$4,400,000
Wilmington, NC 28401
MLS# 100568706
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Property Description
Rare multi-parcel offering in Wilmington's sought-after Brooklyn Arts District. This ±0.94-acre, centrally located property is zoned Central Business District (CBD) and sits in the heart of Downtown Wilmington. The assemblage includes five contiguous parcels spanning N. 4th Street to N. 5th Avenue--an increasingly rare opportunity to secure through-block connectivity in this rapidly evolving area. The site currently features a ±12,000 sq. ft. industrial warehouse and is home to ACME Art Studios, a well-established creative hub. Positioned within the CBD, the property is ideally suited for infill redevelopment aligned with the city's vision for a dense, walkable, mixed-use urban core. Zoning allows for building heights up to 70 feet with no required setbacks, offering flexibility for a range of development concepts including residential, live/work, or mixed-use projects. Surrounded by ongoing revitalization, thriving local businesses, and cultural destinations, this site represents a prime opportunity in one of downtown's fastest-growing districts.
Details
Maps
Legal and Taxes
Tax Assessed Value: 2327000
Total City Real Estate Property Tax: 764.63
Deed Book: 1582
Deed Page: 632
Legal: See Exhibit A
Broker Owner: No
PID: R04813014002000
Tax Identifier: R04813-014-003-000
Plat Book: 0
Plat Page: 0
Total Real Estate Property Taxes: 1513.04
Special Assessments: none
Tax Year: 2025
Zoning: CBD
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Elementary School: Snipes
Middle School: Williston
High School: New Hanover
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 714
Pre Direction: N
Street Name: 4th
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
Subdivision: Brooklyn
Geo Lat: 34.244086
Geo Lon: -77.945317
Contract Info
Delayed Marketing?: No
Sub-Type: Mixed Use
List Price/Acre: 4680851.06
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2026-04-22
Listing Price: 4400000
Current Price: $4,400,000
Remarks and Showing
Sign on Property: Yes
Directions to Property: From downtown take N 3rd street, turn left on Red Cross, turn left on N 4th Street and property is on the right side.
Property Exterior Info
Acres - Total: 0.94
Acres - Wooded: 1800
Lot Dimensions: Irregular
Lot SqFt: 40946
Deed Restriction: No
Waterfront: No
Total Road Frontage: 229
Waterview: No
Location Type: Mainland
Horses Y/N: No
Current Use
Commercial: 1
Retail: 1
See Remarks: 1
Bldgs on Property
Outbuilding: 1
See Remarks: 1
Soil Evaluation
Soil Evaluation - No: 1
Frontage Type
See Remarks: 1
Topography
See Remarks: 1
Lot Water Features
None: 1
Current Service Providers
Electric Provider: Duke Progress Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Fencing
Chain Link: 1
Fuel Tank
None: 1
Other Equipment
None: 1
Environmental Hazard
Unknown: 1
Lot Description
See Remarks: 1
Road Type/Frontage
Paved: 1
Public (City/Cty/St): 1
Utilities
Electricity Available: 1
Sewer Connected: 1
Utility Easement: 1
Water Connected: 1
Sewer
Municipal Sewer: 1
Water Source
Municipal Water: 1
Property Features
Current Use: Commercial; Retail; See Remarks
Bldgs on Property: Outbuilding; See Remarks
Soil Evaluation: Soil Evaluation - No
Frontage Type: See Remarks
Topography: See Remarks
Fencing: Chain Link
Fuel Tank: None
Other Equipment: None
Environmental Hazard: Unknown
Utilities: Electricity Available; Sewer Connected; Utility Easement; Water Connected
Sewer: Municipal Sewer
Water Source: Municipal Water
Lot Water Features: None
Terms: 1031 Exchange; Cash; Conventional
IDX
Listing Office: Intracoastal Realty Corp
Last Updated: April - 22 - 2026
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