Office Condo for Sale - Suites 218 and 220

1908 Eastwood Road Wilmington, NC 28403

1908 Eastwood Road, Wilmington, NC, 28403
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$780,000
Last Verified:
Oct 25, 2024

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Highlights

  • Well-maintained property with attractive curb appeal
  • Ample parking for employees and visitors
  • High-demand area for commercial real estate investment

Description

Beautiful end unit located on the second floor of Lumina Station, offering serene rear and side views overlooking the pond and central common areas. This office space stands out with its high-end finishes, including custom cabinetry with marble countertops, two sinks and ample storage. The unit features four spacious offices, perfect for a variety of business needs. A well-appointed space in a prime location, finished to a higher standard than many others in the area.

Lumina Station is a highly desirable commercial property located in the thriving business corridor of Wilmington, North Carolina. This property is strategically positioned along Eastwood Road, a key connector between the bustling Wrightsville Beach and Wilmington’s central business districts. The area is known for its high visibility and heavy traffic flow, making it an ideal location for a variety of commercial uses, from retail to office spaces.

The property benefits from its proximity to major highways, including US-74/76 and Military Cutoff Road, offering easy access to both local residents and visitors. Situated just minutes from Wrightsville Beach, this location sees significant tourist traffic, especially during peak seasons, which enhances its appeal for businesses catering to the coastal lifestyle. It is also close to Mayfaire Town Center, one of Wilmington’s premier shopping, dining, and entertainment destinations.

Surrounded by established neighborhoods, professional offices, and dining options, 1908 Eastwood Rd provides a unique opportunity to tap into a diverse customer base. The property’s location in one of Wilmington’s fastest-growing areas, combined with the coastal proximity and strong local economy, makes it an excellent spot for businesses looking to establish a strong presence in this vibrant market.


Year Built: 2000
Building Size: 1430sq ft
Building Class: B
Lot Size: 4.85 acres

Map of 1908 Eastwood Road, Wilmington, NC, 28403

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.