720 Castle Street, Wilmington, NC 28401 (MLS# 100569314)

720 Castle Street, Wilmington, NC 28401

$2,310,000

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Property Type: Comm Sale or Lease Square Footage: 6,662 Lot Size (sq. ft.): 7,841 Status: Closed

Current Price: $2,310,000 List Date: 4/24/2026 Last Modified: 7/21/2026

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: 2385000
List Price/SqFt: 358
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

More Information

Status Change Info

Under Contract Date: 2026-05-14
Sold Date: 2026-07-21

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: July - 21 - 2026

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