21 Market Street, Wilmington, NC 28401:
Property Description

Incredible opportunity to own a piece of Historic Wilmington in the heart of downtown. This 3 story, 7051 sqft brick building, built in 1910 boasts knockout views of the Cape Fear River and downtown Central Business District. This prime location yields high foot traffic to support two existing first floor retail tenants (real estate office/tattoo parlor). Historic character maintained throughout the building including exposed brick walls, original wood floors still intact in the majority of the building. The first floor has high ceilings with original stamped tin tile and arched beams. The first floor demising wall could easily be removed to return the space to one unit for alternate use. The second floor is built out as offices (9 in total) and features a loft with iconic streetscape views.The third floor is an open space, a blank canvas begging for a grand concept, either primo residential or ”Class A” office, which could be incorporated into the 2nd floor use. The roof top experience offers spectacular views of downtown Wilmington and the river . The possibilities are endless with tons of value add potential. This building is a ”certified historic structure” and qualifies for Historic Tax Credits of up to 35%. Redevelopment Opportunities are vast – Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other for Investment, Vacant/Owner-User, Business, Residential, Hospitality, Other

Property Info
Property Type: Commercial
MLS Number: 100171398
Lot Size: 0.06 Acres
Sale Type: None
Status: Active
Property Sub Type:
Price: $1,399,000
Size: 7,371 Sqft
Year Built: 1910
Location Details
Community: Not In Subdivision
Water Features: River view
County: New Hanover
City: Wilmington
Zipcode: 28401
Street Suffix: Street
Property Features
Siding: Brick
Attic: None
Floors:
- Marble
- Wood
Air Conditioning: Central
Heating:
- Heat Pump
- Electric
Water/Sewer:
- City Water
- Municipal Sewer
21 Market Street, Wilmington, NC 28401
$1,399,000
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