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102 S Second St 4,818 SF Retail Condo Unit Offered at $2,442,860 CAD in Wilmington, NC 28401

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INVESTMENT HIGHLIGHTS

  • Sale includes all FFE.
  • High visibility

EXECUTIVE SUMMARY

This area of Downtown Wilmington has experienced tremendous growth in the last few years, making it the perfect location for a restaurant to thrive. Subject is located across the street from Dram Yard and the Arrive Hotel. A 55 room expansion and retail is planned on the adjacent parcel to the south.

PROPERTY FACTS

Total Building Size 10,600 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Building Class B
Floors 2
Typical Floor Size 5,300 SF
Year Built 1988
Lot Size 0.21 AC
Zoning CBD - Central Business District

1 UNIT AVAILABLE

Unit 102

Unit Size 4,818 SF
Price $2,442,860 CAD
Price Per SF $507.03 CAD
Condo Use Retail
Sale Type Owner User
DESCRIPTION

The property includes all front of house FF&E and
kitchen equipment, 2 bars, and seating which can
accommodate up to 150 people. Tarantelli’s
invested over $1M in this space in order to make it
the beautiful, well-designed restaurant it is today.

SALE NOTES

Located on the vibrant corner of South 2nd Street and Dock Street, this 4,818 SF restaurant space has a long history of success. The current operator, Tarantelli’s, is looking to relocate to a larger space.

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Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

First Citizens Bank
Truist
Port City Java
United Bank
Bank of America
Ruth's Chris Steak House
YMCA
  • Listing ID: 31736876

  • Date on Market: 2024-05-08

  • Last Updated:

  • Address: 102 S Second St, Wilmington, NC 28401

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