218 N 3rd Street, Wilmington, NC 28401

$3,200,000
Property Type: Land 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# 100389934

Contract Info

Delayed Marketing?: No Sub-Type: Industrial Auction: No List Price/Acre: 7804878.05 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 to Downtown. The property is in the 200 block between Chestnut and Grace Street. Property is on the east side of 3rd Street.

Property Exterior Info

Acres - Total: 0.41 Lot Dimensions: 132 x148 x66 x27 x66 x120 Lot SqFt: 17795 Deed Restriction: No Waterfront: No Total Road Frontage: 132 Waterview: No Location Type: Mainland Water Frontage: 0 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 Plat Book: 0 Plat Page: 0 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

Current Use

Vacant: 1

Bldgs on Property

See Remarks: 1

HOA and Neigh Amenities

No Amenities: 1

Soil Evaluation

Other: Environmental

Topography

See Remarks: 1

Lot Water Features

None: 1

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

Terms

Cash: 1 Conventional: 1 Seller Financing: 1

Fencing

None: 1

Fuel Tank

None: 1

Environmental Hazard

Unknown: 1

Lot Description

Urban: 1

Road Type/Frontage

Public (City/Cty/St): 1

Utilities

Sewer Available: 1 Water Available: 1 See Remarks: 1

Sewer

Municipal Sewer: 1

Water Source

Municipal Water: 1

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
IDX
Last Updated: August - 15 - 2025
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