277 N Front Street, Wilmington, NC 28401 (MLS# 100256246)


$950,000
277 N Front Street
Wilmington, NC 28401
MLS# 100256246
Status: Closed
2826.13 sqft


277 N Front Street, Wilmington, NC 28401
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277 N Front Street, Wilmington, NC 28401

Property Description
Historic multi-use building built in 1900 on the corner of Front St and Grace St. Directly adjacent to River Place, Cotton Exchange, the Hilton Ballast, and many retail stores and restaurants. Property consist of 33' of street access on Front St with 5652 sf of mixed use space. Currently space has 33' x 25' showroom with remaining space set up as offices. However it can be up-fitted to suit. The lower basement access is located on Grace Street which was previously used for storage. It has lots of character and could potentially be converted to retail space or bar. The basement adjoins the area behind the building which can be used for parking. The upper and lower levels can be leased together or separate.

Details
Maps
Contract Info
Status: Closed
Effective Date: 2021-02-10
Delayed Marketing Date (DM): 2021-02-10
Auction: No
Listing Price: 1050000
Current Price: $950,000
List Price/SqFt: 371.53
Sub Agent Comm $/%: %
Buyer Agent Comm: 3
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 277
Pre Direction: N
Street Name: Front
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Historic District
Secondary Subdivision: N/A
Geo Lat: 34.238642
Geo Lon: -77.949476
Remarks and Showing
Directions to Property: Take Market Street west towards river, turn right/north onto Front Street. Property will be 3 blocks down on the left at the SW corner of Front and Grace.
Sign on Property: Yes
Building Info
New Construction: No
Building/Ext Features
# of Parking Spaces: 4
# of Units: 2
Lot Acres: 0.11
Lot SqFt: 4752
Lot Dimensions: 33x144
SqFt - Apx Total: 5652
SqFt - Total Available: 5652
SqFt - Heated (Primary): 2826.13
SqFt - Retail/Display: 2826
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 508700
Total City Real Estate Property Tax: 2494
Deed Book: 6155
Deed Page: 1118
Legal: Pt Lot 1 Blk 190 Wilm
Broker Owner: No
PID: 311708.79.5522.000
Tax Identifier: R04720-007-020-000
Total Real Estate Property Taxes: 2494.16
Special Assessments: No
Tax Year: 2020
Year Built: 1900
Zoning: CBD
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Status Change Info
Under Contract Date: 2021-07-18
Sold Price: $950,000
Sold Date: 2021-11-04
Road/Trans Access
County Highway: Less than 5 Miles
Interstate: 6 - 10 Miles
Port: Less than 5 Miles
State Highway: Less than 5 Miles
Current Service Providers
Electric Provider: Duke Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Property Features
Sub-Type: Business Flex; Food Service; Medical; Mixed Use; Office; Retail
Attic: Floored - Partial
Basement: Finished - Partial; Outside Entrance
C & I Features: Delivery Door; Reception Area; Security System; Storage Inside
Construction: Brick/Stone
Exterior Finish: Brick
Flooring: Carpet; Concrete
Foundation: Block
Fuel Tank: None
Sale/Lease Includes: Buildings
Parking Features: Off Street; On Site; Paved
Road Type/Frontage: Alley; Paved; Public (City/Cty/St)
Roof: Membrane
Lot Description: Corner Lot
Location: Cent Business District; Corner; Historic District
Lot Water Features: None
Cooling: Central
Heating: Forced Air
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Municipal Sewer; Municipal Water
Terms: Cash; Conventional
Lease Types: Full Service

Listing Office: Intracoastal Realty Corp

Last Updated: November - 05 - 2021

277 N Front Street, Wilmington, NC 28401 - MLS# 100256246
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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