1202 Chestnut Street, Wilmington, NC 28401 (MLS# 100601133)

1202 Chestnut Street, Wilmington, NC 28401

$1,450,000

Property Type: Multi-Family Bedrooms: 3 Baths: 5 Square Footage: 3,215 Lot Size (sq. ft.): 1,742 Status: Active

Current Price: $1,450,000 List Date: 9/30/2026 Last Modified: 10/15/2026

Overview

Description

Welcome to 1202 The Lofts, a beautifully reimagined 1931 mixed-use building in downtown Wilmington's emerging Soda Pop District. This full-scale renovation blends historic character with modern luxury, preserving original exposed brick, 12-foot ceilings, and oversized doors while introducing energy-efficient systems and high-end finishes, including spa-style porcelain-tile showers and premium fixtures. The property features two boutique one-bedroom apartments, two commercial office suites, and a separate studio apartment, offering a unique combination of residential and professional spaces. The street-facing office provides a large glass entrance and strong visibility, while the rear suite offers a quieter setting. A distinctive opportunity for professionals, small businesses, or investors seeking historic charm, modern finishes, and a prime downtown location in one of Wilmington's most exciting revitalizing districts.

Listing Details MLS# 100601133

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2026-09-03
Sub-Type: Quadruplex
Listing Price: 1450000
List Price/SqFt: 451.01
Stipulation of Sale: Standard

Location Information

Street #: 1202
Street Name: Chestnut
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Castle Dock
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: Market St West towards town. Right on 12th Street to corner of 12th and Chestnut St. Property at corner.
Sign on Property: Yes

Building Info

New Construction: No

Property ExteriorInterior Info

# Bedrooms: 3
SqFt - Heated (Primary): 3215

Legal and Taxes

Tax Assessed Value: 410800
Deed Book: 6801
Deed Page: 887
Legal: W END 1 BLK 189
Broker Owner: No
PID: R04818014001000
Tax Identifier: R04818-014-001-000
Plat Book: 6005
Plat Page: 507
Total Real Estate Property Taxes: 2417.56
Special Assessments: None
Tax Year: 2025
Year Built: 1931
Zoning: UMX
Cobra Zone: No
Elementary School: Snipes
Middle School: Williston
High School: New Hanover

More Information

Entry Level Information

Entry Level: Yes

Current Service Providers

Electric Provider: Duke Energy
Sewer Provider: City/Town
Water Provider: City/Town

Property Features

Frontage Type: See Remarks View Type: See Remarks Basement: None Construction: Party Wall Exterior Finish: Brick; Fiber Cement Fencing: None Foundation: Slab Fuel Tank: None Parking Features: Street Only Patio and Porch Features: None Roof: Shake; Shingle Levels: Two Cooling: Multi Units Heating: Zoned Heating System Fuel Source: Electric Water Heater: Electric Utilities: Sewer Connected; Water Connected Water Source: Municipal Water Sewer: Municipal Sewer Flooring: Concrete; LVT/LVP Interior Features: High Ceilings; Walk-in Shower; Wash/Dry Connect Laundry Location: Laundry Closet Terms: Cash; Conventional

IDX

Listing Office: Intracoastal Realty Corporation

Last Updated: October - 15 - 2026

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