This is a great Investment and development opportunity right in the heart of Wilmington's Central Business District. This 12,528 square foot office building has been the home of a number of Wilmington's well know businesses. The two story structure sits on a just over .27 acres, of prime land, right downtown. The location is near shopping, restaurant, hotels, government office, courthouses and is surrounded by new development. Adjoining the building is a parking lot that provides convenient to the occupants of the office and opens up a development opportunity too. The central business district zoning permits a wide range of uses and business classification by right. This property is an ideal candidate for additional in-fill that could substantially increase the usable foot print. The current code permits buildings height of 100 feet by right and 132 feet with a special use permit. Having the ability to build right up to the lot line further advances the building scale that could be achieved.
A mixed use style structure combined with the existing well maintained building opens up the opportunity for growth. Many upgrade and improvements to this property makes this a solid investment, development and a great income generating opportunity.
- Commercial Office Space with parking