1316 S 5th Avenue, Wilmington, NC 28401 (MLS# 100472656)
1316 S 5th Avenue, Wilmington, NC 28401
New Listing
$895,000
Property Type:
Comm Sale or Lease
Square Footage:
7,445
Lot Size (sq. ft.):
17,860
Status:
Active
Current Price:
$895,000
List Date:
7/14/2025
Last Modified:
7/14/2025
Description
Great investment property in up and coming area. Zone A - 4156 s/f wall-wall - has side access sliding door as well as front entryway. Zone B- 1904 s/f wall-wall - has sliding access door in rear as well as door entryway. Zone C -855 s/f wall-wall. 7445 total s/f. See floor plan. Bathrooms and office area in all 3 units. Property located on corner lot with lots of parking- 19 spots. The City of Wilmington has started a major rehabilitation project on 5th Ave. to include new water & sewer lines, improve storm drains, improved sidewalks, curb & gutter, repaving of street which will include a adding a bike lane. Property located very close to Greenfield Lake and Greenfield Street. Great investment with expected growth possibilities.
More Information MLS# 100472656
Contract Info
Available Date: 2024-10-25
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2024-10-24
Sub-Type: Improved
Garage: N/A
Space: Yes
Sale/Lease: Sale
Listing Price: 895000
Current Price: $895,000
List Price/SqFt: 120.21
Stipulation of Sale: Standard
Location Information
Street #: 1316
Pre Direction: S
Street Name: 5th
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Dawson-Greenfield
Secondary Subdivision: N/A
Geo Lat: 34.218349
Geo Lon: -77.941681
Remarks and Showing
Directions to Property: Wooster left onto S. 5th Ave. On corner of 5th and Martin.
Sign on Property: Yes
Building Info
New Construction: No
BuildingExt Features
SqFt - Heated (Primary): 7445
Legal and Taxes
Tax Assessed Value: 450100
Total City Real Estate Property Tax: 3803.35
Deed Book: 5969
Deed Page: 1024
Legal: Pt 5/6 Blk 557
Broker Owner: No
PID: R05413-039-002-000
Tax Identifier: R05413-039-002-000
Total Real Estate Property Taxes: 3803
Special Assessments: no
Tax Year: 2023
Year Built: 1984
Zoning: UMX
HOA: No
Cobra Zone: No
Current Service Providers
Electric Provider: Duke Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Property Features
Business Type: Professional/Office; Warehouse; Other
Attic: None
Basement: None
Construction: Brick/Stone; Metal Fab
Exterior Finish: Brick Veneer; Metal Siding
Flooring: Concrete
Foundation: Slab
Fuel Tank: None
Parking Features: Asphalt; Parking Lot; Paved
Roof: Insulated; See Remarks
Lot Description: Corner Lot
Current Use: Commercial
Location: Corner; Freestanding
Cooling: Central Air; Zoned
Heating: Forced Air; Zoned
Heating System Fuel Source: Electric
Water Heater: Electric
Sewer: Municipal Sewer
Water Source: Public; Public
Terms: Cash; Conventional
Listing Office: Intracoastal Realty Corp
Last Updated: July - 14 - 2025
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