218 N 3rd Street, Wilmington, NC 28401 – MLS# 100389934

Property Map

$3,850,000 – 218 N 3rd Street, Wilmington, NC 28401

Street View

$3,850,000
0.41 Acre Lot
17,795 Sqft Lot
Status Active
Property Type Commercial/industrial
Price Type
Days on Website 683

Courtesy of Jeffrey G Hovis, Intracoastal Realty Corp

Description

Property is located in the middle of downtown Wilmington. The land footprint is .41 acres (17,795 sq ft). The parcel has about 132.07 feet of frontage on North 3r Street. The property is location in the CBD (Central Business District). By right you can build up to 100 Feet. This property is located close to the Courthouse, City of Wilmington Building, hotels, banks, Office Buildings, Convention Center and many local business and residential areas. There is a one Story 8,141 sq. ft. building onsite. Per the City of Wilmington, this building is not a contributing structure so it can be utilized or removed/demo for a complete re-development of this prime location in Wilmington’s Central Business District.

HOA Amenities

Property Details and Features

Property Access

  • Road Type/Frontage: Public (City/Cty/St)

Disclosures

  • Unknown

Fence

  • None

Home Owner’s Association

  • HOA Amenities: No Amenities

Listing

  • Sub-Type: Commercial/Industrial
  • Listed on 2023-06-16
  • List Price/Acre: $9,390,244
  • Terms: Cash,Seller Financing,Conventional

Location

  • Zip Code: 28401
  • Latitude: 34.23855
  • Longitude: -77.946016
  • Subdivision: Downtown
  • City Limits: Yes

Lot

  • 17,795 sqft lot
  • Lot Dimensions: 132 x148 x66 x27 x66 x120
  • 0.41 total acre
  • Lot Description: Urban
  • Lot Water Features: None
  • Topography: See Remarks

Possession

  • At Closing

Property

  • Zoning: CBD
  • Federal Flood Insurance available
  • Soil Evaluation: Other: Environmental
  • Bldgs on Property: See Remarks

Taxes

  • Tax Assessed Value: $971,200
  • Property Taxes: $441,896
  • County Taxes: $7,347
  • City Tax Rate: 6065
  • Deferred Taxes: No
  • Tax Year: 2022

Utilities

  • Municipal Sewer Available
  • See Remarks
  • Municipal Water Available
  • Sewer Provider: Cape Fear Public Utility Authority
  • Electric Provider: Duke Progress Energy
  • Water Provider: Cape Fear Public Utility Authority
  • Fuel Tank: None

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