115 South Front St
HISTORIC DOWNTOWN
Wilmington, NC
 

The Historic A.D. Wessel is being offered for sale. This New Orleans style building is teeming with Historic Charm. Currently leased with an long term tenant, but possibilities are endless for endeavorsdown the road. First floor is home to Aubriana's Fine Dining and above are 2 residential units each boasting private porches and views of the Cape Fear River. Building also has an attached private courtyard that is a gem in an urban setting and could possibly be developed one day or be used as private parking. Building is offered as-is.

1/5

Commercial Real Estate for Sale | Commercial | Retail

SOLD
115 South Front Street Wilmington by Christian Cardamone Broker/Realtor
115 South Front Street Wilmington by Christian Cardamone Broker/Realtor
THE FINANCIALS

Cap Rate: 8.5%

Occupancy: 100%

Tenancy: Multiple

Net Operating Income: $$75,000 (approx)

115 South Front Street Wilmington by Christian Cardamone Broker/Realtor
THE SPECIFICS

Price: $899,900

Building Size: 3,705 SF

Lot Size: 0.08 AC

Price/SF: $242.89

Property Type: Retail

Property Sub-type: Free Standing Bldg

Property Use Type: Investment

Commission Split: 2.5%

115 South Front Street Wilmington by Christian Cardamone Broker/Realtor
 
 
115 South Front Street Wilmington by Christian Cardamone Broker/Realtor
115 South Front Street Wilmington by Christian Cardamone Broker/Realtor
Contact me for more info
CHRISTIAN CARDAMONE
910-262-3399 mobile
christiancardamone@gmail.com
 
115 South Front Street Wilmington by Christian Cardamone Broker/Realtor
 
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Christian Cardamone, Broker/REALTOR®

1001 Military Cutoff, Suite 101
Wilmington, NC 28405

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