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218 N 3rd Street, Wilmington, NC 28401

$3,200,000
Property Type: Land Lot Size (sq. ft.): 17,795 Status: Active
Current Price: $3,200,000 List Date: 6/16/2023 Last Modified: 3/01/2026

Overview

Description

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.

Listing Details MLS# 100389934

Contract Info

Delayed Marketing?
No
Marketing Start Date
2023-06-16
Sub-Type
Industrial
Auction
No
Listing Price
3200000
List Price/Acre
7804878.05
Stipulation of Sale
Standard

Location Information

Street #
218
Pre Direction
N
Street Name
3rd
Street Suffix
Street
County
New Hanover
State/Province
NC
Zip Code
28401
City Limits
Yes
Marketing City
Wilmington
Subdivision
Downtown
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
Take N 3rd Street to Downtown. The property is in the 200 block between Chestnut and Grace Street. Property is on the east side of 3rd Street.
Sign on Property
Yes

Property Exterior Info

Acres - Total
0.41
Lot Dimensions
132 x148 x66 x27 x66 x120
Lot SqFt
17795
Deed Restriction
No
Total Road Frontage
132
Waterfront
No
Waterview
No
Location Type
Mainland
Horses Y/N
No
Water Frontage
0

Legal and Taxes

Tax Assessed Value
971200
Total City Real Estate Property Tax
7347
Deed Book
6065
Deed Page
1485
Legal
Pt Lts 2/3/4 Blk 193 Wilm
Broker Owner
No
PID
311708.89.5561.000
Tax Identifier
R04817-015-002-000
Total Real Estate Property Taxes
441896
Special Assessments
none
Deferred Taxes
No
Tax Year
2022
Zoning
CBD
Cobra Zone
No
Federal Flood Ins Avlbl
Yes
Elementary School
Snipes
Middle School
Williston
High School
New Hanover
Plat Book
No
Plat Page
No

Soil Evaluation

Other
Environmental

More Information

Current Service Providers

Electric Provider
Duke Progress Energy
Natural Gas Provider
Piedmont Natural Gas Co.
Sewer Provider
Cape Fear Public Utility Authority
Water Provider
Cape Fear Public Utility Authority

Current Use

Vacant
Yes

Bldgs on Property

See Remarks
Yes

HOA and Neigh Amenities

No Amenities
Yes

Topography

See Remarks
Yes

Lot Water Features

None
Yes

Terms

Cash
Yes
Conventional
Yes
Seller Financing
Yes

Fencing

None
Yes

Fuel Tank

None
Yes

Environmental Hazard

Unknown
Yes

Lot Features

Urban
Yes

Road Type/Frontage

Public (City/Cty/St)
Yes

Utilities

Sewer Available
Yes
Water Available
Yes
See Remarks
Yes

Sewer

Municipal Sewer
Yes

Water Source

Municipal Water
Yes

Property Features

Current Use: Vacant Bldgs on Property: See Remarks Topography: See Remarks Fencing: None Fuel Tank: None Environmental Hazard: Unknown Lot Features: Urban Utilities: Sewer Available; Water Available; See Remarks Sewer: Municipal Sewer Water Source: Municipal Water Lot Water Features: None HOA and Neigh Amenities: No Amenities Terms: Cash; Conventional; Seller Financing
Listing Office: Intracoastal Realty Corp
IDX
Last Updated: March - 01 - 2026
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