219 S Water Street, Wilmington, NC 28401

$1,149,000
1
BD
3
BA
3,489
SqFt
List Price
$1,149,000
Status
ACTIVE
MLS#
100114770
Price Change
▼ $10,000 1565727102
Days on Market
496
Year Built
2006
Levels
3 Story or More
Bedrooms
1
Bathrooms
3
Half-baths
1
Full-baths
2
Living Area
3,489
Acres
0.03
Neighborhood/Complex
Downtown

Property Description

DOWNTOWN WILMINGTON with water views! 3 sparkling units. Currently generates $7425 per month in gross rental income. Unlike anything else in downtown Wilmington! Formerly a warehouse, this conversion to mixed use on Water Street is as unique as it gets. This 3 story freestanding building is located in the Chandler's Wharf area. This building was originally part of the Hanover Iron Works complex. This building was newly constructed approx.12 years ago incorporating the antique brick walls of the old warehouse to maintain a vintage feeling. The exterior is brick & stucco accented with iron balconies & windows. This building was designed to allow for an easy condo conversion if desired and is fire sprinkled. All 3 units have separate electric & water meters. Upscale features include high ceilings, exposed metal duct work, ceramic tile & wood floors. Includes 3 deeded parking spaces and is located next door to a public parking area as well. Sweeping views of the Cape Fear River, both bridges, the Battleship & the Wilmington Historic District await you. This will be your favorite spot for fireworks for years to come. This building offers an easy conversion for many uses or enjoy it as it is. The first floor is ideal for a bar, small restaurant, gallery, retail or office space. The 2nd floor has a one bedroom unit and also has a gym. The penthouse on the top floor is probably one of the nicest downtown apartments you will see. Truly an impressive space to live and entertain. This space has been the home for many celebrities while visiting Wilmington. Beautiful condition in a superb location. High and dry during Hurricane Florence with no flooding on Water Street in this area!

Additional Information

Available Amenities
No Amenities
Interior Features
9Ft+ Ceilings, Foyer
Cooling
Central
Heating
Electric, Forced Air
Foundation
Slab
Roof
Membrane
Exterior Finish
Brick, Stucco
Exterior Features
River View, Balcony
Parking
On Site, Paved
Utilities
Municipal Sewer, Municipal Water
Lot Water Features
River View
Elementary School
Snipes
Middle School
Williston
High School
New Hanover

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Port City Properties, Inc.

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