$1,500,000
Wilmington, NC 28401
MLS# 100553833
2005 sqft
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Property Description
Exceptional Real Estate Development Opportunity in the Heart of the Brooklyn Arts District. .335 acre corner located in the vibrant and well-known social district, the property benefits from Central Business District (CBD) zoning, allowing for expanded uses and future growth potential. No set back and 50 foot building height provide the opportunity to create a mixed use development. Seize this rare opportunity to grow an established business in the highly sought-after Brooklyn Arts District. Ideal spot to expand existing 2000 SF building foot print and go up with a multi-floor building. With strong foot traffic, a dynamic surrounding community, and endless development possibilities, this is a rare chance to secure both a proven business and prime real estate in one of the area's most popular destinations. Opportunities like this don't come around often.
Details
Maps
Building/Ext Features
# of Parking Spaces: 8
# of Units: 1
Fireplace Y/N: No
Lot Acres: 0.34
Lot SqFt: 14593
Lot Dimensions: Irregular
SqFt - Total Available: 2000
Location Type: Mainland
Contract Info
Available Date: 2026-02-11
Delayed Marketing?: No
Sub-Type: Improved
Garage: Masterlock
Space: Yes
Sale/Lease: Sale
List Price/SqFt: 748.13
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2026-02-10
Listing Price: 1500000
Current Price: $1,500,000
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 1007
Pre Direction: N
Street Name: 4th
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
Subdivision: Downtown
Geo Lat: 34.247288
Geo Lon: -77.946415
Remarks and Showing
Sign on Property: No
Directions to Property: Take N 3rd street out of town, turn right on Davis Street and then right on N 4th Street. Building is to the right.
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 1124400
Total City Real Estate Property Tax: 2858
Deed Book: 5978
Deed Page: 782786
Legal: Parcel B Fourth & Davis LLC Div Blk 305 Wilm
Broker Owner: No
PID: 311816.82.3770.000
Tax Identifier: R04809-036-013-000
Plat Book: 0
Plat Page: 0
Total Real Estate Property Taxes: 3440.66
Special Assessments: None
Tax Year: 2025
Zoning: CBD
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Year Built: 1960
Showing Instructions
Special Instructions: 1
Business Type
Business Flex: 1
Food Service: 1
Medical: 1
Mixed: 1
Professional/Office: 1
Retail: 1
Shopping Center: 1
Warehouse: 1
Business Service: 1
Commercial: 1
Other: 1
Miscellaneous
Ceiling Height: 10
Occupancy: 100
Current Use: Retail
HOA and Neigh Amenities
See Remarks: 1
Attic
None: 1
Basement
None: 1
Electric
220 Volts: 1
C & I Features
ADA Compliant: 1
Fixtures/Furniture: 1
Refrig Storage: 1
Security System: 1
Storage Inside: 1
Walk-in Cooler: 1
Construction
Block: 1
Lot Water Features
None: 1
Current Service Providers
Electric Provider: Duke Progress Energy
Natural Gas Provider: Piedmont Natural Gas Co.
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Exterior Finish
Block: 1
Glass: 1
Stucco: 1
Terms
Cash: 1
Conventional: 1
Foundation
Slab: 1
Flooring
Concrete: 1
Fuel Tank
None: 1
Green Bldg Features
LED Lighting: 1
Parking Features
On Site: 1
Paved: 1
Sale/Lease Includes
Buildings: 1
Business: 1
Equipment: 1
Fixtures: 1
Furniture: 1
Inventory: 1
Land: 1
Personal Property: 1
Roof
Membrane: 1
Lot Description
Corner Lot: 1
Road Type/Frontage
2 - 3 Lanes: 1
Paved: 1
Public (City/Cty/St): 1
Road/Trans Access
Airport: Less than 5 Miles
County Highway: Less than 5 Miles
Interstate: Less than 5 Miles
Port: Less than 5 Miles
Rail: Less than 5 Miles
State Highway: Less than 5 Miles
Cooling
Central Air: 1
Location
Cent Business District: 1
Heating System Fuel Source
Electric: 1
Utilities
Electricity Connected: 1
Natural Gas Available: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Sewer
Municipal Sewer: 1
Financial Info
Financial Info: Yes
Lease Types
See Remarks: 1
BuildingExt Features
SqFt - Heated (Primary): 2005
Property Features
Business Type: Business Flex; Food Service; Medical; Mixed; Professional/Office; Retail; Shopping Center; Warehouse; Business Service; Commercial; Other
Showing Instructions: Special Instructions
HOA and Neigh Amenities: See Remarks
Attic: None
Basement: None
Electric: 220 Volts
Construction: Block
Exterior Finish: Block; Glass; Stucco
Flooring: Concrete
Foundation: Slab
Fuel Tank: None
Green Bldg Features: LED Lighting
Parking Features: On Site; Paved
Roof: Membrane
Lot Description: Corner Lot
Location: Cent Business District
Lot Water Features: None
Cooling: Central Air
Heating System Fuel Source: Electric
Utilities: Electricity Connected; Natural Gas Available; Sewer Connected; Water Connected
Sewer: Municipal Sewer
Water Source: Public
Terms: Cash; Conventional
Lease Types: See Remarks
IDX
Listing Office: Intracoastal Realty Corp
Last Updated: April - 16 - 2026
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