711 N 5th Ave, Wilmington, NC 28401

$4,400,000

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Courtesy of Intracoastal Realty Corporation

List Price
$4,400,000
Status
ACTIVE
Days on Market
100
MLS#
100568713
Subtype
Commercial Sale
Year Built
1969
Lot Size
40,946
Acres
0.94
Subdivision
Other
Neighborhood
Other

Property Description

Rare multi-parcel offering in Wilmington's Brooklyn Arts District. This 0.94 acre with 12,650 sq.ft.+ Industrial Warehouse assemblage at 711 N 5th Ave. and N. 4th St. includes five contiguous parcels currently operating as ACME Art Studios, a well-known creative hub. Positioned in the Central Business District, the property is ideally suited for infill redevelopment consistent with the City's vision for higher-density, walkable mixed-use environments. Surrounded by ongoing revitalization, local businesses, and cultural venues, this site offers strong potential for residential, live/work, or mixed-use development in one of downtown's fastest-growing districts.

Additional Information

Amenities
None
Zoning
CBD
Flooring
Concrete
Heating
Heat Pump, Electric, Forced Air
Air Conditioning
Central Air, Heat Pump
Roof
Flat
Foundation
Slab
Parking Features
Private, Parking Lot, Additional Parking, Unpaved, Off Street, On Site, Paved

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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