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Commercial: MLS #100517139 Wilmington, NC $ 2,750,000
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$ 2,750,000 Get more info
Commercial: MLS #100517139
$ 2,750,000
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Commercial: MLS #100517139

Wilmington, NC, 28405
$ 2,750,000
Bedrooms-- Baths--

Monthly Estimate*

$ 17,156

MLS #/Web ID: 100517139 - Image 1
MLS #/Web ID: 100517139 - Image 2
MLS #/Web ID: 100517139 - Image 3
MLS #/Web ID: 100517139 - Image 4
MLS #/Web ID: 100517139 - Image 5
MLS #/Web ID: 100517139 - Image 6
MLS #/Web ID: 100517139 - Image 7
MLS #/Web ID: 100517139 - Image 8
MLS #/Web ID: 100517139 - Image 9
MLS #/Web ID: 100517139 - Image 10
MLS #/Web ID: 100517139 - Image 11
MLS #/Web ID: 100517139 - Image 12

Commercial Property for sale in Wilmington, NC

for $2,750,000. This building was built in 1971 on a lot size of 0.25.

11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes—all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward. This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026. Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independence Blvd extension, this area is poised for continued growth—making this a strategic, cash-flowing opportunity in one of Wilmington's fastest-growing pockets. Rent roll and Section 8 docs available upon request.

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Commercial Active

Price

$ 2,750,000

Property Type

Commercial

Taxes

$ 1,281

Style

Commercial Sale

Lot Size

0.25

Year Built

1971

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100517139
Features
General
Heating Electric
Zoning MD-17
Year Built 1971
Tax Year 2024
Taxes 1281.51
Parcel Number R04909-001-003-000
County New Hanover
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name Creekwood
Garage Y/N N
Status Active
Directions Market Street to Princess Place Drive to N. 30th Street left on Emory Street.
City Wilmington
Lot Size Units Acres
Lot Size Square Feet 10716.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Standard Status Active
Tax Assessed Value 147300
Legal Description Lot 17 Blk H Creekwood North
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Exterior
Lot Size Area 0.25
Spa N
Building Area Total 0
Lot Dimensions irregular
Lot Size Acres 0.25
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
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Internal Only
Street Number 1 1101
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* Excluded Features
List By
Adam Hashem

Listing Agent

East Atlantic Realty Llc

Broker

adam.hashem7@gmail.com

Email

Affordability Calculator

$17,263
Per Month
99%
1%
0%
Monthly Principal & Interest
$17,156
Monthly Property Taxes
$107
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/2/2025$2,750,000 Listed Price

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