124 S Front St.

124 S Front St
Wilmington, NC 28401

CATEGORY: Commercial Real Estate for Sale

Realtor: Eric Knight, Nest Realty.

Phone: 910-367-2253

Price: $2,600,000.

Building and riverfront lot. Located in the Central Business District of Historic Downtown Wilmington with frontage on two high pedestrian trafficked and moderate vehicle trafficked streets, Old-Wilmington City Market has been positioned as a retail node in the South Front Street corridor for over 130 years. This Circa 1887, exquisitely preserved +/-14,700 SF building is a unique investment opportunity in the rapidly growing section of Front St south of Market. Just steps to the Riverwalk and myriad boutique hotels, fine dining, shopping and nightlife, this location is prime for continuing its current use as a boutique shopping destination and/or exploring new business verticals such as the booming wedding and event industry.  Old-Wilmington City Market is designed as a mini downtown streetscape with shops flanking a central atrium. This property's position and popularity in the area has seen some of its tenants enjoy success for over 20 years in business, making the location a Downtown Wilmington institution and model for success in retail. The offering includes a vacant +/-.16 acre riverfront lot addressed 122 S Water St, prime for building and connecting to the Riverwalk with rights to dockage and potential for approximately 100' of floating dock. This site is perfect for a mixed use building including a restaurant, residential and event space.