116 Dock Street, Wilmington, NC 28401 (MLS# 30495940)


$669,000
116 Dock Street
Wilmington, NC 28401
MLS# 30495940
Status: Closed
4026 sqft


116 Dock Street, Wilmington, NC 28401
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116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401 116 Dock Street, Wilmington, NC 28401

Property Description
Historic Downtown apartment building The Livery'', named for its past use as a horse livery located in the heart of everything. Tremendous income potential! This property is two parcels consisting of eleven 1BR apartments (currently renting for $900 per month) and over 6,500 sf of shell commercial space that could be used for a reception hall, retail, office, warehouse, art gallery or even more residential apartments. The possibilities are endless. Fully Leased this property could gross approx. $145K annually! The apartment portion of the building has an attractive solarium like courtyard with exposed metal beams and brickwork, an attractive security gate with great urban/bohemian style. The units are approx. 466 sf each. The property can be accessed from Dock St (one of the

Details
Maps
Contract Info
Status: Closed
Effective Date: 2013-09-04
Delayed Marketing Date (DM): 2013-09-04
Auction: No
Listing Price: 799000
Current Price: $669,000
List Price/SqFt: 198.46
Sub Agent Comm: 4
Sub Agent Comm $/%: %
Buyer Agent Comm: 4
Buyer Agent Comm $/%: %
Variable Comm: No
Location Information
Street #: 116
Modifier #: 118
Street Name: Dock
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
Marketing City: Wilmington
Subdivision: Historic District
Geo Lat: 34.233938
Geo Lon: -77.947785
Remarks and Showing
Directions to Property: Take Market St SW to Historic Downtown Wilmington. Take to the waterfront. Make a left onto 2nd St. Then make your first right onto Dock St towards the river. The property will be on the left behind the Hotel Tarrymore that faces 2nd St.
Sign on Property: Yes
Building Info
New Construction: No
Presale: No
Property Exterior/Interior Info
Lot Acres: 0.36
Lot SqFt: 15682
Location Type: Mainland
SqFt - Heated (Primary): 4026
# Total Units: 11
Stories: 2
Legal and Taxes
Deed Book: 5643
Deed Page: 1275
Legal: EM 1/2/3 WILMINGTON BLK 139
PID: R05405001003000
Special Assessments: None
Year Built: 1937
Zoning: CBD
Elementary School: Snipes
Middle School: Williston
High School: New Hanover
School District: New Hanover
Status Change Info
Under Contract Date: 2014-01-15
Sold Price: $669,000
Sold Date: 2014-02-04
Garage & Parking
Other - See Remarks: 12 Site
Current Service Providers
Electric Provider: Duke Energy
Sewer Provider: City/Town
Water Provider: City/Town
Side/Unit 1
Occupied: Yes
Side/Unit 2
# of Bedrooms: 1
Full Baths: 1
Avg SqFt: 466
Occupied: Yes
Side/Unit 3
Occupied: Yes
Side/Unit 4
Occupied: Yes
Property Features
Basement: None
Construction: Brick/Stone; Concrete
Foundation: Slab
Parking Features: On Site
Road Type/Frontage: Paved; Public (City/Cty/St)
Lot Water Features: Water Access Comm
Cooling: Wall/Window Unit(s)
Heating System Fuel Source: Electric
Utilities: Municipal Sewer; Municipal Water
Appliances/Equip: Refrigerator
Fireplace: None
Side/Unit 2 Cooling: Wall/Window Unit
Side/Unit 2 Heating: Electric
Side/Unit 2 Appliance: Refrigerator
HOA and Neigh Amenities: Sidewalk
Terms: Cash; Conventional
Supplements
last surviving streets with brick pavers) or the alley access behind the property that enters the parking lot included with these two parcels.

Listing Office: Berkshire Hathaway HomeServices Carolina Premier Properties

Last Updated: August - 01 - 2019

116 Dock Street, Wilmington, NC 28401 - MLS# 30495940
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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