1120 Dawson Street Wilmington, NC $ 595,000
1120 Dawson Street
$ 595,000
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1120 Dawson Street

Wilmington, NC, 28401
$ 595,000
Bedrooms-- Baths-- Sq 2,309

Monthly Estimate*

$ 3,757

1120 Dawson Street, Wilmington, NC 28401 - Image 1
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Commercial Property for sale in Wilmington, NC

for $595,000. This 2,309 square foot building was built in 1970 on a lot size of 0.39.

Rare opportunity to own a highly versatile UMX-zoned property in Wilmington's rapidly growing urban core. Ideally positioned minutes from Downtown Wilmington and the Cargo District, 1120 Dawson sits on nearly 0.40 fully fenced acres with over 250 feet of road frontage on a high-traffic corridor, offering exceptional flexibility for an owner-user, investor, entrepreneur, or redevelopment-minded buyer. Initially a mechanic shop then later a church, and currently configured as a residential-style structure, the property offers endless potential for a contractor shop, warehouse, workshop, studio, creative office, live/work concept, service-based business, or unique investment opportunity. Extensive infrastructure upgrades and improvements have already been completed, including all new electrical throughout the building with updated panels and wiring, new plumbing above and below ground, new insulation/drywall, and LED lighting throughout. The building is equipped with 2 HVACs, including a 5-ton Goodman system installed in 2023, complemented by a powerful 200,000 BTU gas heater for efficient climate control. Built with durability and functionality in mind, the structure features metal stud framing, reinforced heavy-duty beam construction, and a garage built with 1/4-inch steel. Additional highlights include cement floors downstairs, a 15x15 insulated roll-up garage door with remote and chain operation, recessed lighting on the first floor, 20-amp outlets throughout, a 100-amp exterior junction box for additional buildings or expansion potential, and natural gas service already in place. The property also includes two fully renovated bathrooms completed approximately three years ago with custom showers, a 2021 tankless water heater, updated ceiling panels, and an updated roof approximately 5-6 years old. Outside, the expansive fully fenced lot provides ample room for parking, equipment storage, outdoor workspace, additional structures, or future improvements subject to approvals. Offering a rare combination of infrastructure, flexibility, accessibility, and redevelopment potential, 1120 Dawson presents a true blank canvas in one of Wilmington's most active growth corridors. Some photos have been digitally altered by removing furnishings/items to better showcase the space/layout potential.

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Commercial Pending

Price

$ 595,000

Property Type

Commercial

Taxes

$ 1,735

Style

Improved

Lot Size

0.39

Year Built

1970

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100574650

Features
General
Heating Electric
Cooling Central Air Wall/Window Unit(s)
Utilities Water Available
Possession Close Of Escrow Negotiable At Closing
Roof Shingle
Zoning UMX
Construction Materials Brick Veneer Wood Frame
Year Built 1970
Electric See Remarks
Property Subtype Improved
Tax Year 2025
Current Use Residential
Taxes 1735.49
Location Corner
Parcel Number R05410-029-021-000
Business Type Storage Mixed Manufacturing Business Service Warehouse Industrial Business Flex
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 Not In Subdivision
Possible Use Automotive Commercial Industrial Mixed Use Place of Worship Warehouse See Remarks
Garage Y/N N
Status Pending
Directions From Downtown Wilmington take Market St west and turn onto Dawson St. Property is on corner of Dawson and S 12th St.
City Wilmington
Number Of Units Total 0
Lot Size Units Acres
Lot Size Square Feet 16988.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Structure Type Wood Frame
Standard Status Pending
Tax Assessed Value 294900
Legal Description Pt Lots 1 2 3 E 1/2 Blk 41 Wilmington Combined Per Db 5351 Pg 1809 Result Of Combination No 52291
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Interior
Basement None
Flooring LVT/LVP Concrete
Water Heater Electric Tankless
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
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Exterior
Exterior Finish Brick Veneer
Parking Features Garage Faces Rear Private Unpaved
Lot Features Corner Lot Cleared Irregular Lot
Water Source Community Water
Lot Size Area 0.39
Foundation Details Slab
Spa N
Building Area Total 2309.0
Lot Dimensions 165x159x65x93x99x66
Lot Size Acres 0.39
Frontage Type See Remarks
Waterfront Y/N N
Road Frontage Type City Street State Road Maintained
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 1120
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* Excluded Features
List By
David Link

Listing Agent

1St Class Real Estate Coastal Choice

Broker

david@1stclasscoastalchoice.com

Email

Affordability Calculator

$3,901
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,757
Monthly Property Taxes
$145
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
7/12/2026$595,000 -11.85% Price Down
6/7/2026$675,000 -10.00% Price Down
5/18/2026$750,000 Listed Price

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1120 Dawson Street, Wilmington, NC, 28401 is a Commercial Property for sale at $595,000 with 2,309 sqft and a lot size of 0.39. 1120 Dawson Street was built in 1970. The property's zip code is 28401 which is in Wilmington, NC