3405 Market St - Freestanding FOR SALE


Wilmington, NC 28403- Creekwood
$2,300,000 USD
910-791-0400
3405 Market St, Wilmington, NC for Sale
$2,300,000 USD
Freestanding - FOR SALE
1/11
null | 7.12% Cap Rate

3405 Market St
Wilmington, NC 28403
Creekwood


HIGHLIGHTS

  • Frontage on Market St.
  • Great retail visibility.
  • Signage.

OVERVIEW

A Market Street income property priced for less than $130 per/SF! Great retail visibility makes this income property worthy as a long-term investment. Originally built as a furniture store, this two-tenanted building has been home to Linprint for nearly 20 years. Fleabody’s Antique Mall has operated in the adjacent unit for nearly a decade. This building is approximately 18,200 SF situated on 1.25 acres which also fronts both Henry & Clay Streets on the side yard. Access to a fenced rear yard and parking area is available from either side street. The Linprint space has a large loading dock in the rear. This property has an excellent history of occupancy and, at less than $130 per square foot, it is priced well below replacement value.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

7.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

CS & R-5

APN/PARCEL ID

R04913-014-003-000,R04913-014-004-000,R04913-014-004-001,R04913-014-005-000

ASK ABOUT THIS PROPERTY

Hansen Matthews, Jr.Maus, Warwick, Matthews & CompanyMore Info
910-791-0400

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Hansen Matthews, Jr.Maus, Warwick, Matthews & CompanyMore Info
910-791-0400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.