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615 N Front Street, Wilmington, NC 28401

$1,575,000

Property Type: Comm Sale or Lease Square Footage: 14,000 Lot Size (sq. ft.): 72,558 Status: Closed

Current Price: $1,575,000 List Date: 2/17/2017 Last Modified: 1/16/2020

Overview

Description

Rare opportunity to buy a prime piece of downtown real estate. 1.6 acre parcel which is the current WWAY TV station. Value is in the land but there is a 14k sq ft functioning office building with 65+ parking spaces. Be a part of the explosive growth of the N. Wilmington downtown riverfront area

Listing Details MLS# 100048532

Contract Info

Marketing Start Date: 2017-02-17
Sub-Type: Unimproved Land
Sale/Lease: Sale
Auction: No
Listing Price: 2500000
List Price/SqFt: 178.57
Stipulation of Sale: Standard

Location Information

Street #: 615
Pre Direction: N
Street Name: Front
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Other
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: 615 N. Front
Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 14000

Legal and Taxes

Tax Assessed Value: 2342500
Total City Real Estate Property Tax: 24807
Deed Book: 4987
Deed Page: 2419
Legal: ( 1.60 ACRES) LOT 1 ALL BLK 245/231
Broker Owner: No
PID: R04716-006-001-000
Tax Identifier: R04716-006-001-000
Plat Book: 8
Plat Page: 60
Total Real Estate Property Taxes: 24807
Special Assessments: none
Tax Year: 2016
Year Built: 1969
Zoning: CB
HOA: No
Cobra Zone: No
Flood Zone: No

More Information

Status Change Info

Under Contract Date: 2017-11-10
Sold Date: 2018-03-13

Building/Ext Features

# of Parking Spaces: 65
Lot Acres: 1.67
Lot SqFt: 72558
Lot Dimensions: 167'x425' aprox
SqFt - Apx Total: 72558
Location Type: Mainland

Business Type

Professional/Office: Yes
Unimproved: Yes

View Type

River: Yes

Parking Features

Off Street: Yes
Paved: Yes

Sale/Lease Includes

Buildings: Yes
Land: Yes

Road Type/Frontage

Paved: Yes
Public (City/Cty/St): Yes

Location

Cent Business District: Yes
Corner: Yes

Property Features

Business Type: Professional/Office; Unimproved View Type: River Parking Features: Off Street; Paved Location: Cent Business District; Corner

Listing Office: Gulf Stream Realty

IDX

Last Updated: January - 16 - 2020

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