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    1405 S 5th Avenue

    Wilmington, NC 28401
    • $625,000
    • STATUS: Active
    • ON SITE: 165 days
    • MLS #: 100244571
    UPDATED: 53 min ago
    $625,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,015
      SQFT
    • $89
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1948
    County:
    Area:

    School Ratings & Info

    Description

    IN OPPORTUNITY ZONE. Property containing multiple buildings with a usable square footage of 7,015 and sits on a 16,379 square foot lot located in the Urban Mixed Use zoned area of S 5th Avenue. Building break out is 4,776 SF main warehouse, 1,818 SF second level warehouse and 441 SF additional separate structure. This location is within a block of the ever-expanding South Front Area. The existing structures can be utilized and the entire site lends itself to redevelopment. This site was the home of the seller's business and is set up to accommodate a number of uses. The UMX zoning enables the owner to go up 45 feet high by right with an potential of 75 feet. All the existing autos ,equipment, debris and business property will be removed prior to the transfer of sale of the property. This size of property with existing usable structures is a great investment in this expanding business development area.

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    © 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-04-21T12:57:29.927.
    www.carolinaeliteproperties.com/homes/111663212
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    1405 S 5th Avenue Wilmington, NC 28401

    • Price: $625,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 100244571
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    7,015
    SQFT
    $89
    $/SQFT
    1948
    Built
    Neighborhood:
    Not In Subdivision
    County:
    New Hanover
    Area:
    Wilmington
    Property Description
    IN OPPORTUNITY ZONE. Property containing multiple buildings with a usable square footage of 7,015 and sits on a 16,379 square foot lot located in the Urban Mixed Use zoned area of S 5th Avenue. Building break out is 4,776 SF main warehouse, 1,818 SF second level warehouse and 441 SF additional separate structure. This location is within a block of the ever-expanding South Front Area. The existing structures can be utilized and the entire site lends itself to redevelopment. This site was the home of the seller's business and is set up to accommodate a number of uses. The UMX zoning enables the owner to go up 45 feet high by right with an potential of 75 feet. All the existing autos ,equipment, debris and business property will be removed prior to the transfer of sale of the property. This size of property with existing usable structures is a great investment in this expanding business development area.
    Exterior Features

    Construction BlockSteel FrameWood Frame Exterior Finish See Remarks Foundation BlockSlab Location See Remarks Location Type Mainland Lot Dimensions 120 X 133 Lot Water Features None Number Of Parking Spaces 8 Parking Driveway Off StreetOn SiteUnpaved Road Type Frontage 2 - 3 Lanes Roof MembraneMetalShingle

    Interior Features

    Attic None Basement None Cooling System See RemarksWall/Window Unit(S) Flooring Concrete Heating System Other-See Remarks Water Heater See Remarks

    Property Features

    Airport Less Than 5 Miles Auction No City Limits Yes Cobra Zone No Commercial Features None Commercial Sub Type IndustrialMixed UseOfficeOtherRetailSelf StorageWarehouse County Highway Less Than 5 Miles County Taxes 2766.00 Current Use Vacant/Storage Electric Provider Duke Progress Energy Fuel Tank None Green Building Features None Hoa Amenities No Amenities Hoa YN No Interstate Less Than 5 Miles New Construction No Port Less Than 5 Miles Possession At Closing Property Taxes 2766.00 Rail Less Than 5 Miles Sale Lease Includes BuildingsLand Sale Or Lease Sale Secondary Subdivision N/A Sewer Provider Cape Fear Public Utility Authority State Highway Less Than 5 Miles Stipulation Of Sale None Tax Year 2020 Terms CashConventional Water Provider Cape Fear Public Utility Authority Water Sewer City WaterMunicipal Sewer Zoning Umx



    Listing information © 2021 NCRMLS
    Listing provided courtesy of Jeffrey G Hovis of Intracoastal Realty Corp.


    © 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-04-21T12:57:29.927.
     
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    1780-1 Chandlers Lane
    Sunset Beach NC, 28468