SUBSTANTIAL PRICE DROP! Great reuse/redevelopment potential for 616 Market St AND 10 S 7th St. Existing building is in shell condition, and could be repurposed or removed. Lot is 0.25 acres. Parcel adjacent and behind 616 Market is currently a parking lot. This is 0.15 acres and combined with 616 Market it's a total of 0.40 acres. A plan previously approved by the city indicates 30+ parking spaces. Neighboring property (house/office) at 8 S 7th St is potentially available but has no off-street parking. Could be a good opportunity to combine all three parcels/buildings. Great visibility with Market St frontage, between 6th and 7th street, adjacent to David Lyle Architecture and Carolina Retirement Planners. Previously approved plans for a law office with parking is attached to this listing. Links to HD and HD-R zoning: https://library.municode.com/nc/wilmington/codes/code_of_ordinances?nodeId=PTIIITECO_CH18LADECO_ART5ZODIRE_DIVIIDIRE_S18-187HDHIDI https://library.municode.com/nc/wilmington/codes/code_of_ordinances?nodeId=PTIIITECO_CH18LADECO_ART5ZODIRE_DIVIIDIRE_S18-189HIDISI
| Property Type | Retail |
|---|---|
| Property Use | Vacant |
| Zoning | HD (HISTORIC DISTRICT) |
| Listing ID | WC4BJ6 |
| MLS ID | 30651392 |
| Style | Retail – Free Standing |
| Building Size | 4,328 SF |
| Lot Size | 0.4 AC |
| Available Date | Sep 17th, 2020 |
| Lot Size: | Under 1/2 Acre |
| Water: | City Water |
| Sewer: | City |
