248 N Front Street, Wilmington, NC 28401

parkingSpaces 6
|Other
INR ₹201,397,238
USD $2,400,000
Published on: 12 Sep 2024
Last updated on: 01 Oct 2024
248 N Front Street, Wilmington, NC 28401
248 N Front Street, Wilmington, NC 28401
248 N Front Street, Wilmington, NC 28401
+33
248 N Front Street, Wilmington, NC 28401
  • 33
Property ID: 110094493695
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Key property information

Land Size
6,098.41 sq ft
Parking Spaces
6

Improved - Wilmington, NC

248 N Front Street, Wilmington, NC 28401
Prominent mixed use building available for purchase in the heart of Downtown Wilmington, the thriving business district during the day and happening night life hub in the after hours. 248 N. Front is a mixed use building consisting of 2 retail / business units on the first floor, both currently leased, two upper floors with 8 apartment units, and a mezzanine storage and utility floor.  The 8 apartment units are not subject to leases( owner is taking limited VRBO reservations), one unit is occupied on month to month basis. Potential uses for the upstairs units include long and short term residential rentals, more of a boutique hotel model, offices or more perhaps something more creative.  CBD zoning allows for many possibilities.  The units feature high ceilings, some with huge views of front street activity, interior brick walls, original hardwood flooring, and various enhancements to make each one unique. The 2nd and 3rd floors each have common washer and dryer stations in the hallway. Units are individually metered for electricity.  Water and sewer are commonly metered.The building comes with 6 parking spaces, which are accessed via Dickinson Alley from Chestnut St. (beside The Copper Penny).  Historically, this property held the address of 214 N Front St and was originally constructed as a dry goods store in 1908 to provide the Wilmington community retail apparel and home goods.  Over the years the building has been renovated to meet the needs of various business operations. In 2010, the property was set up as a condos, and then soon after terminated.  Those documents were recorded and are still accessible  therefore creating a path back to that ownership structure if new owner desired. Purchase your piece of Downtown Wilmington's iconic history and be a part of its bright futurePlease do not disturb tenants or guests. Retail businesses and retail contents are NOT for sale. Contact listing agent with any questions. LA must be present for showings

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Parking Spaces
6
Land Size
6,098.41 sq ft
Building Size
11,250.00 sq ft
Year Built
1908
Architecture Style
Other
Franchise
RE/MAX International
County
New Hanover
Parcel ID
R04720-006-003-000
Provider
RE/MAX Essential
Subdivision
Not In Subdivision
Brokerage Office Name
RE/MAX Essential
Brokerage Office Phone
(910) 777-2700
Address
248 N Front Street, Wilmington, NC 28401

Floorplans and tours

3D Tour

Nearby Schools

TypeSchool nameDistrict name
ElementaryNot availableNot available
HighNot availableNot available
JuniorhighNot availableNot available
MiddleNot availableNot available

Tax History

YearTax amount
2023USD $3603.15INR ₹302,360*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither makaan.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. makaan.com recommends that you independently verify any information before relying on it.

Contact Agent
Kenneth Fisher
1650 Military Cutoff Ste 100, Wilmington, NC 28403
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Kenneth Fisher
1650 Military Cutoff Ste 100, Wilmington, NC 28403
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      Property ID: 110094493695

      Data provided by RE/MAX Essential, MLS #: 100465704
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