Wilmington, NC 28403,1939 Kent ST
Wilmington, NC 28403,1939 Kent ST
Wilmington, NC 28403,1939 Kent ST
Wilmington, NC 28403,1939 Kent ST
Wilmington, NC 28403,1939 Kent ST
Wilmington, NC 28403,1939 Kent ST
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Barefoot-Chandler & Associates

Barefoot-Chandler & Associates

+1(252) 222-4663
$ 995,000
Est. payment | /mo

5,042 SqFt


Save
$ 995,000
Est. payment | /mo
Save

5,042 SqFt

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

Hive MLS / (NCRMLS) / Cape Fear Realtors
Listed by Aloha Wilmington Real Estate
Barefoot-Chandler & Associates

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1939 Kent ST