INNOVATE Real Estate
Business at 2006 Princess Place Drive, Wilmington, NC 28405
Business at 2006 Princess Place Drive, Wilmington, NC 28405, photo 2 of 9
Business at 2006 Princess Place Drive, Wilmington, NC 28405, photo 3 of 9
Business at 2006 Princess Place Drive, Wilmington, NC 28405, photo 4 of 9
Business at 2006 Princess Place Drive, Wilmington, NC 28405, photo 5 of 9
Business at 2006 Princess Place Drive, Wilmington, NC 28405, photo 6 of 9
Business at 2006 Princess Place Drive, Wilmington, NC 28405, photo 7 of 9
Business at 2006 Princess Place Drive, Wilmington, NC 28405, photo 8 of 9
Business at 2006 Princess Place Drive, Wilmington, NC 28405, photo 9 of 9
9 photos

$499,000

2006 Princess Place Drive, Wilmington, NC 28405
Wilmington, NC 28405
Listed by Sarah N Busalachi · Intracoastal Realty Corporation
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1965

About this home

Unique redevelopment opportunity in highly desirable area close to Downtown Wilmington located on well-traveled connector road Princess Place Drive. Existing cement block building of 5636 sqft. which holds the key to valuable land beneath. Ample road frontage and great visibility. Close to Mary Bridgers and Bullock parks, the greenway, and Wilmington's Cape Fear Rugby facility/field. Neighborhood business uses appropriate /CB zoning. Building being sold as-is. Asbestos abatement is roughly 90% complete.

Property details

MLS
Hive MLS
MLS #
100554420
Property type
Business
Subdivision
Green Acres
Status
Active
Days on market
246
On market date
May 15, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.33 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
A H Snipes Academy of Arts/Des
0.3 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
391
Student:teacher ratio
10.6:1
District
New Hanover County Schools
Middle
Williston Middle
1.04 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
698
Student:teacher ratio
12.7:1
District
New Hanover County Schools
High
Isaac M Bear Early College High School
2.89 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
230
Student:teacher ratio
23.0:1
District
New Hanover County Schools

Walkability

Blended score for Wilmington's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

63
Walkable
out of 100
EPA National Walkability Index
12.7 / 20 -- Above average walkable

Mortgage calculator

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Est. monthly payment
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated September 14, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.