1120 Dawson Street
Wilmington, NC, 28401 $ 675,000
Bedrooms2 Baths2.0 Sq 2,309 Monthly Estimate*
$ 4,262
for $675,000 with 2 bedrooms and 2 full baths. This 2,309 square foot home 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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FeaturesGeneralLiving Area 2309.0
Heating Electric Heat Pump
Cooling Central Air Wall/Window Unit(s)
Utilities Natural Gas Available Sewer Connected Water Available
Possession Close Of Escrow At Closing
Roof Shingle
Zoning UMX
Patio/Porch Features None
Construction Materials Brick Veneer Wood Frame
Year Built 1970
View See Remarks
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2025
Taxes 1735.49
Parcel Number R05410-029-021-000
Waterfront Features None
County New Hanover
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Total Rooms 3
Full Baths 2
Status Active
Directions From Downtown Wilmington take Market St west and turn onto Dawson St. Property is on corner of Dawson and S 12th St.
High School New Hanover
City Wilmington
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 16988.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Snipes
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Williston
Lease Considered Y/N N
Structure Type Wood Frame Stick Built
Living Area Units Square Feet
Standard Status Active
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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InteriorInterior Amenities Walk-in Shower
Basement None
Flooring LVT/LVP Concrete
Water Heater Electric Tankless
Master Bed Level Primary Living Area
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features Dryer Hookup Washer Hookup
Total Bedrooms 2
Attic Features None
Entry Level 1
Room Type Other Bedroom 1 Bedroom 2 No Kitchen No Dining Room
Total Baths 2
Living Area Range 2200 - 2399
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ExteriorExterior Finish Brick Veneer
Fencing Full Back Yard Wood Fenced Front Yard
Parking Features Garage Faces Rear Unpaved Off Street
Lot Features Front Yard Corner Lot Irregular Lot
Water Source Community Water
Total Parking 0.0
Lot Size Area 0.39
Foundation Details Slab
Spa N
Building Area Total 2309.0
Lot Dimensions 165x159x65x93x99x66
Lot Size Acres 0.39
Road Surface Type Paved
Frontage Type See Remarks
Waterfront Y/N N
Road Frontage Type Maintained City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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* Excluded FeaturesList By1St Class Real Estate Coastal ChoiceBroker
david@1stclasscoastalchoice.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,262
- 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.
Learn more about how to save NearbySingle family listings in Wilmington, NC
Average List Price $781,884
Percent of Sale Price 16%
About Wilmington, NC 122,120 Population
35% Since 2002
$ 47,464 Median Income
36.47 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
4736780 Elementary School
4736089 Middle School
New Hanover High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/7/2026 | $675,000 | -10.00% | Price Down |
| 5/19/2026 | $750,000 | | Listed Price |