206 S Kerr Avenue Unit 118f, Wilmington, NC 28403
New Listing
$260,000
Property Type:
Comm Sale or Lease
Square Footage:
1,009
Status:
Active
Current Price:
$260,000
List Date:
12/10/2025
Last Modified:
12/10/2025
Description
Tired of paying rent? Here's your opportunity to own your space. This **vacant end-unit commercial property** is ready for you to customize to fit your business needs. The current layout features a bright showroom/lobby with side windows for additional natural light, a separate reception or checkout area, **five individual offices**, **two restrooms** (one with a shower), and a **breakroom equipped with cabinets and a refrigerator**.
The flexible floor plan offers numerous possibilities—you can occupy one office and lease the others, maintain a shared reception area, or redesign the layout entirely to support your operations.
One of the greatest advantages of this property—beyond the value—is its **prime location**. Situated near Market Street and the airport, you'll be surrounded by a variety of established businesses. This end unit is part of a four-unit complex with three other active businesses.
A versatile space in a highly convenient setting—ready for you to make it your own.
More Information MLS# 100544829
Building/Ext Features
Fireplace Y/N: No
Lot Acres: 0
Lot SqFt: 0
Lot Dimensions: one unit of business center
SqFt - Apx Total: 1008.6
SqFt - Total Available: 1008.6
Location Type: Mainland
Contract Info
Available Date: 2025-12-09
Delayed Marketing?: No
Garage: Private
Sale/Lease: Sale
List Price/SqFt: 257.78
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2025-12-09
Listing Price: 260000
Current Price: $260,000
Location Information
Unit #: Unit 118f
City Limits: Yes
Secondary Subdivision: N/A
Street #: 206
Pre Direction: S
Street Name: Kerr
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28403
Subdivision: South Kerr Business Center
Geo Lat: 34.238114
Geo Lon: -77.88503
Remarks and Showing
Sign on Property: Yes
Directions to Property: From College Road take Market toward downtown-left on S Kerr Ave. past Cinema Drive-South Kerr Business Center is on the right turn in then immediate left into the Center 118F is on the far end of this business ship and S Kerr Road Frontage
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 204000
Total City Real Estate Property Tax: 1200.54
Deed Book: 5600
Deed Page: 12061208
Legal: Unit118F Ph2 Sec Aa South Kerr Business Center
Broker Owner: No
PID: R04918001009023
Tax Identifier: R04918-001-009-023
Plat Book: 11
Plat Page: 298
Total Real Estate Property Taxes: 1200.54
Special Assessments: none
Tax Year: 2025
Zoning: CS
HOA: Yes
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Year Built: 2000
Business Type
Business Flex: 1
Mixed: 1
Professional/Office: 1
Retail: 1
Business Service: 1
Commercial: 1
Professional Service: 1
Current Use
Vacant: 1
HOA and Neigh Amenities
Maint - Comm Areas: 1
Management: 1
Master Insure: 1
Roof Maintenance: 1
HOA
Association Fee 1/Year: 2094.84
Association Name: South Kerr Business Center
HOA 1 Mgmt. Company: Go Management
HOA 1 Mgmt. Phone: 9105097281
HOA 1 Address: 1721 Allen Lane
Current Service Providers
Electric Provider: Duke Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Terms
Cash: 1
Conventional: 1
Foundation
Slab: 1
Flooring
Carpet: 1
Vinyl: 1
Fuel Tank
None: 1
Parking Features
Lighted: 1
On Site: 1
Parking Lot: 1
Sale/Lease Includes
See Remarks: 1
Road Type/Frontage
4+ Lanes: 1
Public (City/Cty/St): 1
Road/Trans Access
Airport: Less than 5 Miles
Interstate: 6 - 10 Miles
Port: 6 - 10 Miles
Rail: 6 - 10 Miles
Cooling
Central Air: 1
Heat Pump: 1
Location
Business Park: 1
Corner: 1
Heating
Forced Air: 1
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Electricity Connected: 1
Phone Available: 1
Water Source
Municipal Water: 1
Sewer
Municipal Sewer: 1
BuildingExt Features
SqFt - Heated (Primary): 1008.6
Property Features
Business Type: Business Flex; Mixed; Professional/Office; Retail; Business Service; Commercial; Professional Service
HOA and Neigh Amenities: Maint - Comm Areas; Management; Master Insure; Roof Maintenance
Flooring: Carpet; Vinyl
Foundation: Slab
Fuel Tank: None
Parking Features: Lighted; On Site; Parking Lot
Current Use: Vacant
Location: Business Park; Corner
Cooling: Central Air; Heat Pump
Heating: Forced Air; Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Electricity Connected; Phone Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Terms: Cash; Conventional
Listing Office:
Intracoastal Realty Corp
IDX
Last Updated: December - 10 - 2025
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.