Wilmington, NC 28401
$740,000
Property Type:
Land
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$740,000
List Date:
8/11/2026
Last Modified:
8/24/2026
Overview
Description
...
(Read more)
Prime mixed-use development opportunity in Wilmington's rapidly revitalizing Castle Street corridor. This approved development site offers plans for a thoughtfully designed three-story mixed-use building featuring approximately 2,580 square feet of ground-floor commercial space and 18 residential units above. The residential component includes a mix of studio, one-bedroom, and two-bedroom units, with the potential for rooftop amenity space. Designed to meet current city street-front standards, the concept features prominent frontage along both Castle Street and 13th Street, generous storefront glazing, separate commercial and residential entrances, and a pedestrian-oriented design that complements the character of the surrounding neighborhood. Ideally located near Downtown Wilmington, the property presents a rare urban infill opportunity within an area experiencing continued investment and growth. The approved commercial space offers flexibility for neighborhood retail, boutique office, professional services, or other compatible uses, while the residential units are positioned to appeal to renters or future condominium buyers seeking a walkable, downtown-adjacent lifestyle. Located within a designated Federal Opportunity Zone, the property may also offer potential tax advantages for eligible investors. Portside represents a unique opportunity to acquire an approved, development-ready mixed-use project in one of Wilmington's emerging urban corridors.
Listing Details MLS# 100595490
Contract Info
- Delayed Marketing?
- No
- Marketing Start Date
- 2026-08-11
- Sub-Type
- Mixed Use
- Listing Price
- 740000
- List Price/Acre
- 4933333.33
- Stipulation of Sale
- Standard
Location Information
- 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
- Market Street to left on 16th Street, To right on Castle Street
- Sign on Property
- Yes
Property Exterior Info
- Acres - Total
- 0.15
- Lot SqFt
- 6534
- Waterfront
- No
- Waterview
- No
- Location Type
- Mainland
Legal and Taxes
- Tax Assessed Value
- 78100
- Deed Book
- 6780
- Deed Page
- 551
- Legal
- E End 6 PT 5 Blk 98
- Broker Owner
- No
- PID
- R05406-023-02307
- Tax Identifier
- R05406-023-000
- Special Assessments
- None
- Tax Year
- 2026
- Zoning
- UMX
More Information
Property Features
Bldgs on Property:
None
Soil Evaluation:
Soil Evaluation - No
Topography:
Cleared
Fuel Tank:
None
Environmental Hazard:
Unknown
Utilities:
Electricity Available; Sewer Available; Water Available
IDX
Listing Office:
RE/MAX Executive
Last Updated: August - 24 - 2026
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