1020 Princess StWilmington, NC 28401

Property Details for 1020 Princess St

Year built

1946

Construction

CONCRETE

Lot size

0.64 AC

Property size (Sq ft)

11,845 SF

Zone code

UMX

Property type

Strip malls

Property subtype

Neighborhood centers

APN

R04818-018-008-000

APU

R04818018008000

Description

This exceptional investment opportunity presents a thriving restaurant located at 1020 Princess Street in Wilmington, North Carolina's vibrant Soda Pop District. The property, renovated in 2022, is a commercial income-producing asset listed at $3,875,000. Its strategic location amongst popular establishments like Hi-Wire Brewing and Cugino Forno Neapolitan Pizza ensures excellent visibility and accessibility. The Soda Pop District's bustling atmosphere, featuring venues such as Bowstring Burgers and Brewyard, Ibis Coffee and Cocktails, Bottle Works building, and The Soda Pop Gallery, attracts both locals and tourists. Wilmington's significant growth and increasing demand for commercial spaces in desirable districts like the Soda Pop District make this a compelling investment opportunity for those seeking to capitalize on substantial growth potential. The property's prime location within this eclectic and thriving commercial area offers excellent potential for continued success and return on investment. This is a chance to own a piece of Wilmington's premier downtown commercial district.

Location Insight

City

Wilmington

County

New Hanover

State

North Carolina

Latitude

34.2372

Longitude

-77.936

CBSA code

48900

CBSA name

WILMINGTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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