711 N 5th Ave, Wilmington, NC 28401

$3,995,000
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List Price
$3,995,000
Price Change
▼ $405,000 1785545701
MLS#
100568713
Status
ACTIVE
Year Built
1969
Acres
0.94
County
New Hanover
Subdivision
Other
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(912) 308-7430

Property Description

Rare multi-parcel offering in Wilmington's Brooklyn Arts District. This 0.94 acre with 12,650 sq.ft.+ Industrial Warehouse assemblage at 711 N 5th Ave. and N. 4th St. includes five contiguous parcels currently operating as ACME Art Studios, a well-known creative hub. Positioned in the Central Business District, the property is ideally suited for infill redevelopment consistent with the City's vision for higher-density, walkable mixed-use environments. Surrounded by ongoing revitalization, local businesses, and cultural venues, this site offers strong potential for residential, live/work, or mixed-use development in one of downtown's fastest-growing districts.

(912) 308-7430
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Additional Information

Lot Features
Open Lot, Level, Other, Cleared, Undeveloped
Heating
Heat Pump, Electric, Forced Air
Cooling
Central Air, Heat Pump
Water
Public
Roof
Flat
Basement
None
Foundation
Slab
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Listing courtesy of Intracoastal Realty Corporation.