10,454 Sqft Lot
10,454 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Woodlawn
MLS Listing ID 100578372
HOA Y/N Yes
Year Built 1930
Tax Year 2025
Lot Size 10,454 Sqft
Acres 0.24
Property Description
The building is configured in a duplex-style layout, offering approximately 1,880 square feet that can accommodate either a single occupant or two separate tenants. An additional 500+ square feet of heated and cooled basement/cellar space provides valuable room for storage, workspace, or supplemental business operations.
The main level was most recently occupied by an architectural firm and was previously home to an interior design business, highlighting the property's suitability for professional office, creative, and service-oriented uses. The upper level has historically generated rental income and is currently occupied by a tenant, offering immediate investment potential.
Zoned Commercial Services (CS), the property allows for a broad range of commercial uses. Future area improvements are underway as the NCDOT enhances the Front Street, Third Street, and Carolina Beach Road intersection with upgraded traffic flow and pedestrian-friendly sidewalks.
Conveniently located near Greenfield Lake, Sunset Park, and the rapidly developing South Front District, this unique property combines historic charm, income-producing potential, and a strategic location in one of Wilmington's most active commercial corridors.
Note: 30' easement to get to next door property. See Survey attached in documents.
Location
State NC
County New Hanover
Zoning CS
Rooms
Basement Partially Finished
Interior
Heating Gas Pack, Electric, Natural Gas
Cooling Central Air
Flooring Tile, Wood
Fireplace No
Exterior
Parking Features Shared Driveway, Gravel, Off Street
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Amenities Available Sidewalks
Roof Type Shingle
Present Use Commercial,Mixed
Building
Lot Description See Remarks
Foundation Basement, Crawl Space
New Construction No
Others
Tax ID R06005-004-006-000
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
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