Log In/Sign Up
Your email has been sent.
722-S S 17th St 10,088 SF Retail Building Wilmington, NC 28401 $3,762,735 CAD ($372.99 CAD/SF)
Investment Highlights
- Redevelopment potential for mixed-use project on 1.5 acres
- Strong pedestrian traffic + robust STR/visitor demand driver
- Located in the Cargo District, Wilmington’s premier urban mixed-use destination
Executive Summary
The property is zoned Urban Mixed-Use (UMX), one of Wilmington’s most flexible commercial zoning designations. UMX allows for a wide range of permitted uses, including retail, restaurants, office, breweries, fitness, hospitality, live-work units, and mixed-use development with residential above commercial.
Permitted uses include retail, restaurants, office, financial services, hospitality, breweries and taprooms, fitness and wellness studios, arts and entertainment, live work units, and residential above-ground floor commercial. This broad range of uses gives owners the flexibility to adapt the property as market conditions evolve.
For investors, developers, and owner users, the UMX designation creates multiple value creation opportunities. The property can continue as a single tenant investment, be repositioned as a multi-tenant retail or creative office project, or be redeveloped into a mixed-use development on the approximately 1.5-acre site, maximizing both current income and long-term upside.
Permitted uses include retail, restaurants, office, financial services, hospitality, breweries and taprooms, fitness and wellness studios, arts and entertainment, live work units, and residential above-ground floor commercial. This broad range of uses gives owners the flexibility to adapt the property as market conditions evolve.
For investors, developers, and owner users, the UMX designation creates multiple value creation opportunities. The property can continue as a single tenant investment, be repositioned as a multi-tenant retail or creative office project, or be redeveloped into a mixed-use development on the approximately 1.5-acre site, maximizing both current income and long-term upside.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,088 SF
Building Class
B
Year Built
2015
Price
$3,762,735 CAD
Price Per SF
$372.99 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.49 AC
Opportunity Zone
Yes
Zoning
UMX - Mixed use
Parking
34 Spaces (3.37 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
- Signalized Intersection
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R05411-011-001-000 | Improvements Assessment | $1,546,413 CAD |
| Land Assessment | $158,177 CAD | Total Assessment | $1,704,590 CAD |
Property Taxes
Parcel Number
R05411-011-001-000
Land Assessment
$158,177 CAD
Improvements Assessment
$1,546,413 CAD
Total Assessment
$1,704,590 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
722-S S 17th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.