$896,000
( $428.71Per Sq Foot )
 $4,810 est/mo Sourced by Back At You

1203 Princess Street , Wilmington, NC 28401

Wilmington, NC 28401

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Description

Unique commercial property opportunity in the Wilmington Soda Pop District. The Folk Cafe Building consisting of a retail/cafe store front and residential unit that sits prominently at the corner of Princess Street and N 12th Street. Folks has been a tradition and community staple in this area for years. The existing building consist of a total of 2090 square feet(800 SF for the Cafe and 1290 for the residence). This corner lot size is just under .2 acres and located in a Urban Mix Zoned area. The property was recently rezoned to UMX conditional. The rezoning also authorize the placement of an addition residence on the site. In addition to the cafe and residence, there a spacious patio and back yard to enhance the business and the residence. This property has frontage on Princess and N 12th Street. It also as the benefit of an alley way to the north as another access options. This type of live, work and play opportunity does not come up often. The growth in the area definitely lends this property to continued growth.

Details

MLS#100464449
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1928
Days On Site72
Listing Provided ByIntracoastal Realty Corp | Jeffrey G Hovis

Features

SQ Feet2,090
ZoningUMX-Conditional
Acreage0.19

Market Activity 28401

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Listings Checked: 28 minutes ago
StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
AreaNew Hanover
Community NameNot In Subdivision
Listing VS Median (in Not In Subdivision)
Price:
$896,000
low | high
Med:
$279,888
100% of Average
SqFt:
2,090
low | high
Med:
1,417
82.200956937799% of Average
$ / SqFt:
$429
low | high
Med:
$198
100% of Average
On Site:
72
low | high
Med:
196
36.734693877551% of Average
Sourced by Back At You
Listing Updated: September 17, 2024 at 9:37:21 AM PDT