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206 S Kerr Avenue # Unit 118f Wilmington, NC $ 260,000
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$ 260,000 Get more info
206 S Kerr Avenue # Unit 118f
$ 260,000
Back to search
Share Save

206 S Kerr Avenue # Unit 118f

Wilmington, NC, 28403
$ 260,000
Bedrooms-- Baths-- Sq 1,008

Monthly Estimate*

$ 1,601

206 S Kerr Avenue # Unit 118f, Wilmington, NC 28403 - Image 1
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206 S Kerr Avenue # Unit 118f, Wilmington, NC 28403 - Image 7
206 S Kerr Avenue # Unit 118f, Wilmington, NC 28403 - Image 8
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Commercial Property for sale in Wilmington, NC

for $260,000. This 1,008 square foot building was built in 2000.

Tired of paying rent? Here's your opportunity to own your space. This **vacant end-unit commercial property** is ready for you to customize to fit your business needs. The current layout features a bright showroom/lobby with side windows for additional natural light, a separate reception or checkout area, **five individual offices**, **two restrooms** (one with a shower), and a **breakroom equipped with cabinets and a refrigerator**. The flexible floor plan offers numerous possibilities—you can occupy one office and lease the others, maintain a shared reception area, or redesign the layout entirely to support your operations. One of the greatest advantages of this property—beyond the value—is its **prime location**. Situated near Market Street and the airport, you'll be surrounded by a variety of established businesses. This end unit is part of a four-unit complex with three other active businesses. A versatile space in a highly convenient setting—ready for you to make it your own.

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Commercial Active

Price

$ 260,000

Property Type

Commercial

Taxes

$ 1,200

Style

Commercial Sale

Year Built

2000

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100544829
Features
General
Heating Heat Pump Electric Forced Air
Cooling Central Air Heat Pump
Utilities Electricity Connected Phone Available
Possession Negotiable
Zoning CS
HOA Fee 2094.84
Year Built 2000
Unit Number Unit 118f
Tax Year 2025
Current Use Vacant
Taxes 1200.54
Location Business Park Corner
Parcel Number R04918-001-009-023
Business Type Professional/Office Mixed Retail Commercial Professional Service Business Service Business Flex
Assoc Fee Paid Per Annually
County New Hanover
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
Association Amenities Roof Maintenance Maintenance Common Areas Management Master Insure
HOA Y
Attached Garage N
Subdivision Name South Kerr Business Center
Garage Y/N N
Status Active
Directions From College Road take Market toward downtown-left on S Kerr Ave. past Cinema Drive-South Kerr Business Center is on the right turn in then immediate left into the Center 118F is on the far end of th
City Wilmington
Association Name South Kerr Business Center
Lot Size Square Feet 0.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Showing Instructions Lockbox Vacant2 See Remarks15
Home Warranty Y/N N
Lease Considered Y/N N
Availability Date 2025-12-09
Standard Status Active
Tax Assessed Value 204000
Legal Description Unit118F Ph2 Sec Aa South Kerr Business Center
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Interior
Flooring Carpet Vinyl
Water Heater Electric
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
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Exterior
Parking Features Parking Lot Lighted On Site
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 1008.6
Lot Dimensions one unit of business center
Lot Size Acres 0
Waterfront Y/N N
Road Frontage Type City Street State Road 4+ Lanes
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 206
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* Excluded Features
List By
Gail R Bailey

Listing Agent

Intracoastal Realty Corp

Broker

c21gbailey@aol.com

Email

Affordability Calculator

$1,701
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,601
Monthly Property Taxes
$100
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
12/10/2025$260,000 Listed Price

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206 S Kerr Avenue # Unit 118f, Wilmington, NC, 28403 is a Commercial Property for sale at $260,000 with 1,008 sqft. 206 S Kerr Avenue # Unit 118f was built in 2000. The property's zip code is 28403 which is in Wilmington, NC

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