719 Princess Street, Wilmington, NC 28401 (MLS# 100543390)

719 Princess Street, Wilmington, NC 28401

$1,270,000
Property Type: Comm Sale or Lease Square Footage: 4,434 Lot Size (sq. ft.): 3,441 Status: Active
Current Price: $1,270,000 List Date: 11/30/2025 Last Modified: 10/21/2026

Overview

Description

8-unit mixed-use property located near Wilmington's Historic District, Downtown, and the Soda Pop District. Built in 1900 with extensive renovations completed 2021-2024. Updates include full interior improvements with each residential unit uniquely finished. Property is in the UMX zoning district. Configuration includes 1 retail space, 4 one-bedroom units, 2 studio units, and 1 two-bedroom unit. Annual rental income approx. $124,000. Strong rental history and turnkey investment opportunity in a high-demand urban location.

Listing Details MLS# 100543390

Contract Info

Available Date
2025-11-30
Delayed Marketing?
No
Marketing Start Date
2025-11-29
Sub-Type
Multi Family
Garage
N/A
Space
No
Sale/Lease
Sale
Listing Price
1270000
List Price/SqFt
286.42
Stipulation of Sale
Standard

Location Information

Street #
719
Street Name
Princess
Street Suffix
Street
County
New Hanover
State/Province
NC
Zip Code
28401
City Limits
Yes
Marketing City
Wilmington
Subdivision
Not In Subdivision
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
Take Market Street east out of downtown. Turn left on Tenth Street, turn left on Princess. Property is on the corner of Princess and N 8th Street. Street parking only.
Sign on Property
Yes

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
4434

Legal and Taxes

Tax Assessed Value
1521500
Total City Real Estate Property Tax
8954.04
Deed Book
6390
Deed Page
2874
Legal
Pt Lot 55 Blk 184 Wilm
Broker Owner
No
PID
R04817022009000
Tax Identifier
R04817-022-009-000
Total Real Estate Property Taxes
8954.04
Special Assessments
None
Tax Year
2025
Year Built
1900
Zoning
UMX
HOA
No
Cobra Zone
No
Federal Flood Ins Avlbl
Yes

More Information

Miscellaneous

Ceiling Height
9
Occupancy
90
Current Use
Rental and Retail

Current Service Providers

Trash Provider
City of Wilmington
Electric Provider
Duke Progress Energy
Internet Service Provider(s)
Spectrum
Natural Gas Provider
Piedmont Natural Gas Co.
Sewer Provider
Cape Fear Public Utility Authority
Water Provider
Cape Fear Public Utility Authority

Financial Info

Financial Info
Yes

Property Features

Business Type: Mixed; Retail; Commercial HOA and Neigh Amenities: No Amenities Attic: Access Only Basement: None Construction: Wood Frame Exterior Finish: Wood Siding Flooring: Carpet; Tile; Wood; LVT/LVP Foundation: Crawl Space Fuel Tank: None Green Bldg Features: None Parking Features: Street Only Roof: Shingle Lot Description: Corner Lot Current Use: Multi-Family; Retail Location: Gen Bus District Lot Water Features: None Cooling: Central Air; Wall/Window Unit(s) Heating: Forced Air Heating System Fuel Source: Electric; Natural Gas Water Heater: Electric Utilities: Electricity Connected; Natural Gas Connected Sewer: Municipal Sewer Water Source: Municipal Water Terms: Cash; Conventional Lease Types: See Remarks
IDX
Listing Office: Intracoastal Realty Corporation
Last Updated: October - 21 - 2026
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