Opportunity to purchase Riverbend, an urban infill mixed-use development located in the CBD 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 SF 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 multi-family project and all permits should be in hand by 15-January-21. 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.