1201 Castle Street, Wilmington, NC 28401 (MLS# 100410736)

1201 Castle Street, Wilmington, NC 28401

$475,000
Property Type: Comm Sale or Lease Square Footage: 4,563 Lot Size (sq. ft.): 5,140 Status: Active
Current Price: $475,000 List Date: 8/23/2024 Last Modified: 6/23/2025

Description

Unique commercial property located close to the Cargo District and the Castle Street Arts District. This property is positioned at the corner of Castle and 12th Street. The property is zoned UMX and consist of approximately a total of 4,563 SF of usable space. The downstairs is 3,108 SF and the upstairs is 1,455 SF. There is access to the building from the front, side and rear of building. This property is a prime opportunity for redevelopment or repurposing for a mixed use style project.

More Information MLS# 100410736

Contract Info

Available Date: 2023-10-20 Status: Active Delayed Marketing?: No Marketing Start Date: 2023-10-20 Sub-Type: Improved Garage: N/A Sale/Lease: Sale Auction: No Listing Price: 475000 Current Price: $475,000 List Price/SqFt: 104.1 Stipulation of Sale: Standard

Location Information

Street #: 1201 Street Name: Castle Street Suffix: Street County: New Hanover State/Province: NC Zip Code: 28401 City Limits: Yes Marketing City: Wilmington Subdivision: Castle Dock Secondary Subdivision: N/A Geo Lat: 34.229248 Geo Lon: -77.933101

Remarks and Showing

Directions to Property: From Downtown, take 3rd Street South, turn left on to Castle Street. Property is at the corner of 12th and Castle. Sign on Property: Yes

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 4563

Legal and Taxes

Tax Assessed Value: 444500 Total City Real Estate Property Tax: 3756.03 Deed Book: 6184 Deed Page: 898 Legal: Blk 98 W End Pl 5/6 Broker Owner: No PID: R05406-023-015-000 Tax Identifier: R05406-023-015-000 Total Real Estate Property Taxes: 3756.03 Special Assessments: None Tax Year: 2023 Year Built: 1923 Zoning: UMX Cobra Zone: No

Miscellaneous

Current Use: vacant

Current Service Providers

Trash Provider: City of WIlmington Electric Provider: Duke Progress Energy Sewer Provider: Cape Fear Public Utility Authority Water Provider: Cape Fear Public Utility Authority

Financial Info

Financial Info: No

Property Features

Business Type: Mixed; Commercial HOA and Neigh Amenities: See Remarks Attic: Access Only Basement: None Construction: Block; Brick/Stone; Wood Frame Exterior Finish: Brick Flooring: Carpet; Concrete; Vinyl Foundation: Block; Combination; Slab Fuel Tank: None Green Bldg Features: None Parking Features: Street Only; See Remarks Roof: Membrane; Shingle Lot Description: Corner Lot Current Use: Vacant Location: Corner; Gen Bus District; Residential Lot Water Features: None Cooling: Central Air; Other Heating: Forced Air Heating System Fuel Source: Electric Water Heater: See Remarks Utilities: Water Available Water Source: Municipal Water Terms: 1031 Exchange; Cash; Conventional
Listing Office: Intracoastal Realty Corp
Last Updated: June - 23 - 2025
1201 Castle Street, Wilmington, NC 28401- MLS# 100410736
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