1201 South 16th Street

Office for Sale
Catylist Listing ID: 30181351
Property Subtypes: Office Building, Other
Building Size (RSF): 4,320 SF
Gross Land Area: 0.65 Acres
Sale Price: $625,000
Unit Price: $144.68 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class B
Usable Size (USF): 4,320 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 7/2/2019

Overview / Comments

Multi-unit building available for purchase or lease is zoned CB, so it would be great for office or retail use. Large corner lot provides plenty of parking. Offering includes 2 tax parcels.

DIRECTIONS: Take Market Street toward downtown. Turn left on 16th Street. Property is located at the corner of 16th and Marstellar.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: 312714.43.4384.000
Property Located Between: Dawson & Shipyard
Property Visibility: Excellent
Site Description: IN CITY LIMITS: Yes
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1994
Interior Description: Min Divisible USF: 1200 Electric Provider: Duke Energy
Zoning Description: Community Business
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,889 64,524 130,975
Median Age: 37.54 35.96 36.38
Households: 6,275 29,440 56,486
The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.