Viewing Listing MLS# 100424208
Wilmington, NC 28401
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/ASqFt
- N/AYear Built
- 0.07Acres
- MLS# 100424208
- Land
- Residential Land
- Active
- Approx Time on Market7 months, 27 days
- AreaNew Hanover (28401)
- CountyNew Hanover
- Subdivision Downtown
Overview
Vacant building lot opportunity for sale in historic downtown Wilmington! Nestled at the corner of Front Street and Meares, this small buildable lot, zoned R-3, presents a blank canvas for your primary home or next investment. Build a cottage, bungalow or embrace the industrial vibe of the corridor and go big with the potential for a three-story residence, this prime location affords captivating views of the majestic Cape Fear River.Situated strategically, the property finds itself at the crossroads of Downtown, halfway between the trendy South Front District / Greenfield Lake, and the heartbeat of the Historic Downtown Central Business District. Immerse yourself in the rich cultural tapestry of Wilmington while enjoying the convenience of this coveted corner lot.Whether you're an investor seeking a lucrative buy-and-hold opportunity or a homeowner envisioning your ideal dwelling, this lot offers a diverse range of possibilities. Design your primary residence to capture the essence of historic Wilmington living or explore the potential for an income-producing rental property - the choice is yours.To make your vision a reality, we can provide access to house plans tailored to maximize the lot's potential. Additionally, our network includes reputable builder referrals, ensuring a seamless transition from concept to construction.Seize the moment to be a part of Wilmington's rich history! Don't miss out on this rare chance to own a slice of downtown paradise.
Baths Info
Bedroom Info
Exterior Features
Fuel Tank: None
Financial
Tax Assessed Value: 11280
Total Property Taxes: 953.16
Tax Year: 2023
Stipulation Of Sale: None
List Priceacre: $1,785,714.29
Deed Restriction: No
Terms: 1031 Exchange,Build to Suit,Cash,Construction to Perm.,Conventional,FHA,Owner Build,See Remarks,Seller Financing,Subordination
HOA Info
Hoa: No
Hoa Amenities: See Remarks
Lot Info
Lot Sqft: 3,048
Total Road Frontage: 48
Lot Dimensions: 48x63
Acres: 0.07
Waterfront: No
Lot Description: Corner Lot,Development
Lot Water Features: None
Road Type: Public (City/Cty/St)
Soil Evaluation: Soil Evaluation - No
Topography: Cleared
Misc Features
Misc Info
Picture Timestamp: 2024-01-27 12:21:45
Environmental Hazard: Unknown
Other Rooms Info
Property Features
Current Use: Vacant
Property Info
Class Type: Residential Land
County: New Hanover
Cobra Zone: No
Zoning: R-3
Subdivision Original: Downtown
Secondary Subdivision: N/A
Water View: Yes
Marketing City: Wilmington
City Limits: Yes
Sign On Property: Yes
Bldgs On Property: None
Room Features
Rooms Info
Sale / Lease Info
Class Sub Type2: B
Possession: At Closing,Immediate,Negotiable,See Remarks,Subordination
Schools
School Elem: Snipes
School Middle: Williston
School High: New Hanover
Utilities /HVAC
Water Sewer: Municipal Sewer Available, Municipal Water Available
Courtesy of Keller Williams Innovate-wilmington