1405 South 5th Ave

$585,000, 5,752 Sqft .38 Acres

About This Property

PROPERTY LOCATED IN OPPORTUNITY ZONEProperty containing Multiple building with a usable square footage of 7,015 and sits on a 16,379 square foot lot located in the Urban Mixed Use zoned area of S 5th Avenue.(See Floor plan for layout) The This location is within a block of the ever expanding South Front Area. The existing structures can easily be leased and this entire site lends itself to redevelopment. This site was the home of the sellers business and is set up to accommodate a number of uses. The UMX zoning enables the owner to go up 45 feet in height by right with a potential of 75 feet. This size of property with existing usable structures is a great investment and development opportunity.

Essential Information

MLS® #100150659
Half Baths2
Square Footage5,752
Year Built1948


Business Flex, Mixed Use, Office, Self Storage

Community Information

Address1405 South 5th Ave
AreaNot In Subdivision
SubdivisionNot In Subdivision
CountyNew Hanover
Zip Code28401


AmenitiesSee Remarks
Parking Spaces12
ParkingOff Street, Unpaved


City Water, Municipal Sewer, Municipal Water


Electric 3 Phase, Storage Outside


HeatingElectric, Natural Gas
CoolingCentral Forced Air


ExteriorAluminum, Block, Brick, Stucco
Lot Description133 x120
RoofMembrane, Metal/Tin
FoundationConcrete Block, Slab


Block, Concrete, Metal, Wood Frame

Additional Information

Date ListedFebruary 15th, 2019
Days on Market315

Listing Details

OfficeIntracoastal Realty Corp

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