Prime Commercial Opportunity in Historic Downtown BurgawIncome-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,… Read More 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! Read Less
Courtesy of Nancy Laslo, Keller Williams Innovate-Wilmington
Listing Snapshot
Days Online
120
Last Updated
Square Ft.
1,430
Lot Size
0.14 Acres
Year Built
1995
MLS Number
100505099
30 Days Snapshot Of 28425
$268k
-16%
(avg) sold price
16
+14%
homes sold
103
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Cooling
Central Air
Exterior Features
Vinyl Siding
Floors
LVT/LVP
Foundation
Slab
Water Features
Electric
Heating
Heat Pump
Lot
6,098 sqft lot, Lot Dimensions: 183x34x183x35, 0.14 acres
Parking
Parking/Driveway: Public, Street Only
Property
1,430 heated sqft, Built in 1995, Cap Rate %: 8.00, Construction: Brick/Stone, Wood Frame, Current Use: Learning center, List Price/SqFt: $210, Zoning: B1
Roof
Shingle
Taxes
City Tax Rate: 4678, Property Taxes: $1,716, Tax Year: 2024
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