For Sale
$650,000

212 47Th StWilmington, NC 28403

Downtown Wilmington Office, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • $650,000 asking price for this mixed-use property.
  • 1,327 square feet with a price per square foot of $489.83.
  • Built in 1948.
  • O&I and Residential zoning, grandfathered in.
  • 0.37-acre lot in a prime Wilmington, NC location, adjacent to Trader Joe's.

Property Details for 212 47Th St

Property type
Office properties, Mixed-use properties
Square Feet
1,327 SF
Year Built
1948
Lot Size (sq. ft)
16,117 SF

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.211218
Longitude
-77.8856831
212 47Th St, Wilmington, North Carolina

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
212 47Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message