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720 Castle Street, Wilmington, NC 28401

New Listing
$2,400,000
Property Type: Comm Sale or Lease Square Footage: 6,662 Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $2,400,000 List Date: 4/24/2026 Last Modified: 4/24/2026

Overview

Description

720 Castle Street represents a unique opportunity to acquire a mixed-use asset in one of Wilmington's most active and evolving districts. Comprised of 10 residential units and 1 commercial space on a single parcel, the property is well-positioned within the Castle District--an area that continues to see steady growth, revitalization, and increasing demand. Its walk-able proximity to downtown Wilmington further enhances its appeal to both residential tenants and commercial users. The combination of residential density and a street-level commercial component creates a balanced income stream, supported by modern finishes and on-site amenities that align with current market expectations. For investors seeking a centrally located, income producing property with both stability and longterm upside, 720 Castle Street presents a compelling and well-rounded opportunity.

Listing Details MLS# 100569314

Contract Info

Delayed Marketing?
No
Marketing Start Date
2026-04-24
Garage
Masterlock
Sale/Lease
Sale
Listing Price
2400000
List Price/SqFt
360.25
Stipulation of Sale
Standard

Location Information

Street #
720
Street Name
Castle
Street Suffix
Street
County
New Hanover
State/Province
NC
Zip Code
28401
City Limits
Yes
Marketing City
Wilmington
Subdivision
Dawson-Castle Street

Remarks and Showing

Directions to Property
Heading towards N 10th St, turn right onto N 10th. Turn right onto Castle St.
Sign on Property
No

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
6662

Legal and Taxes

Tax Assessed Value
1786800
Deed Book
6701
Deed Page
2994
Legal
PT LOTS 1-2 BLK 79 WILM
Broker Owner
No
PID
R05409-010-027-000
Tax Identifier
R05409-010-027-000
Total Real Estate Property Taxes
10515.32
Special Assessments
None
Tax Year
2025
Year Built
2025
Zoning
UMX
Cobra Zone
No
Plat Book
No
Plat Page
No

More Information

Building/Ext Features

# of Units
0
Fireplace Y/N
No
Lot Acres
0.18
Lot SqFt
7841
Lot Dimensions
Irregular
SqFt - Total Available
8808
Location Type
Mainland

Business Type

Mixed
Yes

Parking Features

On Site
Yes
Paved
Yes

Sale/Lease Includes

See Remarks
Yes

Road Type/Frontage

Paved
Yes
Public (City/Cty/St)
Yes

Heating System Fuel Source

Electric
Yes

Property Features

Business Type: Mixed Parking Features: On Site; Paved Heating System Fuel Source: Electric
IDX
Listing Office: Dominion Real Estate Group LLC
Last Updated: April - 24 - 2026
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