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Investment Highlights

  • High Profile Corner location
  • Recent renovations include newer roof, newer hvac and recent upgraded plumbing and electrical
  • 12 suites (10 occupied)

Executive Summary

High profile corner location in downtown Wilmington. 20,000+ cards daily. Executive multi-tenant building with 12 suites (10 occupied). Listing includes 82x60 adjoining lot providing off street parking. Recent renovations include newer roof, newer hvac and recent upgraded plumbing and electrical. Four restrooms, full kitchen and large covered terrace. Suite 821 is a private suite offering open office, restroom and private patio. Great property to add to diversify your portfolio!

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $104,220 $30.03
Other Income - -
Vacancy Loss - -
Effective Gross Income $104,220 $30.03
Taxes $2,768 $0.80
Operating Expenses $12,457 $3.59
Total Expenses $15,225 $4.39
Net Operating Income $88,996 $25.64

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $104,220
Annual Per SF $30.03
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $104,220
Annual Per SF $30.03
Taxes (CAD)
Annual $2,768
Annual Per SF $0.80
Operating Expenses (CAD)
Annual $12,457
Annual Per SF $3.59
Total Expenses (CAD)
Annual $15,225
Annual Per SF $4.39
Net Operating Income (CAD)
Annual $88,996
Annual Per SF $25.64

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,471 SF
Building Class
C
Year Built
1920
Price
$1,521,093 CAD
Price Per SF
$438.23 CAD
Cap Rate
5.85%
NOI
$88,984 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.72
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
CB
Parking
9 Spaces (2.59 Spaces per 1,000 SF Leased)
Frontage
86’ on Dawson St

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Solar Select Llc
  • Construction
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Solar Select Llc Construction - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

First Citizens Bank
Truist
Food Lion
Buddy's Home Furnishings
Port City Java
Checkers
United Bank
Bank of America
Ruth's Chris Steak House

Property Taxes

Property Taxes

Parcel Number
R05409-024-008-000
Land Assessment
$97,529 CAD
Improvements Assessment
$307,614 CAD
Total Assessment
$405,144 CAD
Annual Taxes
$2,768 CAD ($0.80 CAD/SF)
Tax Year
2025
  • Listing ID: 40059595

  • Date on Market: 2026-04-07

  • Last Updated:

  • Address: 803 Dawson St, Wilmington, NC 28401

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