Print
Real Estate - Commercial

Serpentarium Building Could Shed Its Past, Become Dental Spa

By Cece Nunn, posted Jan 17, 2019
The building at 20 Orange St., formerly home to the Cape Fear Serpentarium, might become a dental spa and full-service day spa if a potential new owner succeeds in buying it. (File photo)
A Wilmington dentist has the former Cape Fear Serpentarium building in downtown Wilmington under contract with a potential sale price of $915,000, court records show.

Donald S. Bland's bid for the property, a two-story brick structure built in 2001 at 20 Orange St., got through the New Hanover County Superior Court upset bid period without an upset bid and is now in a due diligence phase expected to last until Feb. 26, said real estate broker Terry Espy, president of MoMentum Companies, who is representing Bland in the transaction.

"We're still in investigation mode," Espy said of the potential purchase. "The ultimate goal is spa dental with a downtown full-service day spa."

A dental spa is typically a dental practice that also offers spa-like amenities. Espy said downtown could also use a full-service day spa in part because of its ongoing growth in events and hotel rooms.

Cape Fear Serpentarium owner Dean Ripa was shot and killed in May 2017, and his wife, Regina Ripa, was charged with first-degree murder. Regina Ripa was found not guilty by reason of insanity in October last year and was expected to be transferred to a psychiatric facility, according to news reports at the time.

After Dean Ripa's death, former Cape Fear Serpentarium Director William Beard had hoped to lease the facility and continue operating it as a snake and reptile exhibit. But a petition was filed May 3 last year on behalf of the Ripas' son, Arkin Ripa, to sell the serpentarium building, along with other property that was part of the estate, in a private sale.

A report of the potential purchase by Bland was filed in New Hanover County Superior Court on Dec. 14, with an upset bid date of Dec. 27.

Bland currently has an office at 206 Dock St. in Wilmington, according to his Wilmington Sedation Dentistry website.

Will Leonard of Cape Fear Commercial listed the property, and attorney Lawrence Craige acted as guardian of the estate for Arkin Ripa, according to court documents.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Burrus rob headshot 300x300

Forecasting the Future: Demystifying Two Common Assumptions in Our Economy

Robert Burrus - Cameron School of Business - UNC-Wilmington
Mike stonestreet 300x300

The Value of Partnering with Financial Institutions

Mike Stonestreet - CAMS (Community Association Management Services)
Aaeaaqaaaaaaaaidaaaajdhiztrkodm0lte2yjetngrkmy1hotrmltawmdvlmwqyztmymw

Growing the Spirit of Entrepreneurship

Diane Durance - UNCW Center for Innovation and Entrepreneurship

Trending News

Firm's Expansion Expected To Lead To New CRO Jobs In Wilmington

Cece Nunn - Aug 22, 2019

Brewery Owners Share Economic Impact, Hurdles Of Their Industry In Wilmington

Johanna Cano - Aug 23, 2019

Wilmington Boat Show To Bring Economic Activity, Visitors To The Region

Christina Haley O'Neal - Aug 23, 2019

Potential Remains For Third Office Building At Barclay Center

Cece Nunn - Aug 23, 2019

In The Current Issue

MADE: For Retailer, It's In The Bag

Find out more about Holly Aiken Bags, a company that creates handbags and accessories handmade in Wilmington and Raleigh....


Measuring Coral Health

Researchers at UNCW have developed an instrument that measures the health of coral reefs, a tool that could be useful for other universities...


Info Junkie: Girard Newkirk

CEO & Founder of KWHCoin, Girard Newkirk shares his top tech and informational tools....

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

WILMA's Leadership Accelerator
Power Breakfast - The H Word (June 13, 2019)
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`