This cluster of 7 buildings sits in the heart of Wilmington’s premier industrial park, Dutch Square. Currently at 100% occupancy, this is a perfect property for an investor looking for immediate income with strong upside potential.
Located on the Cape Fear River in Wilmington, NC, the Subject consists of over 29 acres that contains over 1,200 feet of waterfront. The site benefits from tremendous views of downtown Wilmington along with exceptional accessibility and visibility from the Isabella Holmes Bridge and US Hwy 421.
Of note, there has been over $300 million invested in new development in Downtown Wilmington since 2014, to include several new hotels, apartment complexes and other commercial projects. In addition, the City of Wilmington is planning for North Waterfront Park, which will be located directly across the river from the Subject and is expected to open Spring 2021.
This is a great opportunity to own a CASH FLOWING 15,000±sf* two-story, multi-tenant office building with an attached metal warehouse and fueling station. Located within the Dutch Square Industrial Park along the Market Street Corridor.
Income-producing investment property for sale in an unparalleled, central Wilmington location. Location provides easy access to Market Street, MLK Jr. Parkway, Interstate 40 and ILM (Wilmington International Airport).
On site is a +/- 68,000 SF building that contains approximately +/- 14,000 SF of office space, and +/- 54,000 SF of warehouse distribution space.
The two-story office area holds numerous private offices, conference rooms, break rooms, open cubicle areas, and five restrooms. Approximately 90% of the warehouse space is fully climate controlled, to include a +/- 2,400 SF refrigerated area. The main warehouse building is equipped with seven (7) dock high doors and four (4) drive in doors. Ceiling heights vary from 24’ to 30’ in various sections of the building.
The building sits on a large 8.46 acre lot, which can accommodate potential building expansion, additional parking, or laydown/storage yard.
The property is Zoned AI (Airport Industrial) by the City of Wilmington NC. Water & sewer is provided by CFPUA. An inactive rail spur could potentially be re-established.
The building is currently occupied on a long-term lease. Please inquire with Listing Broker for further details.
Previously a metals recycling site, this 80.32 +/- AC river front tract with dock contains approximately 57 acres of uplands. The entire parcel is zoned I-2 (Heavy Industrial) by New Hanover County. The site contains five buildings totaling 142,000 +/- square feet under roof. Approximately 44,500 SF of the large warehouse is currently leased to a building supply company (lease details by request). The site is well situated on US Highway 421 N, just west of downtown Wilmington. The property is serviced by CSX rail lines, and Duke/Progress Energy supplies electricity to the site through a customer owned, 115Kv. x 4.16Kv. substation. A 70 foot long Toledo Truck Scale is the only personal property included with the sale of the real estate. A car shredder and other on-site equipment is also available for purchase.
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