The Whiteville Plaza shopping center is an excellent redevelopment property located between two major corridors, HWY 701 bypass and HWY 701 business. This shopping center is located between Wilmington, NC and Lumberton, NC in the retail center of Whiteville, NC. It has excellent visibility with 820 feet of frontage on HWY 701 bypass, 650 feet of frontage on HWY 701 Business, and 560 feet of frontage on West Hay Street.
Additionally, with 14 acres of commercial zoned land (B3) and over 100,000 square feet of building space, this is an excellent opportunity for investment. Since the property has great frontage and is centrally located in a retail area, the traffic near this shopping center will be amazing.
Sale Price: $1,400,000
Tax Value: $2,121,800
Gross Rental Income: $69,480
Gross Leasable Area: 103,150 RSF
Site: 14 +/-