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1502 E Lake Shore Drive, Wilmington, NC 28401

$1,750,000
Property Type: Comm Sale or Lease Square Footage: 6,907 Lot Size (sq. ft.): 22,390 Status: Pending
Current Price: $1,750,000 List Date: 1/28/2026 Last Modified: 3/30/2026

Overview

Description

Closing Price was with out any of the Planned Upgrades and Remodeling. Mixed use commercial opportunity. Building consist of over 6,900 square feet of a combination of office and warehouse space. Parcel size is over half an acres zoned urban mixed use. Warehouse has been renovated and office area under going renovation. Located close to downtown and the South Front Business area.

Listing Details MLS# 100551759

Contract Info

Available Date
2026-01-28
Delayed Marketing?
No
Marketing Start Date
2026-01-28
Sub-Type
Warehouse
Garage
N/A
Space
Yes
Sale/Lease
Sale
Listing Price
1750000
List Price/SqFt
253.37
Stipulation of Sale
Standard

Location Information

Street #
1502
Pre Direction
E
Street Name
Lake Shore
Street Suffix
Drive
County
New Hanover
State/Province
NC
Zip Code
28401
City Limits
Yes
Marketing City
Wilmington
Subdivision
Greenfield Park
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
From downtown Wilmington, go south on S 3rd Street, turn left at Greenfield Street and then turn right on to East Lake Shore Drive.
Sign on Property
No

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
6907

Legal and Taxes

Tax Assessed Value
657000
Deed Book
4058
Deed Page
447
Legal
Lot 1-3, 9-11 Wilmington Surburban Co
Broker Owner
No
PID
R05417-008-004-000
Tax Identifier
R05417-008-004-000
Total Real Estate Property Taxes
3866.45
Special Assessments
None
Tax Year
2025
Year Built
1956
Zoning
UMX
HOA
No
Cobra Zone
No
Federal Flood Ins Avlbl
Yes
Plat Book
No
Plat Page
No

More Information

Status Change Info

Under Contract Date
2026-01-28

Miscellaneous

Ceiling Height
16
Occupancy
100
Current Use
Warehouse

Current Service Providers

Trash Provider
Private
Electric Provider
Duke Progress Energy
Natural Gas Provider
Piedmont Natural Gas Co.
Sewer Provider
Cape Fear Public Utility Authority
Water Provider
Cape Fear Public Utility Authority

Financial Info

Financial Info
No

Building/Ext Features

# of Parking Spaces
10
# of Units
0
Fireplace Y/N
No
Lot Acres
0.51
Lot SqFt
22390
Lot Dimensions
150x150
SqFt - Total Available
6907
SqFt - Office
3495
SqFt - Warehouse
3411
Location Type
Mainland

Business Type

Industrial
Yes
Manufacturing
Yes
Professional/Office
Yes
Retail
Yes

Current Use

Mixed Use
Yes

HOA and Neigh Amenities

See Remarks
Yes

Attic

No Access
Yes

Basement

None
Yes

Electric

220 Volts
Yes

C & I Features

Delivery Door
Yes
Drive In Door
Yes
Reception Area
Yes

Handicap Accessible

None
Yes

View Type

See Remarks
Yes

Development Status

Finished Lot(s)
Yes

Construction

Concrete
Yes
Steel Frame
Yes
Wood Frame
Yes
Metal Fab
Yes

Lot Water Features

None
Yes

Exterior Finish

Block
Yes
Brick Veneer
Yes
Metal Siding
Yes

Terms

Cash
Yes
Conventional
Yes

Foundation

Slab
Yes

Flooring

Carpet
Yes
Concrete
Yes
Tile
Yes

Fuel Tank

None
Yes

Green Bldg Features

None
Yes

Parking Features

Concrete
Yes
Off Street
Yes
On Site
Yes

Sale/Lease Includes

Buildings
Yes
Land
Yes

Roof

Membrane
Yes
Tar/Gravel
Yes

Lot Description

Corner Lot
Yes

Road Type/Frontage

2 - 3 Lanes
Yes
Paved
Yes
Public (City/Cty/St)
Yes

Road/Trans Access

Airport
Less than 5 Miles
County Highway
6 - 10 Miles
Interstate
6 - 10 Miles
Port
Less than 5 Miles
Rail
6 - 10 Miles
State Highway
6 - 10 Miles

Cooling

Central Air
Yes

Location

Freestanding
Yes

Heating

Heat Pump
Yes

Heating System Fuel Source

Electric
Yes

Water Heater

Electric
Yes

Utilities

Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Sewer

Municipal Sewer
Yes

Property Features

Business Type: Industrial; Manufacturing; Professional/Office; Retail HOA and Neigh Amenities: See Remarks Attic: No Access Basement: None Electric: 220 Volts Handicap Accessible: None View Type: See Remarks Development Status: Finished Lot(s) Construction: Concrete; Steel Frame; Wood Frame; Metal Fab Exterior Finish: Block; Brick Veneer; Metal Siding Flooring: Carpet; Concrete; Tile Foundation: Slab Fuel Tank: None Green Bldg Features: None Parking Features: Concrete; Off Street; On Site Roof: Membrane; Tar/Gravel Lot Description: Corner Lot Current Use: Mixed Use Location: Freestanding Lot Water Features: None Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Sewer Connected; Water Connected Sewer: Municipal Sewer Water Source: Public Terms: Cash; Conventional
Listing Office: Intracoastal Realty Corp
IDX
Last Updated: March - 30 - 2026
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