1203 Princess Street, Wilmington, NC 28401

$896,000
List Price
$896,000
Status
ACTIVE
MLS#
100464449
Days on Market
11
Year Built
1928
Acres
0.19
Neighborhood
Not In Subdivision
Stipulations
None

Property Description

Unique commercial property opportunity in the Wilmington Soda Pop District. The Folk Cafe Building consisting of a retail/cafe store front and residential unit that sits prominently at the corner of Princess Street and N 12th Street. Folks has been a tradition and community staple in this area for years. The existing building consist of a total of 2090 square feet(800 SF for the Cafe and 1290 for the residence). This corner lot size is just under .2 acres and located in a Urban Mix Zoned area. The property was recently rezoned to UMX conditional. The rezoning also authorize the placement of an addition residence on the site. In addition to the cafe and residence, there a spacious patio and back yard to enhance the business and the residence. This property has frontage on Princess and N 12th Street. It also as the benefit of an alley way to the north as another access options. This type of live, work and play opportunity does not come up often. The growth in the area definitely lends this property to continued growth.

Additional Information

Available Amenities
No Amenities
Cooling
Central Air
Heating
Electric, Forced Air
Floors
Tile, Wood
Roof
Shingle
Exterior Finish
Brick Veneer, Vinyl Siding, Wood Siding
Lot Information
See Remarks, Corner Lot
Utilities
Natural Gas Connected
Lot Water Features
None
Water
Municipal Water
Sewer
Municipal Sewer

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 Intracoastal Realty Corp.

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