1111 The Cape Boulevard, Wilmington, NC 28412

$850,000
5,769
SqFt
Sold Price
$850,000
List Price
$1,250,000
Status
CLOSED
MLS#
100274405
Closing Date
May 20, 2022
Days on Market
170
Year Built
1984
Living Area
5,769
Acres
2.68
Neighborhood
Other
Stipulations
REO

Property Description

Imagine the possibilities of this 5500 + building, sitting on appr. 2.68 acres on Hi-way 421. Minutes from Pleasure Island, home to Carolina and Kure Beach, with easy access to Hi-way 421 South. The O & I zoning allows many uses for this parcel. The building is currently being used as an auditorium and classrooms. This property is close to shopping, dining, medical facilities, library, and best of all- the beach. Downtown Historic Wilmington is only minutes away, and the Southport- Fort Fisher ferry is also close. Enjoy a day at the Fort Fisher Aquarium. Builders, this property allows several different dwelling uses, or consider a day care and school. Possibilities abound with the property. Any personal property inside the buildings does not convey. ( A 1990 appraisal shows exterior walls are ''sprayed on white apoxy-cement stucco over brick primer, stiple finish on concrete. '' ) New Hanover permits only go back 8 years. Not verified.Building age is 1984, but old appraisal shows the one part of building was constructed in 1979. Also not verified.

Additional Information

Taxes
$4,518
Exterior Finish
See Remarks

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Sea Coast Advantage-Cb. Selling Office: Coldwell Banker Sea Coast Advantage-Midtown.

Copyright 2024 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.