1939 Kent ST new Save Request In-Person Tour Request Virtual Tour
Wilmington,NC 28403
Key Details
Property Type Commercial
Sub Type Improved
Listing Status Active
Purchase Type For Sale
Square Footage 5,042 sqft
Price per Sqft $197
Subdivision Downtown
MLS Listing ID 100533008
Style Steel Frame
HOA Y/N No
Year Built 1976
Annual Tax Amount $2,736
Lot Size 0.377 Acres
Acres 0.38
Lot Dimensions irreg
Property Sub-Type Improved
Source Hive MLS
Property Description
Turn-key NNN investment with value-add upside. Rare ''Cargo District'' corner lot! .37 acre parcel with income today and upside tomorrow. ''CB'' zoning provides exceptional flexibility for future retail, office, restaurant, or light industrial uses. The ±5,042 SF metal building offers an ideal retail/warehouse mix. Clear-span design, 2 bathrooms, private office, storage and mezzanine with access to loading dock / roll up door, surface parking and a new metal roof. Positioned near the prestigious Forest Hills and minutes to downtown Wilmington and Wrightsville Beach, 1939 Kent Street is perfectly suited for investors seeking rent growth or an owner-user strategy at lease end. Current lease ends 12-31-28.
Location
State NC
County New Hanover
Community Downtown
Zoning CB
Direction Corner of Kent st and Moss, behind Delgado Square in the Cargo District.
Exterior
Parking Features Asphalt
Roof Type Metal
Building
Lot Description Corner Lot
New Construction No
Others
Tax ID R05411-004-005-000
Acceptable Financing See Remarks,1031 Exchange,Cash,Conventional
Listing Terms See Remarks,1031 Exchange,Cash,Conventional