124 S Front Street

    Wilmington, NC 28401
    • $2,600,000
    • STATUS: Active
    • ON SITE: 67 days
    • MLS #: 100174913
    UPDATED: 56 min ago
    $2,600,000
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,799
      SQFT
    • $176
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1887
    County:
    Area:

    School Ratings & Info

    Description

    Located in the Central Business District of Historic Downtown Wilmington with frontage on two high pedestrian trafficked and moderate vehicle trafficked streets, Old-Wilmington City Market has been positioned as a retail node in the South Front Street corridor for over 130 years. This Circa 1887, exquisitely preserved +/-14,700sf building is a unique investment opportunity in the rapidly growing section of Front St south of Market. Just steps to the Riverwalk and myriad boutique hotels, fine dining, shopping and nightlife, this location is prime for continuing its current use as a boutique shopping destination and/or exploring new business verticals such as the booming wedding and event industry.Old-Wilmington City Market is designed as a mini downtown streetscape with shops flankingThe offering includes a vacant +/-.16 acre riverfront lot addressed 122 S Water St, prime for building and connecting to the Riverwalk with rights to dockage and potential for approximately 100' of floating dock. This site is perfect for a mixed use building including a restaurant, residential and event space. CBD zoning allows a variety of commercial and hospitality uses and is the only zoning that allows short term vacation rentals in the Historic District.

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    © 2019 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 2019-09-17T07:55:13.41.
    www.wilmingtonnchomefinder.com/homes/96768782

    124 S Front Street Wilmington, NC 28401

    • Price: $2,600,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 100174913
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    14,799
    SQFT
    $176
    $/SQFT
    1887
    Built
    Neighborhood:
    Downtown
    County:
    New Hanover
    Area:
    Wilmington
    Property Description
    Located in the Central Business District of Historic Downtown Wilmington with frontage on two high pedestrian trafficked and moderate vehicle trafficked streets, Old-Wilmington City Market has been positioned as a retail node in the South Front Street corridor for over 130 years. This Circa 1887, exquisitely preserved +/-14,700sf building is a unique investment opportunity in the rapidly growing section of Front St south of Market. Just steps to the Riverwalk and myriad boutique hotels, fine dining, shopping and nightlife, this location is prime for continuing its current use as a boutique shopping destination and/or exploring new business verticals such as the booming wedding and event industry.Old-Wilmington City Market is designed as a mini downtown streetscape with shops flankingThe offering includes a vacant +/-.16 acre riverfront lot addressed 122 S Water St, prime for building and connecting to the Riverwalk with rights to dockage and potential for approximately 100' of floating dock. This site is perfect for a mixed use building including a restaurant, residential and event space. CBD zoning allows a variety of commercial and hospitality uses and is the only zoning that allows short term vacation rentals in the Historic District.
    Exterior Features

    Construction Brick/Stone Exterior Finish Stone Foundation Crawl SpaceSlab Location Historic District Location Type Mainland Lot Description Corner Lot Lot Dimensions 87 X 205 X 87 X 202 Lot Water Features Boat DockRiver FrontRiver ViewWater Depth 4+ Number Of Parking Spaces 25 Parking Driveway PavedStreet Only Road Type Frontage PavedPublic (City/Cty/St) Roof Membrane

    Interior Features

    Attic None Basement None Cooling System Central Flooring ConcreteTileWood Heating System Natural Gas Sq Ft Retail Display 14799.00 Water Heater See Remarks

    Property Features

    Auction No City Limits Yes Cobra Zone Yes Commercial Features Electric 3 PhaseFire AlarmSkylights Commercial Sub Type RetailShopping Center Electric Provider Duke Progress Energy Federal Flood Ins Avlbl Yes Hoa YN No Lease Types See Remarks New Construction No Possession At Closing Sale Lease Includes BuildingsLandSee Remarks Sale Or Lease Sale Secondary Subdivision N/A Sewer Provider Cape Fear Public Utility Authority Stipulation Of Sale None Tax Year 2018 Terms CashConventionalExchangePrivate Water Provider Cape Fear Public Utility Authority Water Sewer City Water Zoning Cbd



    Listing information © 2019 NCRMLS
    Listing provided courtesy of Ashley B Whitley of Nest Realty.


    © 2019 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 2019-09-17T07:55:13.41.
     
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