NEW HANOVER County, NC Special Purpose For Sale

Downtown Wilmington, 2 blocks south from Market and 3rd, Heavy Foot traffic, Central Business District, Shared walls, Buildings built to property lines, River view front front door, historic district. Market St. South, property is on the right in between Front and Water Street. Incredible opportunity to own a piece of Historic Wilmington in the heart of downtown. This 3 story, 7051 sqft brick building, built in 1910 boasts knockout views of the Cape Fear River and downtown Central Business District. This prime location yields high foot traffic to support two existing first floor retail tenants (real estate office/tattoo parlor). Historic character maintained throughout the building including exposed brick walls, original wood floors still intact in the majority of the building. The first floor has high ceilings with original stamped tin tile and arched beams. The first floor demising wall could easily be removed to return the space to one unit for alternate use. The second floor is built out as offices (9 in total) and features a loft with iconic streetscape views. The third floor is an open space, a blank canvas begging for a grand concept, either primo residential or “Class A” office, which could be incorporated into the 2nd floor use. The roof top experience offers spectacular views of downtown Wilmington and the river . The possibilities are endless with tons of value add potential. This building is a “certified historic structure” and qualifies for Historic Tax Credits of up to 35%. Redevelopment Opportunities are vast - Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other for Investment, Vacant/Owner-User, Business, Residential, Hospitality, Other

Cameron Management is pleased to exclusively present the opportunity to purchase Riverbend, an urban infill mixed-use development located in the Central Business District of Wilmington, NC. Riverbend consists of 1.93 acres of a downtown city block bounded by North Third Street, Grace Street, Second Street, and Walnut Street. Existing improvements include a 5-story 55,000 square foot Class A office building (formerly known as the Bank of America Financial Center) and surface parking. Future improvements proposed for Riverbend include a 504-space structured parking deck, a 110-unit midrise multifamily development, and a future site for a hotel or retail development. Plans are complete for the parking deck and multifamily project and all permits should be in hand by 15-January-2021. Riverbend is prominently situated in the Central Business District of downtown Wilmington and encompasses over 75% of a full city block. Downtown Wilmington has experienced a surge of private and public investments in recent years with the creation of new office buildings, hotels, parking decks, apartment communities, parks, and recreation. As a “shovel ready” project, Riverbend is strategically positioned to capitalize on the continued population and business growth and momentum occurring in Wilmington and the Southeastern United States. Cameron Management is pleased to exclusively present the opportunity to purchase Riverbend, an urban infill mixed-use development located in the Central Business District of Wilmington, NC. Riverbend consists of 1.93 acres of a downtown city block bounded North Third Street, Grace Street, Second Street, and Walnut Street. Existing improvements include a 5-story 55,000 square foot Class A office building (formerly known as the Bank of America Financial Center) and surface parking. Future improvements proposed for Riverbend include a 504-space structured parking deck, a 110-unit midrise multifamily development, and a future site for a hotel or retail development. Plans are complete for the parking deck and multifamily project and all permits should be in hand by 15-January-2021. Riverbend is prominently situated in the Central Business District of downtown Wilmington and encompasses over 75% of a full city block. Downtown Wilmington has experienced a surge of private and public investments in recent years with the creation of new office buildings, hotels, parking decks, apartment communities and parks, and recreation. As a “shovel ready” project, Riverbend is strategically positioned to capitalize on the continued population and business growth and momentum occurring in Wilmington and the Southeastern United States.