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Property Details


Active 1203 Princess Street, Wilmington, NC 28401

$896,000 Sq/Ft: 0

Location

Unique commercial property opportunity in the Wilmington Soda Pop District. The Folk Cafe Building consisting of a retail/cafe store front and residential unit that sits prominently at the corner of Princess Street and N 12th Street. Folks has been a tradition and community staple in this area for years. The existing building consist of a total of 2090 square feet(800 SF for the Cafe and 1290 for the residence). This corner lot size is just under .2 acres and located in a Urban Mix Zoned area. The property was recently rezoned to UMX conditional. The rezoning also authorize the placement of an addition residence on the site. In addition to the cafe and residence, there a spacious patio and back yard to enhance the business and the residence. This property has frontage on Princess and N 12th Street. It also as the benefit of an alley way to the north as another access options. This type of live, work and play opportunity does not come up often. The growth in the area definitely lends this property to continued growth.

More Information

City Limits: Yes

Lot Acres: 0.190

Days On Market: 48

New Construction: No

Construction: Wood Frame

Foundation: Crawl Space

Water Heater: See Remarks

Heating: Electric,Forced Air

Cooling: Central Air

Basement: Crawl Space,None

Flooring : Tile,Wood

Fuel Tank : None

Green Bldg Features : None

Subdivision : Not In Subdivision

Lot Dimensions : 66 x 124

Lot Description : Corner Lot

Lot Water Features

  • None

Utilities

  • Natural Gas Connected

Garage Parking

Garage Parking Total : 3.00

Parking Driveway : Gravel,Off Street