2006 Princess Place Drive, Wilmington, NC 28405 (MLS# 100554420)

2006 Princess Place Drive, Wilmington, NC 28405

$499,000
Property Type: Comm Sale or Lease Lot Size (sq. ft.): 14,375 Status: Active
Current Price: $499,000 List Date: 5/15/2026 Last Modified: 5/15/2026

Overview

Description

Unique redevelopment opportunity in highly desirable area close to Downtown Wilmington located on well-traveled connector road Princess Place Drive. Existing cement block building of 5636 sqft. which holds the key to valuable land beneath. Ample road frontage and great visibility. Close to Mary Bridgers and Bullock parks, the greenway, and Wilmington's Cape Fear Rugby facility/field. Neighborhood business uses appropriate /CB zoning. Building being sold as-is. Asbestos abatement is roughly 90% complete.

Listing Details MLS# 100554420

Contract Info

Available Date
2024-07-19
Delayed Marketing?
No
Marketing Start Date
2026-02-13
Sub-Type
Business
Garage
Masterlock
Listing Price
499000
Stipulation of Sale
Standard

Location Information

Street #
2006
Street Name
Princess Place
Street Suffix
Drive
County
New Hanover
State/Province
NC
Zip Code
28405
City Limits
Yes
Subdivision
Green Acres
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
Drive south on Market St. towards downtown. Turn right onto 23rd street, and then left onto Princess Place. Property will be about 1/4 mile ahead on the left hand side.
Sign on Property
Yes

Building Info

New Construction
No

Legal and Taxes

Tax Assessed Value
517000
Deed Book
6016
Deed Page
1625
Legal
LOT 100X142AV PRINCESS PL
Broker Owner
No
PID
R04815-017-017-000
Tax Identifier
R04815-017-017-000
Plat Book
n/a
Plat Page
n/a
Total Real Estate Property Taxes
3042.55
Special Assessments
none
Tax Year
2025
Year Built
1965
Zoning
CB-COMMUNITY B
Cobra Zone
No

Current Service Providers

Electric Provider
Duke Progress Energy
Water Provider
Cape Fear Public Utility Authority

More Information

Building/Ext Features

ud_i_07
104
# of Units
0
Fireplace Y/N
No
Lot Acres
0.33
Lot SqFt
14375
Lot Dimensions
104'x127'x106'x158'
SqFt - Total Available
5636
SqFt - Warehouse
5636
Location Type
Mainland

Showing Instructions

Special Instructions
Yes

Current Use

Vacant
Yes

Frontage Type

See Remarks
Yes

Construction

Block
Yes

Exterior Finish

Block
Yes

Terms

Cash
Yes
Conventional
Yes

Foundation

Slab
Yes

Flooring

Concrete
Yes

Parking Features

Asphalt
Yes
Attached
Yes
Concrete
Yes
Off Street
Yes

Sale/Lease Includes

Buildings
Yes

Roof

Flat
Yes
Membrane
Yes
Steel Joists/Truss
Yes
Tar/Gravel
Yes
See Remarks
Yes

Lot Description

Open Lot
Yes

Road Type/Frontage

Paved
Yes
Public (City/Cty/St)
Yes

Location

Freestanding
Yes

Heating

None
Yes

Heating System Fuel Source

None
Yes

Utilities

Electricity Connected
Yes
Sewer Available
Yes
Water Available
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Property Features

Showing Instructions: Special Instructions Frontage Type: See Remarks Construction: Block Exterior Finish: Block Flooring: Concrete Foundation: Slab Parking Features: Asphalt; Attached; Concrete; Off Street Roof: Flat; Membrane; Steel Joists/Truss; Tar/Gravel; See Remarks Lot Description: Open Lot Current Use: Vacant Location: Freestanding Heating: None Heating System Fuel Source: None Utilities: Electricity Connected; Sewer Available; Water Available Sewer: Public Sewer Water Source: Public Terms: Cash; Conventional
IDX
Listing Office: Intracoastal Realty Corporation
Last Updated: May - 15 - 2026
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