1405 S 5th Avenue Wilmington, NC ^$ 985,000

1405 S 5th Avenue

^$ 985,000

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Recently Listed

1405 S 5th Avenue

Wilmington, NC, 28401

^$ 985,000

Bedrooms-- Baths-- Sq 7,015

Monthly Estimate*

^$ 6,219

1405 S 5th Avenue, Wilmington, NC 28401 - Image 1

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1405 S 5th Avenue, Wilmington, NC 28401 - Image 9

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1405 S 5th Avenue, Wilmington, NC 28401 - Image 12

Commercial Property for sale in Wilmington, NC

for $985,000. This 7,015 square foot building was built in 1948 on a lot size of 0.34.

Unique UMX redevelopment opportunity offering over 7,000 square feet across two connected buildings on approximately 0.34 acres, just minutes from Downtown Wilmington. The flexible layout includes warehouse, office, storage, and residential components, creating exceptional possibilities for redevelopment, adaptive reuse, investment, or future mixed-use concepts. UMX zoning allows for a variety of commercial and residential uses in one of Wilmington's rapidly evolving growth corridors. Formerly occupied by Cape Fear Graphics, this property presents a rare opportunity to reimagine a substantial footprint in a prime location.

Commercial Active

Price

^$ 985,000

Property Type

Commercial

Taxes

^$ 2,895

Style

Warehouse

Lot Size

0.34

Year Built

1948

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100578856

Features

General

Heating Other Forced Air Natural Gas

Cooling Other Central Air

Possession Close Of Escrow Negotiable At Closing

Roof Membrane Metal Shingle

Zoning UMX

Construction Materials Block Steel Frame Wood Frame

Year Built 1948

Property Subtype Warehouse

Tax Year 2025

Current Use Vacant/storage

Taxes 2895.42

Location See Remarks

Parcel Number R05417-006-004-003

Business Type Storage Professional/Office Mixed Retail Commercial Other Warehouse Industrial

Waterfront Features None

County New Hanover

New Construction N

Property Type Commercial Sale

In City Limits? (Y/N) Y

Association Amenities None

HOA N

Attached Garage N

Subdivision Name Not In Subdivision

Garage Y/N N

Status Active

Directions Take Market Street toward downtown Wilmington turn left on S 3rd turn left on Greenfield Street turn left on 5th Avenue and property is on the right.

City Wilmington

Number Of Units Total 2

Lot Size Units Acres

Lot Size Square Feet 14892.0

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 Steel Frame Wood Frame

Standard Status Active

Tax Assessed Value 492000

Legal Description Tr A Lot 2-3 Blk 576 City Of Wilmington Recom

Interior

Basement None

Flooring Concrete

Water Heater See Remarks

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Attic Features None

Total Baths 0

Exterior

Exterior Finish See Remarks

Parking Features Off Street On Site Unpaved

Water Source Public

Lot Size Area 0.34

Foundation Details Block Slab

Spa N

Building Area Total 7015.0

Lot Dimensions 124.1 x 120

Lot Size Acres 0.34

Road Surface Type Paved

Waterfront Y/N N

Road Frontage Type Paved

Crops Included Y/N N

Horse Y/N N

Internal Only

Street Number 1 1405

* Excluded Features

List By

Allison Justice

Listing Agent

Re/Max Executive

Broker

allison@spotrealestate.com

Affordability Calculator

$6,461

Per Month

Monthly Principal & Interest: $6,219
Monthly Property Taxes: $241
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Wilmington, NC

Average List Price ^$1,337,876

Percent of Sale Price 36%

About Wilmington, NC

122,120 Population

35% Since 2002

^$47,464 Median Income

36.47 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3960720 Elementary School

3960847 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/23/2026	$985,000		Listed Price

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1405 S 5th Avenue, Wilmington, NC, 28401 is a Commercial Property for sale at $985,000 with 7,015 sqft and a lot size of 0.34. 1405 S 5th Avenue was built in 1948. The property's zip code is 28401 which is in Wilmington, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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1405 S 5th Avenue

Commercial Property for sale in Wilmington, NC

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