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USANCWilmingtonDawson-Castle Street1315 S 5Th Ave
1315 S 5 Th Ave, Home with 0 bedrooms, 0 bathrooms and 40 parking in Wilmington NC | Image 1
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$1,995,000

1315 S 5 Th Ave, Wilmington, NC

Real Estate

For Sale

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0040
  • Key Facts
  • Description
  • Map

Key Facts

Type Improved
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $10,049
Days Active 98
Approx. Age 1992
MLS® Number 100456498

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional commercial property development opportunity in the South End of Wilmington. This property is in an Opportunity Zone and is situated in a high-traffic area with excellent visibility. The parcel consists of 1.9 acres with warehouse structure that is almost 45, 000 square feet in size. Property has 250 feet of frontage on S 5th Street and 330 feet of frontage on Martin Street. The property is zoned UMX(Urban Mixed Use) which permits the operation and use of the of the property for commercial and residential uses, including offer, restaurants, medical offices and retail. This property is ideal for a wide range of commercial mixed uses. The existing structure could be repurposed for retail, office space, mixed use, multifamily or a combination of several uses. Ample parking is available on site on or on street. The surrounding area consists of a mix of residential neighborhoods, businesses, and amenities, making it a hub of activity and potential foot traffic. Current owner has done a great deal of work to open the opportunity for someone to continue with existing plans or to expand in another direction. The interior has been partially demoed and has been opened up. The seller has other holding in the area and is open to expanding the availability of additional land. A very rare opportunity.Show Description
MLS® Number100456498
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1992
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNone
A/CNone
Heating Fuel

Extras

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