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Investment Highlights

  • Located between 3rd and 4th Streets in downtown Wilmington.

Executive Summary

The property is situated within walking distance of the scenic Riverwalk, Greenfield Lake Park & Amphitheater, and the vibrant South Front District, home to popular dining destinations such as Benny’s Big Time, Satellite Bar & Lounge, and Block Taco. The site also benefits from proximity to the city’s dynamic employment base, including New Hanover Regional Medical Center, and numerous retail, dining, and cultural destinations in the historic downtown district. It includes 716,719,720 and 724 South 4th Street parcels.

Property Facts

Price $2,466,738 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 1.47 AC
Opportunity Zone Yes
Zoning CBD - Central Business District

1 Lot Available

Lot

Price $2,466,738 CAD
Price Per AC $1,678,053.02 CAD
Lot Size 1.47 AC

Infill Development Site- Four combined parcels

Description

Located between 3rd and 4th Streets in downtown Wilmington, the Subject is a ±64,033 square foot (±1.47 acre) parcel located at the foot of the Cape Fear Memorial Bridge.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R05409-018-008-000
  • R05409-018-007-000
  • R05409-018-009-000
  • R05409-018-006-000
Land Assessment
$1,902,722 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,902,722 CAD
  • Listing ID: 36026431

  • Date on Market: 2025-05-29

  • Last Updated:

  • Address: 716 S 4th St, Wilmington, NC 28401

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