124 South Front St

$2,600,000, 14,799 Sqft .41 Acres

About This Property

Located in the Central Business District of Historic Downtown Wilmington with frontage on two high pedestrian trafficked and moderate vehicle trafficked streets, Old-Wilmington City Market has been positioned as a retail node in the South Front Street corridor for over 130 years. This Circa 1887, exquisitely preserved +/-14,700sf building is a unique investment opportunity in the rapidly growing section of Front St south of Market. Just steps to the Riverwalk and myriad boutique hotels, fine dining, shopping and nightlife, this location is prime for continuing its current use as a boutique shopping destination and/or exploring new business verticals such as the booming wedding and event industry.Old-Wilmington City Market is designed as a mini downtown streetscape with shops flankingThe offering includes a vacant +/-.16 acre riverfront lot addressed 122 S Water St, prime for building and connecting to the Riverwalk with rights to dockage and potential for approximately 100' of floating dock. This site is perfect for a mixed use building including a restaurant, residential and event space. CBD zoning allows a variety of commercial and hospitality uses and is the only zoning that allows short term vacation rentals in the Historic District.

Essential Information

MLS® #100174913
Price$2,600,000
Bathrooms0.00
Square Footage14,799
Acres0.41
Year Built1887
TypeCommercial
Sub-TypeRetail, Shopping Center
StatusActive

Community Information

Address124 South Front St
AreaDowntown
SubdivisionDowntown
CityWilmington
CountyNew Hanover
StateNC
Zip Code28401

Amenities

UtilitiesCity Water
Parking Spaces25
ParkingPaved, Street Only

Features

Electric 3 Phase, Fire Alarm, Skylights

Waterfront

River View, River Front, Water Depth 4+, Boat Dock

Interior

HeatingNatural Gas
CoolingCentral Forced Air

Exterior

ExteriorStone
Lot Description87 x 205 x 87 x 202
RoofMembrane
ConstructionBrick/Stone
FoundationCrawl Space, Slab

Additional Information

Date ListedJuly 11th, 2019
Days on Market54
ZoningCBD

Listing Details

OfficeNest Realty

Get directions to this property:

Copyright 2019 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

Have a Question?

Contact Us

Follow Us