213 S Wright Street, Burgaw, NC 28425 (MLS# 100505099)

213 S Wright Street, Burgaw, NC 28425

$300,000
Property Type: Comm Sale or Lease Square Footage: 1,430 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $300,000 List Date: 5/02/2025 Last Modified: 6/19/2025

Description

Prime Commercial Opportunity in Historic Downtown Burgaw Income-Producing Property with Tenant in PlaceDiscover a rare investment opportunity in the heart of charming, historic downtown Burgaw. This well-maintained commercial building offers excellent visibility, walkability, and character—perfectly positioned along a bustling corridor surrounded by local shops, restaurants, and community events.Currently leased through August, the tenant has expressed interest in extending their lease, providing immediate income potential for the next owner. Whether you're seeking a turnkey addition to your investment portfolio or envisioning your own business in a vibrant, small-town setting, this property delivers both flexibility and stability.Don't miss your chance to own a piece of Burgaw's historic downtown with built-in rental income and future growth potential. Schedule your private showing today!

More Information MLS# 100505099

Contract Info

Available Date: 2025-05-02 Status: Active Delayed Marketing?: No Marketing Start Date: 2025-05-02 Garage: N/A Sale/Lease: Sale Listing Price: 300000 Current Price: $300,000 List Price/SqFt: 209.79 Stipulation of Sale: Standard

Location Information

Street #: 213 Pre Direction: S Street Name: Wright Street Suffix: Street County: Pender State/Province: NC Zip Code: 28425 City Limits: No Marketing City: Topsail Beach Subdivision: Not In Subdivision Secondary Subdivision: N/A Geo Lat: 34.548867 Geo Lon: -77.926147

Remarks and Showing

Directions to Property: From I-40, take Exit 398, head west on NC-53, turn left on S Wright Street—building is on the right. Currently being leased by Little Town Learning center Sign on Property: Yes

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 1430

Legal and Taxes

Tax Assessed Value: 127138 Deed Book: 4678 Deed Page: 90 Legal: .14 AC BLDG 213 ON WRIGHT ST Broker Owner: No PID: 3229-32-2488-0000 Tax Identifier: 3229-32-2488-0000 Plat Book: - Plat Page: - Total Real Estate Property Taxes: 1716.36 Special Assessments: none known Tax Year: 2024 Year Built: 1995 Zoning: B1 Cobra Zone: No

Miscellaneous

Current Use: Learning center

Financial Info

Cap Rate %: 8

Property Features

Business Type: Business Flex; Food Service; Mixed; Professional/Office; Retail; Commercial; Professional Service Construction: Brick/Stone; Wood Frame Exterior Finish: Vinyl Siding Flooring: LVT/LVP Foundation: Slab Parking Features: Public; Street Only Roof: Shingle Current Use: Commercial Location: Freestanding; Historic District Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Terms: Cash; Conventional Lease Types: Net
Listing Office: Keller Williams Innovate-Wilmington
Last Updated: June - 19 - 2025
213 S Wright Street, Burgaw, NC 28425- MLS# 100505099
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