1201 Castle Street Wilmington, NC $ 475,000
1201 Castle Street
$ 475,000
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1201 Castle Street

Wilmington, NC, 28401
$ 475,000
Bedrooms-- Baths-- Sq 4,563

Monthly Estimate*

$ 2,963

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Commercial Property for sale in Wilmington, NC

for $475,000. This 4,563 square foot building was built in 1923 on a lot size of 0.12.

Unique commercial property located close to the Cargo District and the Castle Street Arts District. This property is positioned at the corner of Castle and 12th Street. The property is zoned UMX and consist of approximately a total of 4,563 SF of usable space. The downstairs is 3,108 SF and the upstairs is 1,455 SF. There is access to the building from the front, side and rear of building. This property is a prime opportunity for redevelopment or repurposing for a mixed use style project.

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Commercial Contingent

Price

$ 475,000

Property Type

Commercial

Taxes

$ 3,756

Style

Improved

Lot Size

0.12

Year Built

1923

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100410736

Features
General
Heating Electric Forced Air
Cooling Other Central Air
Utilities Water Available
Possession Close Of Escrow At Closing
Roof Membrane Shingle
Zoning UMX
Construction Materials Block Brick
Year Built 1923
Property Subtype Improved
Tax Year 2023
Current Use Vacant vacant
Taxes 3756.03
Location Corner Gen Bus District Residential
Parcel Number R05406-023-015-000
Business Type Mixed Commercial
Waterfront Features None
County New Hanover
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
Association Amenities See Remarks
HOA N
Attached Garage N
Subdivision Name Castle Dock
Garage Y/N N
Status Pending with Showings
Directions From Downtown take 3rd Street South turn left on to Castle Street. Property is at the corner of 12th and Castle.
City Wilmington
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 5140.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Showing Instructions Appt Required Call Listing Agent Vacant2 See Remarks15
Home Warranty Y/N N
Lease Considered Y/N N
Virtual Tour http://sites.uniquemediadesign.com/1201castlestreet?mls
Availability Date 2023-10-20
Structure Type Wood Frame
Standard Status Active Under Contract
Tax Assessed Value 444500
Legal Description Blk 98 W End Pl 5/6
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Interior
Basement None
Flooring Carpet Concrete Vinyl
Water Heater See Remarks
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Attic Features Access Only
Total Baths 0
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Exterior
Exterior Finish Brick
Parking Features See Remarks On Street
Lot Features Corner Lot
Water Source Public
Total Parking 0.0
Lot Size Area 0.12
Foundation Details Combination Block Slab
Spa N
Building Area Total 4563
Lot Dimensions 33 x 132
Lot Size Acres 0.12
Waterfront Y/N N
Road Frontage Type 2 - 3 Lanes
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 1201
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* Excluded Features
List By
Jeffrey G Hovis

Listing Agent

Intracoastal Realty Corp

Broker

jhovis@intracoastalrealty.com

Email

Affordability Calculator

$3,276
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,963
Monthly Property Taxes
$313
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
Pricing History
DatePricePrice ChangeDescription
5/5/2025$475,000 -4.04% Price Down
10/20/2023$495,000 Listed Price

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1201 Castle Street, Wilmington, NC, 28401 is a Commercial Property for sale at $475,000 with 4,563 sqft and a lot size of 0.12. 1201 Castle Street was built in 1923. The property's zip code is 28401 which is in Wilmington, NC