1405 S 5th Avenue

    Wilmington, NC 28401
    • $585,000
    • STATUS: Active
    • ON SITE: 274 days
    • MLS #: 100150659
    UPDATED: 211 min ago
    $585,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,752
      SQFT
    • $102
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1948
    County:
    Area:

    School Ratings & Info

    Description

    PROPERTY LOCATED IN OPPORTUNITY ZONEProperty containing Multiple building 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.(See Floor plan for layout) The This location is within a block of the ever expanding South Front Area. The existing structures can easily be leased and this entire site lends itself to redevelopment. This site was the home of the sellers business and is set up to accommodate a number of uses. The UMX zoning enables the owner to go up 45 feet in height by right with a potential of 75 feet. This size of property with existing usable structures is a great investment and development opportunity.

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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 2019-11-16T23:55:23.64.
    www.wilmingtonnchomefinder.com/homes/91869350

    1405 S 5th Avenue Wilmington, NC 28401

    • Price: $585,000
    • Status: Active
    • Updated: 211 min ago
    • MLS #: 100150659
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    5,752
    SQFT
    $102
    $/SQFT
    1948
    Built
    Neighborhood:
    Not In Subdivision
    County:
    New Hanover
    Area:
    Wilmington
    Property Description
    PROPERTY LOCATED IN OPPORTUNITY ZONEProperty containing Multiple building 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.(See Floor plan for layout) The This location is within a block of the ever expanding South Front Area. The existing structures can easily be leased and this entire site lends itself to redevelopment. This site was the home of the sellers business and is set up to accommodate a number of uses. The UMX zoning enables the owner to go up 45 feet in height by right with a potential of 75 feet. This size of property with existing usable structures is a great investment and development opportunity.
    Exterior Features

    Construction BlockConcreteMetal FabWood Frame Exterior Finish AluminumBlockBrickStucco Foundation BlockSlab Location FreestandingSee Remarks Location Type Mainland Lot Description See Others Lot Dimensions 133 X120 Lot Water Features None Number Of Parking Spaces 12 Parking Driveway Off StreetUnpaved Road Type Frontage 2 - 3 LanesPublic (City/Cty/St) Roof MembraneMetal/Tin

    Interior Features

    Attic Access OnlyFloored - Partial Basement None Ceiling Height 10.00 Cooling System Central Flooring Concrete Heating System ElectricNatural Gas Sq Ft Apx Total 5752.00 Sq Ft Total Available 5752.00 Water Heater Electric

    Property Features

    Airport Less Than 5 Miles Auction No City Limits Yes Cobra Zone No Commercial Features Electric 3 PhaseStorage Outside Commercial Sub Type Business FlexMixed UseOfficeSelf Storage County Highway Less Than 5 Miles County Taxes 2766.00 Current Use Business Services Electric Provider Duke Progress Energy Federal Flood Ins Avlbl No Fuel Tank None Green Building Features None Hoa Amenities See Remarks 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 2018 Terms CashConventionalPrivate Water Provider Cape Fear Public Utility Authority Water Sewer City WaterMunicipal SewerMunicipal Water Zoning Umx



    Listing information © 2019 NCRMLS
    Listing provided courtesy of Jeffrey G Hovis of Intracoastal Realty Corp.


    © 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 2019-11-16T23:55:23.64.
     
    Intracoastal Realty
    1904 Eastwood Rd
    Wilmington NC, 28403