1203 Princess ST Active Save Request In-Person Tour Request Virtual Tour
Wilmington,NC 28401
Key Details
Property Type Commercial
Sub Type Improved
Listing Status Active
Purchase Type For Sale
Square Footage 2,090 sqft
Price per Sqft $428
Subdivision Not In Subdivision
MLS Listing ID 100464449
Style Wood Frame
HOA Y/N No
Originating Board North Carolina Regional MLS
Year Built 1928
Annual Tax Amount $1,406
Lot Size 8,320 Sqft
Acres 0.19
Lot Dimensions 66 x 124
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.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning UMX-Conditional
Direction From Downtown take Market Street East, turn left on N 10th, then right on Princess and property is on the left at the corner of Princess and N 12th.
Rooms
Basement Crawl Space,None
Interior
Heating Electric,Forced Air
Cooling Central Air
Flooring Tile,Wood
Exterior
Garage Gravel,Off Street
Utilities Available Natural Gas Connected
Waterfront Description None
Roof Type Shingle
Parking Type Gravel,Off Street
Building
Lot Description See Remarks,Corner Lot
Sewer Municipal Sewer
Water Municipal Water
New Construction No
Others
Tax ID R04818-014-006-000
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None