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711 S 5th Avenue 711 S 5th Ave 12,652 SF Retail Building Wilmington, NC 28401 $5,611,217 CAD ($443.50 CAD/SF)

Retail Spaces North Carolina Wilmington 711 S 5th Ave, Wilmington, NC 28401

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Executive Summary

Rare multi-parcel offering in Wilmington's Brooklyn Arts District. This 0.94 acre with 12,000 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.

Attachments

property disclosure
mog
deed

Property Facts

Sale Type
Owner User
Property Type
Retail
Building Size
12,652 SF
Year Built
1969
Price
$5,611,217 CAD
Price Per SF
$443.50 CAD
Building Height
1 Story
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CBD
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Source: Local Logic®

Nearby Major Retailers

First Bank NC
First Citizens Bank
Truist
Port City Java
CrossFit
United Bank
Bank of America
Ruth's Chris Steak House
(910) 512-2205

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 41548774

  • Date on Market: 2026-08-04

  • Last Updated:

  • Address: 711 S 5th Ave, Wilmington, NC 28401

The South Side Retail Property at 711 S 5th Ave, Wilmington, NC 28401 is currently available. Contact Intracoastal Realty Corporation for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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711 S 5th Avenue | 711 S 5th Ave
(910) 512-2205 x

711 S 5th Avenue | 711 S 5th Ave

Jeff Hovis
(910) 512-2205

Sky Grainger
(910) 256-4503

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