WILMINGTON — After announcing earlier in the spring that Cape Fear Habitat would close one of its thrift stores, the final day is now in sight.
READ MORE: Downtown ReStore to close as nonprofit sells properties, looks to buy another
The Third Street location’s last day of operations will be Friday, Sept. 12, 6 p.m. All donations will be accepted through end of day Thursday, Sept. 11.
The nonprofit decided in the spring to sell the location, as well as 1211 S. Second St., in order to purchase its Monkey Junction ReStore and focus on its core mission of building more homes for moderate-income individuals.
Port City Daily asked the nonprofit how much the Second and Third street properties sold for.
“Regarding the 3rd Street property, that sale has not yet been finalized, so details are not available at this time,” spokesperson Shelby Wilson responded. “The Second Street parcel is still on the market. As with all real estate transactions, this information is publicly available once sales are finalized.” It also asked if it closed on the Monkey Junction location and the purchase price. This will be updated upon response.”
Property tax records indicate CF Habitat for Humanity purchased the Third Street property for $375,000 in 1999 and the Second Street property for $55,000 in 2003.
The 6138 Carolina Beach Rd. property was being leased by the nonprofit from commercial developer Piedmont Companies Inc. The entity purchased the location in 2021 for $1.5 million. Wilson said the building’s construction was completed in August 2023.
“The developer approached Cape Fear Habitat to sell the building in 2025, and we exercised our first right of refusal for the price of $4,500,000,” she said.
In a press release on Wednesday, nonprofit leaders indicated appreciation for the downtown location’s long history in town. Employees there are being relocated to the Ogden and Monkey Junction locations, with merchandise also transferred to those stores.
Marlowe Foster, Cape Fear Habitat President and CEO, expressed gratitude for the community’s support of and employee dedication to the Re-Store throughout the years.
“While this change may feel bittersweet, we look forward to many more years with them at our Monkey Junction and Ogden ReStores,” he said. “Our customers have truly become like family, and we remain committed to serving them and our community with the same spirit of partnership and care.”
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