415 N 7th St

Wilmington, NC 28401 View Map $500,000 Ask a Question
Sq.Ft.2,349
Year1984
415 N 7th St Wilmington, NC 28401 | MLS 100356827 Photo 1
415 N 7th St Wilmington, NC 28401 | MLS 100356827 Map

Smith & Associates Real Estate Solutions

(252) 258-8168

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Status: Sold
Property Type:Office
MLS #:100356827
Sq. Feet:2,349
Date Sold:2/29/2024
Lot Size:5,445 Sq. Ft.
County:New Hanover
Owner financing with flexible terms available. Further detail available upon request. Wonderful investment opportunity located in the Historic District, as well as the up and coming Rail-Trail District. Beautiful location with large trees, mature landscaping, brick streets and granite curbs. The site was recently modified to include the driveway cut and full parking lot. See map and aerial images attached. This property has been updated and is turn-key ready for the next owner. The roof and HVAC systems have also been updated in recent years. Interior includes three bathrooms, several common areas, and ten office suites. See floor plan attached.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
12/13/2022$660,000$640,000-3%
4/4/2023$640,000$599,000-6.4%
10/23/2023$599,000$549,000-8.3%
2/29/2024$549,000$500,000-8.9%

Community Information

Address:415 N 7th St, Wilmington, NC 28401
County:New Hanover
City:Wilmington
Secondary Subdivision:N/A
Subdivision:Rankin Place North
Zip Code:28401

Features / Amenities

Flooring: Laminate, Tile
Parking Features: Off Street
Heating: Electric

Property Features

Lot Size: 0.12 Acres / 5,445 Sq. Ft.
Lot Dimensions:33x165
Road Frontage: City Street, State Road
Zoning:HD-MU
Directions:Market St (17) south into downtown, turn right onto N 7th St, building is on the left between Walnut St and Red Cross St

Tax and Financial Info

Buyer Agency Compensation Type: %
Tax Year: 2022
Tax Annual Amount: $2,796.50
Listing Terms: 1031 Exchange, Cash, Conventional
Documents Available: Survey, Floor Plan
Legal Description: NE 1/4 BLK 223
Association Amenities: No Amenities

Schools

WALKING AND TRANSPORTATION

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Listing provided courtesy of Sold Buy The Sea Realty.