711 N 5th Ave, Wilmington, NC 28401
- $3,995,000
- List Price
- $3,995,000
- Status
- ACTIVE
- Days on Market
- 149
- Price Change
- ▼ $405,000 1785545701
- MLS#
- 100568713
- Subtype
- Commercial Sale
- Year Built
- 1969
- Lot Size
- 40,946
- Acres
- 0.94
- Subdivision
- Other
- Neighborhood
- Other
Property Description
Rare multi-parcel offering in Wilmington's Brooklyn Arts District. This 0.94 acre with 12,650 sq.ft.+ Industrial Warehouse assemblage at 711 N 5th Ave. and N. 4th St. includes five contiguous parcels currently operating as ACME Art Studios, a well-known creative hub. Positioned in the Central Business District, the property is ideally suited for infill redevelopment consistent with the City's vision for higher-density, walkable mixed-use environments. Surrounded by ongoing revitalization, local businesses, and cultural venues, this site offers strong potential for residential, live/work, or mixed-use development in one of downtown's fastest-growing districts.
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Additional Information
- Amenities
- None
- Zoning
- CBD
- Flooring
- Concrete
- Heating
- Heat Pump, Electric, Forced Air
- Air Conditioning
- Central Air, Heat Pump
- Roof
- Flat
- Foundation
- Slab
- Parking Features
- Private, Parking Lot, Additional Parking, Unpaved, Off Street, On Site, Paved
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Listing courtesy of Intracoastal Realty Corporation.