420 North 3rd St

$1,650,000, 23,958 Sqft .55 Acres

About This Property

This prime retail development site is located at the full access lighted intersection of 3rd St and Red Cross St. and it also offers alley access on the other 2 sides. Currently on the property is a building that served as an auto garage in the past and could be retrofitted to a very cool restaurant or bar. Redevelopment potential is extremely high here, amongst the most active in the area. This site overlooks Cape Fear Community College and is surrounded by new development in every direction. Third St sees heavy traffic daily and the site has a clean environmental bill of health. CBD zoning allows for maximum use of the lot for building envelope.

Essential Information

MLS® #100110992
Price$1,650,000
Square Footage23,958
Acres0.55
TypeLand/Acreage/Site
Sub-TypeMixed Use
StatusActive

Community Information

Address420 North 3rd St
AreaNot In Subdivision
SubdivisionNot In Subdivision
CityWilmington
CountyNew Hanover
StateNC
Zip Code28401

Amenities

AmenitiesNo Amenities

School Information

ElementarySnipes
MiddleVirgo
HighNew Hanover

Additional Information

Date ListedApril 16th, 2018
Days on Market521
ZoningCBD
Short SaleYes

Listing Details

OfficeRE/MAX Essential

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420 North 3rd St, Wilmington (MLS® #100110992) Property History

Price Reduced from $1,700,000 to $1,650,000
Price Reduced from $1,800,000 to $1,700,000
Price Reduced from $1,900,000 to $1,800,000

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