC 28405
$800,000
Property Type:
Comm Sale or Lease
Square Footage:
8,212
Lot Size (sq. ft.):
26,136
Status:
Active
Current Price:
$800,000
List Date:
7/24/2024
Last Modified:
4/30/2025
Description
Unique redevelopment opportunity in highly desirable area close to Downtown Wilmington located on well-traveled connector road Princess Place Drive. Two adjacent parcels with existing cement block buildings of 5636 sqft. and 2485 sqft, which hold the key to valuable land beneath. Ample road frontage and great visibility. Close to Mary Bridgers and Bullock parks, the greenway, and Wilmington's Cape Fear Rugby facility/field. Neighborhood business uses appropriate / CB zoning. Property being sold in ''as is'' condition. Seller will consider owner financing. This property is a unique investment, in that flexibility and vision can be combined with a prime location, creating an opportunity to build equity, while potentially revitalizing the neighborhood and contributing to it's economic growth. Parcel ID's R04815-017-017-000, and R04815-017-016-000
More Information MLS# 100457447
Building/Ext Features
Lot Acres: 0.6
Lot SqFt: 26136
Lot Dimensions: approx 198' x 153' x 198' x 128'
Location Type: Mainland
Contract Info
Available Date: 2024-07-24
Delayed Marketing?: No
Garage: Masterlock
Sale/Lease: Sale
List Price/SqFt: 97.42
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2024-07-24
Listing Price: 800000
Current Price: $800,000
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 2006/2010
Street Name: Princess Place
County: New Hanover
State/Province: NC
Zip Code: 28405
Subdivision: Green Acres
Geo Lat: 34.24228
Geo Lon: -77.924362
Remarks and Showing
Sign on Property: Yes
Directions to Property: Drive south on Market St. towards downtown. Turn right onto 23rd street, and then left onto Princess Place. Property will be about 1/4 mile ahead on the left hand side.
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 658600
Deed Book: 6016
Deed Page: 1623
Legal: LOT 100X142AV PRINCESS PL, GREEN MILL CREEK WILM
Broker Owner: No
PID: RO4815-017-016-000
Tax Identifier: R04815-017-017-000, R04815-017-016-000
Plat Book: 0
Plat Page: 0
Special Assessments: none known
Tax Year: 2023
Zoning: CB
Cobra Zone: No
Year Built: 1964
Showing Instructions
Special Instructions: 1
Current Use
Vacant: 1
View Type
Creek/Stream: 1
Construction
Block: 1
Concrete: 1
Lot Water Features
None: 1
Exterior Finish
Block: 1
Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Seller Financing: 1
Foundation
Slab: 1
Flooring
Concrete: 1
See Remarks: 1
Fuel Tank
None: 1
Parking Features
Asphalt: 1
Concrete: 1
On Site: 1
Paved: 1
Sale/Lease Includes
Buildings: 1
Land: 1
Roof
Flat: 1
Lot Description
Open Lot: 1
Road Type/Frontage
2 - 3 Lanes: 1
Maintained: 1
Public (City/Cty/St): 1
Location
Gen Bus District: 1
Heating System Fuel Source
None: 1
Water Source
Public: 1
Sewer
Municipal Sewer: 1
Financial Info
Real Estate Taxes: 5565.17
BuildingExt Features
SqFt - Heated (Primary): 8212
Property Features
Showing Instructions: Special Instructions
View Type: Creek/Stream
Construction: Block; Concrete
Exterior Finish: Block
Flooring: Concrete; See Remarks
Foundation: Slab
Fuel Tank: None
Parking Features: Asphalt; Concrete; On Site; Paved
Roof: Flat
Lot Description: Open Lot
Current Use: Vacant
Location: Gen Bus District
Lot Water Features: None
Heating System Fuel Source: None
Sewer: Municipal Sewer
Water Source: Public; Public
Terms: 1031 Exchange; Cash; Conventional; Seller Financing
Listing Office:
Intracoastal Realty Corp
IDX
Last Updated: April - 30 - 2025
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