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: Pending with Showings
Current Price: $475,000 List Date: 8/23/2024 Last Modified: 12/05/2025

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

Building/Ext Features

# of Parking Spaces: 0 # of Units: 1 Lot Acres: 0.12 Lot SqFt: 5140 Lot Dimensions: 33 x 132 SqFt - Total Available: 4563 Location Type: Mainland

Contract Info

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

Location Information

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

Remarks and Showing

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

Building Info

New Construction: No

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 Plat Book: 0 Plat Page: 0 Total Real Estate Property Taxes: 3756.03 Special Assessments: None Tax Year: 2023 Zoning: UMX Cobra Zone: No Year Built: 1923

Business Type

Mixed: 1 Commercial: 1

Current Use

Vacant: 1

Miscellaneous

Current Use: vacant

HOA and Neigh Amenities

See Remarks: 1

Attic

Access Only: 1

Basement

None: 1

C & I Features

None: 1

Construction

Block: 1 Brick/Stone: 1 Wood Frame: 1

Lot Water Features

None: 1

Current Service Providers

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

Exterior Finish

Brick: 1

Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Foundation

Block: 1 Combination: 1 Slab: 1

Flooring

Carpet: 1 Concrete: 1 Vinyl: 1

Fuel Tank

None: 1

Green Bldg Features

None: 1

Parking Features

Street Only: 1 See Remarks: 1

Sale/Lease Includes

Buildings: 1 Land: 1

Roof

Membrane: 1 Shingle: 1

Lot Description

Corner Lot: 1

Road Type/Frontage

2 - 3 Lanes: 1

Road/Trans Access

Airport: Less than 5 Miles County Highway: 6 - 10 Miles Interstate: Less than 5 Miles Port: 6 - 10 Miles Rail: 6 - 10 Miles State Highway: 6 - 10 Miles

Cooling

Central Air: 1 Other: 1

Location

Corner: 1 Gen Bus District: 1 Residential: 1

Heating

Forced Air: 1

Heating System Fuel Source

Electric: 1

Water Heater

See Remarks: 1

Utilities

Water Available: 1

Water Source

Municipal Water: 1

Financial Info

Financial Info: No

BuildingExt Features

SqFt - Heated (Primary): 4563

Status Change Info

Under Contract Date: 2025-06-25

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
IDX
Last Updated: December - 05 - 2025
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.