1020 Princess St, Wilmington, NC 28401

11,820 SF | 100% Leased | 4-Star Retail Building | Wilmington, NC 28401 | $3,875,000 ($328/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,875,000

Property Type
Retail, Restaurant
Square Feet
11,820 SF
Price / Square Foot
$328

Listing Contacts

Amanda Parmer
Amanda Parmer
Verified Profile
Steve Hall
Steve Hall
Verified Profile
  • Property Info

Property Overview

Soda Pop District
Presenting an exceptional investment opportunity situated in downtown Wilmington, NC. This property is strategically located at 1020 Princess Street, nestled in the vibrant community of The Soda Pop district, home to renowned establishments such as Hi-Wire Brewing and Cugino Forno Neapolitan Pizza.
The Soda Pop District boasts a variety of popular venues including Bowstring Burgers and Brewyard, Ibis Coffee and Cocktails, Bottle Works building, and The Soda Pop Gallery, among others. These attractions draw both locals and visitors, contributing to the area's bustling commercial scene characterized by an eclectic mix of businesses and a vibrant atmosphere.
The property offering is a commercial income-producing asset, presenting an attractive investment opportunity in this thriving locale. Its prime location in the heart of the Soda Pop district ensures excellent visibility and accessibility, further enhancing its appeal to potential investors.
Wilmington, NC, is witnessing significant growth and development, with a rising demand for commercial spaces in sought-after districts like the Soda Pop District. Each district boasts unique architectural features, fostering a delightful atmosphere for patrons to enjoy local shops and restaurants.
For investors seeking to diversify their portfolio, this opportunity allows them to become part of one of Wilmington’s premier downtown commercial districts and capitalize on its substantial growth potential.
#sodapopdistrict#incomeproducing#hospitalityforsale#commercialrealestatewilmingtonnc

Property Details

Class
B
Year Built/Renovated
1946/2022
Stories
1
Lot Size (sq. ft)
27,878 SF

Highlights

  • 100% Leased Income Producing Property
  • Prime Location in Soda Pop District
  • Wilmington Downtown Commercial District

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