1502 E Lake Shore Drive, Wilmington, NC 28401 (MLS# 100551759)

$1,275,000

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

1 / 29

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

Location Information

Street #: 1502

Pre Direction: E

Street Name: Lake Shore

Street Suffix: Drive

County: New Hanover

State/Province: NC

Zip Code: 28401

City Limits: Yes

Marketing City: Wilmington

Subdivision: Greenfield Park

Secondary Subdivision: N/A

Geo Lat: 34.216504

Geo Lon: -77.941471

Contract Info

Available Date: 2026-01-28

Status: Closed

Delayed Marketing?: No

Marketing Start Date: 2026-01-28

Sub-Type: Warehouse

Garage: N/A

Space: Yes

Sale/Lease: Sale

Listing Price: 1750000

Current Price: $1,275,000

List Price/SqFt: 253.37

Stipulation of Sale: Standard

Remarks and Showing

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.

Sign on Property: No

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

Total Real Estate Property Taxes: 3866.45

Special Assessments: None

Tax Year: 2025

Year Built: 1956

Zoning: UMX

HOA: No

Cobra Zone: No

Federal Flood Ins Avlbl: Yes

Miscellaneous

Ceiling Height: 16

Occupancy: 100

Current Use: Warehouse

Current Service Providers

Trash Provider: Private

Electric Provider: Duke Progress Energy

Natural Gas Provider: Piedmont Natural Gas Co.

Sewer Provider: Cape Fear Public Utility Authority

Water Provider: Cape Fear Public Utility Authority

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 Corporation

Last Updated: May - 20 - 2026

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