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102 S Second St

4,818 SF Retail Condo Unit Offered at $2,820,765 CAD in Wilmington, NC 28401

Investment Highlights

  • Sale includes all FFE.
  • High visibility

Executive Summary

This area of Downtown Wilmington has experienced tremendous growth in the last few years, making it the perfect location for a restaurant to thrive. Subject is located across the street from Dram Yard and the Arrive Hotel. A 55 room expansion and retail is planned on the adjacent parcel to the south.

Property Facts

Price $2,820,765 CAD
Unit Size 4,818 SF
No. Units 1
Total Building Size 10,600 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Sale Type Owner User
Building Class B
Floors 2
Typical Floor Size 5,300 SF
Year Built 1988
Lot Size 0.21 AC

1 Unit Available

Unit 102

Unit Size 4,818 SF
Price $2,820,765 CAD
Price Per SF $585.46 CAD
Condo Use Retail
Sale Type Owner User
Description

The property includes all front of house FF&E and
kitchen equipment, 2 bars, and seating which can
accommodate up to 200 people. Tarantelli’s
invested over $1M in this space in order to make it
the beautiful, well-designed restaurant it is today.

Sale Notes

Located on the vibrant corner of South 2nd Street and Dock Street, this 4,818 SF restaurant space has a long history of success. The current operator, Tarantelli’s, is looking to relocate to a larger space.

Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Truist
First Citizens Bank
Port City Java
United Bank
Bank of America
Ruth’s Chris Steak House
Waffle House

zoning

Zoning Code CBD (Central Business District)
CBD (Central Business District)
  • Listing ID: 31736876

  • Date on Market: 2024-05-08

  • Last Updated:

  • Address: 102 S Second St, Wilmington, NC 28401

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