1102 Chestnut Street, Wilmington, NC 28401 – MLS# 100490623

Property Map

$1,195,000 – 1102 Chestnut Street, Wilmington, NC 28401

Street View

$1,195,000
0.77 Acre Lot
33,541 Sqft Lot
Status Active
Property Type 5+ Multi-family
Price Type
Days on Website 65

Courtesy of Jeffrey G Hovis, Intracoastal Realty Corp

Description

The combination of 1102 and 1110 Chestnut street results in a combined .78 acres (33,675 square feet) for a large development project. This property is located in Soda Pop District and is zoned Urban Mixed Use zoning district. This location has the road frontage on Chestnut Street of 231 feet and road frontage on 11th street of 129 feet. . This location is ideal for a mixed use, multi-family, residential or commercial project.The seller has gone through a great deal of work to get this site ready for someone to build. The survey is included in the provided documents. Seller have gone through the environmental inspection process and can provide a detail record to assist in expediting a new project. This is a great location for a stand alone project or could work into a development plan for the surrounding area.

HOA Amenities

Property Details and Features

Property Access

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

Disclosures

  • No

Fence

  • Brick
  • Wood
  • Partial

Home Owner’s Association

  • HOA: No
  • HOA Amenities: No Amenities

Listing

  • Sub-Type: 5+ Multi-Family
  • Listed on 2025-02-24
  • List Price/Acre: $1,551,948
  • Terms: Cash,Conventional

Location

  • Zip Code: 28401
  • Latitude: 34.238375
  • Longitude: -77.935346
  • Subdivision: Not In Subdivision
  • City Limits: Yes

Lot

  • 33,541 sqft lot
  • Lot Dimensions: 231 x 184 irregular
  • 0.77 total acre
  • 0.77 cleared acres
  • Lot Description: Corner Lot
  • Lot Water Features: None
  • Topography: Cleared

Possession

  • At Closing

Property

  • Zoning: UMX
  • Bldgs on Property: None
  • Soil Evaluation: Soil Evaluation – Yes

Taxes

  • Tax Assessed Value: $290,000
  • Property Taxes: $2,524
  • County Taxes: $2,524
  • City Tax Rate: 60976068
  • Deferred Taxes: No
  • Tax Year: 2024

Utilities

  • Municipal Sewer Available
  • Natural Gas Available
  • 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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