1125 N 4th Street Wilmington, NC $ 695,000
1125 N 4th Street
$ 695,000
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1125 N 4th Street

Wilmington, NC, 28401
$ 695,000
Baths0.0 Sq 1,988

Monthly Estimate*

$ 4,619

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View a Virtual Tour
Studio

Commercial Property for sale in Wilmington, NC

for $695,000. This 1,988 square foot building was built in 1919 on a lot size of 0.08.

Welcome to 1125 N 4th St in Historic Downtown Wilmington! This exceptional investment opportunity presents itself as a true gem. Currently leased long term. This property offers the savvy investor a chance to secure a consistent and hassle-free stream of income for years to come.Strategically located on a prominent corner lot, this property boasts unparalleled exposure in a prime location. As you contemplate the future potential of this property, envision the possibility of constructing upward, unveiling captivating views of the majestic Cape Fear River that could grace the horizon.With just under 2000 square feet of versatile space, this property offers ample room for various creative endeavors. An inviting outdoor area beckons, providing a tranquil space for relaxation or potential expansion. A convenient small parking pad adds to the property's allure, ensuring accessibility for occupants and guests alike.Nestled within the charming Brooklyn Arts District, this property immerses you in the vibrant energy of the Wilmington brewery trail and the eclectic offerings of downtown living. Imagine the convenience of being mere steps away from a myriad of cultural attractions, entertainment venues, and culinary delights that make downtown Wilmington truly exceptional.Don't miss out on this remarkable investment opportunity that seamlessly combines long-term stability with the potential for future growth. Acquire 1125 N 4th St today and embrace the allure of Historic Downtown Wilmington's rich heritage and thriving modern lifestyle. Your future as a discerning investor starts here!

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Commercial Active

Price

$ 695,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,685

Style

Business Flex,Business Service,Commercial,Industri

Lot Size

0.08

Year Built

1919

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100399018

Features
Exterior
Lot Description Corner Lot
Foundation Slab
Exterior Finish Brick
Lot Dimensions irreg
Parking Features On Site
Lot Acres 0.08
Road Type/Frontage Public (City/Cty/St)
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General
Construction Block Brick/Stone
Heating Forced Air Heat Pump
Cooling Central
Possession At Closing Subject To Tenant Rights
Roof Flat Membrane
current use Commercial Retail
Zoning CBD
New Construction No
Subdivision Downtown
County New Hanover
Stipulation of Sale None
Property Type G
Terms 1031 Exchange Cash
Location Cent Business District See Remarks
Auction No
Tax Year 2023
Status Active
Lot Sqft 3659.00
Days on Market 276
City Limits Yes
Sub-Type Business Flex Business Service Commercial Industrial Mixed Use Office Other Professional Service Retail Wholesale
Year Built 1919
City Wilmington
Virtual Tour https://my.matterport.com/show/?m=GfixfUCzN4p&mls=1
Location Type Mainland
Street Name 4th
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Interior
Basement None
Flooring Concrete
List Price/SqFt 349.60
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* Excluded Features
List By
Christian Cardamone

Listing Agent

Keller Williams Innovate-Wilmington

Broker

christiancardamone@gmail.com

Email

Affordability Calculator

$4,760
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,619
Monthly Property Taxes
$140
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/4/2024$695,000 -3.47% Price Down
10/3/2023$720,000 -0.69% Price Down
9/19/2023$725,000 -3.33% Price Down
8/9/2023$750,000 Listed Price

Map


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1125 N 4th Street, Wilmington, NC, 28401 is a Commercial Property for sale at $695,000 with 1,988 sqft and a lot size of 0.08. 1125 N 4th Street is a studio with 0.0 baths and was built in 1919. The property's zip code is 28401 which is in Wilmington, NC