218 N 3rd Street, Wilmington, NC 28401
$3,200,000
Property Type:
Comm Sale or Lease
Square Footage:
8,141
Lot Size (sq. ft.):
17,795
Status:
Active
Current Price:
$3,200,000
List Date:
6/16/2023
Last Modified:
8/15/2025
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# 100389932
Building/Ext Features
# of Parking Spaces: 39
# of Units: 1
Lot Acres: 0.41
Lot SqFt: 17795
Lot Dimensions: 132x121x66x28x149
SqFt - Total Available: 7897
SqFt - Office: 400
SqFt - Retail/Display: 1500
SqFt - Warehouse: 6241
Location Type: Mainland
Contract Info
Available Date: 2023-06-14
Delayed Marketing?: No
Sub-Type: Improved
Garage: N/A
Space: Yes
Sale/Lease: Sale
Auction: No
List Price/SqFt: 393.07
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2023-06-16
Listing Price: 3200000
Current Price: $3,200,000
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 218
Pre Direction: N
Street Name: 3rd
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
Subdivision: Downtown
Geo Lat: 34.23855
Geo Lon: -77.946016
Remarks and Showing
Sign on Property: Yes
Directions to Property: Take N 3rd street toward downtown, property is located in the 200 block of downtown between Chestnut and Grace Street.
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 971200
Total City Real Estate Property Tax: 0
Deed Book: 5572
Deed Page: 2945
Legal: Pt Lts 2/3/4 Blk 193 Wilm
Broker Owner: No
PID: R04817-015-002-000
Tax Identifier: R04817-015-002-000
Plat Book: 0
Plat Page: 0
Total Real Estate Property Taxes: 4418.96
Special Assessments: none
Tax Year: 2022
Zoning: CBD
Cobra Zone: No
Year Built: 1941
Business Type
Hotel/Motel: 1
Medical: 1
Mixed: 1
Retail: 1
Warehouse: 1
Business Service: 1
Commercial: 1
Professional Service: 1
Current Use
Vacant: 1
Miscellaneous
Ceiling Height: 16
Current Use: Vacant
Attic
Eave Storage: 1
Walk-In: 1
Basement
None: 1
C & I Features
None: 1
Construction
Block: 1
Wood Frame: 1
Lot Water Features
None: 1
Current Service Providers
Electric Provider: Duke Energy
Natural Gas Provider: Piedmont Natural Gas Co.
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Exterior Finish
Brick: 1
Stucco: 1
Terms
Cash: 1
Conventional: 1
Seller Financing: 1
Foundation
Brick/Mortar: 1
Flooring
Carpet: 1
Concrete: 1
Tile: 1
Fuel Tank
None: 1
Green Bldg Features
None: 1
Parking Features
Off Street: 1
On Site: 1
Paved: 1
Private: 1
Sale/Lease Includes
Buildings: 1
Land: 1
Roof
Metal: 1
Lot Description
Open Lot: 1
Road Type/Frontage
4+ Lanes: 1
Road/Trans Access
Airport: Less than 5 Miles
County Highway: Less than 5 Miles
Interstate: Less than 5 Miles
Port: 6 - 10 Miles
Rail: 6 - 10 Miles
State Highway: Less than 5 Miles
Cooling
None: 1
Location
Cent Business District: 1
Heating
None: 1
Heating System Fuel Source
Electric: 1
None: 1
Water Heater
None: 1
Utilities
Sewer Available: 1
Water Available: 1
Water Source
Community Water: 1
Sewer
Community Sewer: 1
BuildingExt Features
SqFt - Heated (Primary): 8141
Property Features
Business Type: Hotel/Motel; Medical; Mixed; Retail; Warehouse; Business Service; Commercial; Professional Service
Attic: Eave Storage; Walk-In
Basement: None
Construction: Block; Wood Frame
Exterior Finish: Brick; Stucco
Flooring: Carpet; Concrete; Tile
Foundation: Brick/Mortar
Fuel Tank: None
Green Bldg Features: None
Parking Features: Off Street; On Site; Paved; Private
Roof: Metal
Lot Description: Open Lot
Current Use: Vacant
Location: Cent Business District
Lot Water Features: None
Cooling: None
Heating: None
Heating System Fuel Source: Electric; None
Water Heater: None
Utilities: Sewer Available; Water Available
Sewer: Community Sewer
Water Source: Community Water
Terms: Cash; Conventional; Seller Financing
Listing Office:
Intracoastal Realty Corp
IDX
Last Updated: August - 15 - 2025
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