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$3,295,000
218 N 3rd Street
Wilmington, NC 28401
MLS# 100389934



218 N 3rd Street, Wilmington, NC 28401
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Property 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.

Details
Maps
Contract Info
Status: Active
Effective Date: 2023-06-16
Delayed Marketing?: No
Delayed Marketing Date (DM): 2023-06-16
Sub-Type: Commercial/Industrial
Auction: No
Listing Price: 3295000
Current Price: $3,295,000
List Price/Acre: 8036585.37
Sub Agent Comm $/%: %
Buyer Agent Comm: 3
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
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
Road Type/Frontage: Public (City/Cty/St)
Utilities: Municipal Sewer Available; Municipal Water Available; See Remarks
Lot Water Features: None
HOA and Neigh Amenities: No Amenities
Terms: Cash; Conventional; Seller Financing

Listing Office: Intracoastal Realty Corp

Last Updated: May - 08 - 2024

218 N 3rd Street, Wilmington, NC 28401 - MLS# 100389934
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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