1203 Princess Street, Wilmington
$975,000
MLS Number:
100489071Built:
1928Sq Ft:
2090Listing Date:
Feb 14, 2025
100489071Built:
1928Sq Ft:
2090Listing Date:
Feb 14, 2025
This unique business and commercial property in the Wilmington Soda Pop District offers an excellent live-work-play opportunity. Located at the corner of Princess Street and N 12th Street, the property includes the Folk Cafe, a long-standing community staple, and a two-bedroom residential unit. The building spans 2,090 square feet, with 800 SF for the cafe and 1,290 SF for the residence. Situated on just under .2 acres in an Urban Mix Zoned area, the property was recently rezoned to UMX conditional, allowing for an additional residence. The property features a spacious patio, backyard, and multiple access points via Princess, N 12th Street, and a northern alleyway. The business, business name, equipment and business personal property are all included with the sale. With ongoing area growth, this is a prime opportunity for continued business success.
Address: 1203 Princess Street
City: Wilmington
State: NC
Zip: 28401
Area: Not In Subdivision
Lot Size: 0.19 acres
Property Type: Commercial
Sub Type: Business Service,Food Service,Office,Mixed Use,Commercial
Sale or Lease: Sale
Heating: Forced Air
Cooling: Central
Listing Office: Intracoastal Realty Corp