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1108 Princess Street

Wilmington, NC 28401
  • $3,395,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 100478327
UPDATED: 41 min ago
$3,395,000
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,430
    SQFT
  • $297
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

Offering a remarkable opportunity for investment in The Soda Pop district of downtown Wilmington, NC. Built in 1950, this beautiful brick building at 1108 Princess Street is located on the intersection of 11th and Princess St just off Market St and a short walk from downtown.The Soda Pop district is home to a number of establishments such as, Unleashed Fitness, Hi-Wire Brewing, Bowstring Burgers and Brewyard, Ibis Coffee and Cocktails, Hughes Brothers and many others that give this vibrant commercial district a diverse mix of businesses attracting both locals and visitors to the area.With an increase in demand for commercial spaces in Wilmington, NC, this is an opportunity for investors to capitalize on significant growth potential and take part in one of the area's most desirable commercial districts with further opportunity for infill development.Lease in place until 11/30/2033

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Mid Carolina MLS logo© 2025 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2025-01-24T21:06:17.813.
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1108 Princess Street Wilmington, NC 28401

  • Price: $3,395,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 41 min ago
  • MLS #: 100478327
0
Beds
0
Baths
0
½ Baths
0.69
Acres
11,430
SQFT
$297
$/SQFT
1950
Built
Neighborhood:
1158 Place
County:
New Hanover
Area:
Wilmington
Property Description
Offering a remarkable opportunity for investment in The Soda Pop district of downtown Wilmington, NC. Built in 1950, this beautiful brick building at 1108 Princess Street is located on the intersection of 11th and Princess St just off Market St and a short walk from downtown.The Soda Pop district is home to a number of establishments such as, Unleashed Fitness, Hi-Wire Brewing, Bowstring Burgers and Brewyard, Ibis Coffee and Cocktails, Hughes Brothers and many others that give this vibrant commercial district a diverse mix of businesses attracting both locals and visitors to the area.With an increase in demand for commercial spaces in Wilmington, NC, this is an opportunity for investors to capitalize on significant growth potential and take part in one of the area's most desirable commercial districts with further opportunity for infill development.Lease in place until 11/30/2033
Exterior Features

Location Gen Bus DistrictSee Remarks Location Type Mainland Lot Description Corner LotLand LockedLevel Lot Dimensions 145x200 Number Of Parking Spaces 45 Parking Driveway Additional ParkingPublicPavedParking LotOn SiteOff StreetAttachedAsphalt Road Type Frontage 2 - 3 LanesMaintainedPublic (City/Cty/St) Roof Flat

Interior Features

Ceiling Height 20.00 Cooling System Central Heating System Forced Air Sq Ft Total Available 11080.00

Property Features

City Limits Yes Cobra Zone No Commercial Sub Type CommercialMixed UseRetail Current Use Unleashed Fitness Current Use1 Retail New Construction No Possession At Closing Property Taxes 8193.66 Sale Lease Includes BuildingsLand Sale Or Lease Sale Stipulation Of Sale None Tax Year 2024 Terms 1031 ExchangeConventionalCash Water Sewer City WaterCommunity SewerComm Sewer Zoning UMX



Mid Carolina MLS logo Listing information © 2025 NCRMLS
Listing courtesy of Katie Holloman of Haystack Realty Group: (252) 414-9573.


Mid Carolina MLS logo© 2025 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2025-01-24T21:06:17.813.
 
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1320 McCarthy Blvd.
New Bern NC, 28560