218 N 3rd Street, Wilmington, NC 28401 (MLS# 100389934)

218 N 3rd Street, Wilmington, NC 28401

$3,850,000
Property Type: Land Lot Size (sq. ft.): 17,795 Status: Active
Current Price: $3,850,000 List Date: 6/16/2023 Last Modified: 11/04/2024

Description

Property is located in the middle of downtown Wilmington. The land footprint is .41 acres (17,795 sq ft). The parcel has about 132.07 feet of frontage on North 3r Street. The property is location in the CBD (Central Business District). By right you can build up to 100 Feet. This property is located close to the Courthouse, City of Wilmington Building, hotels, banks, Office Buildings, Convention Center and many local business and residential areas. There is a one Story 8,141 sq. ft. building onsite. Per the City of Wilmington, this building is not a contributing structure so it can be utilized or removed/demo for a complete re-development of this prime location in Wilmington's Central Business District.

More Information MLS# 100389934

Contract Info

Status: Active Delayed Marketing?: No Marketing Start Date: 2023-06-16 Sub-Type: Industrial Auction: No Listing Price: 3850000 Current Price: $3,850,000 List Price/Acre: 9390243.9 Stipulation of Sale: Standard

Location Information

Street #: 218 Pre Direction: N Street Name: 3rd Street Suffix: Street County: New Hanover State/Province: NC Zip Code: 28401 City Limits: Yes Marketing City: Wilmington Subdivision: Downtown Secondary Subdivision: N/A Geo Lat: 34.23855 Geo Lon: -77.946016

Remarks and Showing

Directions to Property: Take N 3rd Street to Downtown. The property is in the 200 block between Chestnut and Grace Street. Property is on the east side of 3rd Street. Sign on Property: Yes

Property Exterior Info

Acres - Total: 0.41 Lot Dimensions: 132 x148 x66 x27 x66 x120 Lot SqFt: 17795 Deed Restriction: No Total Road Frontage: 132 Waterfront: No Waterview: No Location Type: Mainland Horses Y/N: No

Legal and Taxes

Tax Assessed Value: 971200 Total City Real Estate Property Tax: 7347 Deed Book: 6065 Deed Page: 1485 Legal: Pt Lts 2/3/4 Blk 193 Wilm Broker Owner: No PID: 311708.89.5561.000 Tax Identifier: R04817-015-002-000 Total Real Estate Property Taxes: 441896 Special Assessments: none Deferred Taxes: No Tax Year: 2022 Zoning: CBD Cobra Zone: No Federal Flood Ins Avlbl: Yes Elementary School: Snipes Middle School: Williston High School: New Hanover

Soil Evaluation

Other: Environmental

Current Service Providers

Electric Provider: Duke Progress Energy Natural Gas Provider: Piedmont Natural Gas Co. Sewer Provider: Cape Fear Public Utility Authority Water Provider: Cape Fear Public Utility Authority

Property Features

Current Use: Vacant Bldgs on Property: See Remarks Topography: See Remarks Fencing: None Fuel Tank: None Environmental Hazard: Unknown Lot Description: Urban Utilities: Sewer Available; Water Available; See Remarks Sewer: Municipal Sewer Water Source: Municipal Water Lot Water Features: None HOA and Neigh Amenities: No Amenities Terms: Cash; Conventional; Seller Financing
Listing Office: Intracoastal Realty Corp
Last Updated: November - 04 - 2024
218 N 3rd Street, Wilmington, NC 28401- MLS# 100389934
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