Wilmington, NC 28401 708 S 17th Street

708 S 17th St, Wilmington NC - Fully Leased Investment Property in The Cargo DistrictPrime investment opportunity in the heart of Wilmington's thriving Cargo District. Located at 708 S 17th Street, this fully leased multi-tenant commercial building offers stable cash flow, professional management, and long-term tenant stability in one of the city's most dynamic and rapidly appreciating districts. Situated within a designated Opportunity Zone, the property includes four total rentable units with two tenants. One tenant operates a vibrant retail storefront at the front of the building, while the second leases the remaining three spaces, including the rear commercial flex area and two custom-designed shipping container offices, both heated and cooled for year-round use.Recent capital improvements have enhanced the property's value/efficiency and appeal, making it a low-maintenance investment with strong fundamentals. The site's flexible configuration and UMX (Urban Mixed-Use) zoning offer significant potential for future value-add strategies. Uniquely positioned in the creative core of the Cargo District--within walking distance to The Cargo District Food Court, CoWorx, End of Days Distillery, and an array of artisan shops and eateries--this asset appeals to both retail and creative office users seeking a highly desirable location. The property may also present an opportunity to assemble adjacent parcels, potentially creating one of the largest UMX-zoned offerings in the local market--ideal for long-term investors and developers.Professionally managed and meticulously maintained, this is a rare chance to secure a turnkey commercial investment in a high-growth, opportunity-rich corridor of Wilmington.