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$1,275,000
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Property Description
Closing Price was with out any of the Planned Upgrades and Remodeling. Mixed use commercial opportunity. Building consist of over 6,900 square feet of a combination of office and warehouse space. Parcel size is over half an acres zoned urban mixed use. Warehouse has been renovated and office area under going renovation. Located close to downtown and the South Front Business area.
Full Property Details
Full Property Details for 1502 E Lake Shore Dr
General
- Sold For: $1,275,000
- Taxes: $3,866 (2025)
- Status: Closed
- Type: Office
- Source: 2253
- MLS ID: 100551759
- Added to Site: 124 day(s) ago
Business
- Business Type: Professional/Office, Manufacturing, Retail, Industria
Interior
- Flooring: Carpet, Concrete, Tile
Additional Information
- Shared Amenities: See Remarks
Parking
- Parking Features: Concrete, Off Street, On Site
Location
- County: New Hanover
- Subdivision: Greenfield Park
- Driving Directions: From downtown Wilmington, go south on S 3rd Street, turn left at Greenfield Street and then turn right on to East Lake Shore Drive.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Structure Type: Steel Frame, Wood Frame, Metal Fab
- Construction: Metal Siding, Concrete, Block, Brick Veneer, Steel Frame, Wood Frame
- Basement Desc.: None
- Roof: Tar/Gravel, Membrane
- Ceiling Type: 16
- Square Feet: 6,907
- Current Bldg. Use: Mixed Use, Warehouse
- Year Built: 1956
Lot Features
- Lot Size (Acres): 0.51
- Lot Size (Sq. Ft.): 22,390
- Lot Dimensions: 150 x 150
- Frontage: City Street, State Road, 2 - 3 Lanes, Paved, Paved
- Lot Features: Corner Lot
- Zoning: UMX
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $253.37
- For Sale/Rent/Lease: Sale
- Assessment Amount: $657,000
- Tax Amount: $3,866.45
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Lot 1-3, 9-11 Wilmington Surburban Co
- Property ID: R05417-008-004-000
Listed and Sold by Intracoastal Realty Corporation, Jeffrey G Hovis
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Schools
Schools serving 1502 E Lake Shore Dr
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Edwin A Alderman Elementary 2025 Independence Boulevard, Wilmington, NC 28403 | K-5 | 2.1 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 1.1 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1502 E Lake Shore Dr
Date
Details
Price
Change
Source
3/30/2026
Sold
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1502 E Lake Shore Drive, Wilmington, NC 28401 (MLS# 100551759) is a Office property that was sold at $1,275,000 on March 30, 2026. Want to learn more about 1502 E Lake Shore Drive? Do you have questions about finding other Office real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

