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218 N 3rd Street Wilmington, NC $ 3,200,000
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$ 3,200,000 Get more info
218 N 3rd Street
$ 3,200,000
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Share Save

218 N 3rd Street

Wilmington, NC, 28401
$ 3,200,000
Bedrooms-- Baths-- Sq 8,141

Monthly Estimate*

$ 19,964

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Commercial Property for sale in Wilmington, NC

for $3,200,000. This 8,141 square foot building was built in 1941 on a lot size of 0.41.

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.

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Commercial Active

Price

$ 3,200,000

Property Type

Commercial

Taxes

$ 4,418

Style

Improved

Lot Size

0.41

Year Built

1941

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100389932
Features
General
Heating Electric None
Cooling None
Utilities Sewer Available Water Available
Possession Close Of Escrow At Closing
Roof Metal
Zoning CBD
Construction Materials Block Brick Stucco
Year Built 1941
Property Subtype Improved
Tax Year 2022
Current Use Vacant
Taxes 4418.96
Location Cent Business District
Parcel Number R04817-015-002-000
Business Type Mixed Retail Commercial Professional Service Hotel/Motel Business Service Warehouse Medical
Waterfront Features None
County New Hanover
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name Downtown
Garage Y/N N
Status Active
Buyer Financing Seller Financing
Directions Take N 3rd street toward downtown property is located in the 200 block of downtown between Chestnut and Grace Street.
City Wilmington
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 17795.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Virtual Tour http://sites.uniquemediadesign.com/218north3rdstreet?mls
Availability Date 2023-06-14
Structure Type Wood Frame
Standard Status Active
Tax Assessed Value 971200
Legal Description Pt Lts 2/3/4 Blk 193 Wilm
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Interior
Basement None
Flooring Carpet Concrete Tile
Water Heater None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Attic Features Eave Storage Walk-In
Total Baths 0
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Exterior
Exterior Finish Brick Stucco
Parking Features Private Off Street On Site Paved
Lot Features Open Lot
Water Source Community Water
Total Parking 39.0
Lot Size Area 0.41
Foundation Details Brick/Mortar
Spa N
Building Area Total 8141
Lot Dimensions 132x121x66x28x149
Lot Size Acres 0.41
Waterfront Y/N N
Road Frontage Type 4+ Lanes
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 218
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* Excluded Features
List By
Jeffrey G Hovis

Listing Agent

Intracoastal Realty Corp

Broker

jhovis@intracoastalrealty.com

Email

Affordability Calculator

$20,332
Per Month
98%
2%
0%
Monthly Principal & Interest
$19,964
Monthly Property Taxes
$368
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/15/2025$3,200,000 -2.88% Price Down
5/8/2024$3,295,000 -8.33% Price Down
6/16/2023$3,594,500 Listed Price

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218 N 3rd Street, Wilmington, NC, 28401 is a Commercial Property for sale at $3,200,000 with 8,141 sqft and a lot size of 0.41. 218 N 3rd Street was built in 1941. The property's zip code is 28401 which is in Wilmington, NC

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