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102 S Second St
4,818 SF Retail Condo Unit Offered at $1,990,000 in Wilmington, NC 28401
INVESTMENT HIGHLIGHTS
- Sale includes all FFE.
- High visibility
EXECUTIVE SUMMARY
This area of Downtown Wilmington has experienced tremendous growth in the last few years, making it the perfect location for a restaurant to thrive. Subject is located across the street from Dram Yard and the Arrive Hotel. A 55 room expansion and retail is planned on the adjacent parcel to the south.
PROPERTY FACTS
| Price | $1,990,000 | Sale Type | Owner User |
| Unit Size | 4,818 SF | Building Class | B |
| No. Units | 1 | Floors | 2 |
| Total Building Size | 10,600 SF | Typical Floor Size | 5,300 SF |
| Property Type | Retail (Condo) | Year Built | 1988 |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.21 AC |
| Price | $1,990,000 |
| Unit Size | 4,818 SF |
| No. Units | 1 |
| Total Building Size | 10,600 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Owner User |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 5,300 SF |
| Year Built | 1988 |
| Lot Size | 0.21 AC |
1 UNIT AVAILABLE
Unit 102
| Unit Size | 4,818 SF | Condo Use | Retail |
| Price | $1,990,000 | Sale Type | Owner User |
| Price Per SF | $413.03 |
| Unit Size | 4,818 SF |
| Price | $1,990,000 |
| Price Per SF | $413.03 |
| Condo Use | Retail |
| Sale Type | Owner User |
DESCRIPTION
The property includes all front of house FF&E and
kitchen equipment, 2 bars, and seating which can
accommodate up to 200 people. Tarantelli’s
invested over $1M in this space in order to make it
the beautiful, well-designed restaurant it is today.
SALE NOTES
Located on the vibrant corner of South 2nd Street and Dock Street, this 4,818 SF restaurant space has a long history of success. The current operator, Tarantelli’s, is looking to relocate to a larger space.
NEARBY MAJOR RETAILERS
ZONING
| Zoning Code | CBD (Central Business District) |
| CBD (Central Business District) |
Presented by
102 S Second St
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