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$1,275,000
1502 E Lake Shore Drive
Wilmington, NC 28401
MLS# 100551759
Status: Closed
6907 sqft


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Property Description
Closing Price was with out any of the Planned Upgrades and Remodeling. Mixed use commercial opportunity. Building consist of over 6,900 square feet of a combination of office and warehouse space. Parcel size is over half an acres zoned urban mixed use. Warehouse has been renovated and office area under going renovation. Located close to downtown and the South Front Business area.

Details
Maps
Building/Ext Features
# of Parking Spaces: 10
# of Units: 0
Fireplace Y/N: No
Lot Acres: 0.51
Lot SqFt: 22390
Lot Dimensions: 150x150
SqFt - Total Available: 6907
SqFt - Office: 3495
SqFt - Warehouse: 3411
Location Type: Mainland
Contract Info
Available Date: 2026-01-28
Delayed Marketing?: No
Sub-Type: Warehouse
Garage: N/A
Space: Yes
Sale/Lease: Sale
List Price/SqFt: 253.37
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2026-01-28
Listing Price: 1750000
Current Price: $1,275,000
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 1502
Pre Direction: E
Street Name: Lake Shore
Street Suffix: Drive
County: New Hanover
State/Province: NC
Zip Code: 28401
Subdivision: Greenfield Park
Geo Lat: 34.216504
Geo Lon: -77.941471
Remarks and Showing
Sign on Property: No
Directions to Property: From downtown Wilmington, go south on S 3rd Street, turn left at Greenfield Street and then turn right on to East Lake Shore Drive.
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 657000
Deed Book: 4058
Deed Page: 447
Legal: Lot 1-3, 9-11 Wilmington Surburban Co
Broker Owner: No
PID: R05417-008-004-000
Tax Identifier: R05417-008-004-000
Plat Book: 0
Plat Page: 0
Total Real Estate Property Taxes: 3866.45
Special Assessments: None
Tax Year: 2025
Zoning: UMX
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Year Built: 1956
Business Type
Industrial: 1
Manufacturing: 1
Professional/Office: 1
Retail: 1
Current Use
Mixed Use: 1
Miscellaneous
Ceiling Height: 16
Occupancy: 100
Current Use: Warehouse
HOA and Neigh Amenities
See Remarks: 1
Attic
No Access: 1
Basement
None: 1
Electric
220 Volts: 1
C & I Features
Delivery Door: 1
Drive In Door: 1
Reception Area: 1
Handicap Accessible
None: 1
View Type
See Remarks: 1
Development Status
Finished Lot(s): 1
Construction
Concrete: 1
Steel Frame: 1
Wood Frame: 1
Metal Fab: 1
Lot Water Features
None: 1
Current Service Providers
Electric Provider: Duke Progress Energy
Natural Gas Provider: Piedmont Natural Gas Co.
Sewer Provider: Cape Fear Public Utility Authority
Trash Provider: Private
Water Provider: Cape Fear Public Utility Authority
Exterior Finish
Block: 1
Brick Veneer: 1
Metal Siding: 1
Terms
Cash: 1
Conventional: 1
Foundation
Slab: 1
Flooring
Carpet: 1
Concrete: 1
Tile: 1
Fuel Tank
None: 1
Green Bldg Features
None: 1
Parking Features
Concrete: 1
Off Street: 1
On Site: 1
Sale/Lease Includes
Buildings: 1
Land: 1
Roof
Membrane: 1
Tar/Gravel: 1
Lot Description
Corner Lot: 1
Road Type/Frontage
2 - 3 Lanes: 1
Paved: 1
Public (City/Cty/St): 1
Road/Trans Access
Airport: Less than 5 Miles
County Highway: 6 - 10 Miles
Interstate: 6 - 10 Miles
Port: Less than 5 Miles
Rail: 6 - 10 Miles
State Highway: 6 - 10 Miles
Cooling
Central Air: 1
Location
Freestanding: 1
Heating
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Sewer
Municipal Sewer: 1
Financial Info
Financial Info: No
BuildingExt Features
SqFt - Heated (Primary): 6907
Status Change Info
Under Contract Date: 2026-01-28
Sold Price: $1,275,000
Sold Date: 2026-03-30
Property Features
Business Type: Industrial; Manufacturing; Professional/Office; Retail
HOA and Neigh Amenities: See Remarks
Attic: No Access
Basement: None
Electric: 220 Volts
Handicap Accessible: None
View Type: See Remarks
Development Status: Finished Lot(s)
Construction: Concrete; Steel Frame; Wood Frame; Metal Fab
Exterior Finish: Block; Brick Veneer; Metal Siding
Flooring: Carpet; Concrete; Tile
Foundation: Slab
Fuel Tank: None
Green Bldg Features: None
Parking Features: Concrete; Off Street; On Site
Roof: Membrane; Tar/Gravel
Lot Description: Corner Lot
Current Use: Mixed Use
Location: Freestanding
Lot Water Features: None
Cooling: Central Air
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Sewer Connected; Water Connected
Sewer: Municipal Sewer
Water Source: Public
Terms: Cash; Conventional

IDX
Listing Office: Intracoastal Realty Corp

Last Updated: March - 31 - 2026

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