1201 Castle Street Wilmington, NC ^$ 495,000

1201 Castle Street

^$ 495,000

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1201 Castle Street

Wilmington, NC, 28401

^$ 495,000

Studio Baths0.0 Sq 4,563

Monthly Estimate*

^$ 3,290

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Studio

Commercial Property for sale in Wilmington, NC

for $495,000. This 4,563 square foot building was built in 1923 on a lot size of 0.12.

Unique commercial property located close to the Cargo District and the Castle Street Arts District. This property is positioned at the corner of Castle and 12th Street. The property is zoned UMX and consist of approximately a total of 4,563 SF of usable space. The downstairs is 3,108 SF and the upstairs is 1,455 SF. There is access to the building from the front, side and rear of building. This property is a prime opportunity for redevelopment or repurposing for a mixed use style project.

Commercial Active

Price

^$ 495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,756

Style

Commercial,Mixed Use

Lot Size

0.12

Year Built

1923

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100410736

Features

Exterior

Lot Description Corner Lot

Foundation Block Combination Slab

Number of Parking Spaces 0

Exterior Finish Brick

Lot Dimensions 33 x 132

Parking Features See Remarks Street Only

Lot Acres 0.12

Lot Water Feature None

Road Type/Frontage 2 - 3 Lanes

General

Construction Block Brick/Stone Wood Frame

Heating Forced Air

Cooling Central See Remarks

Utilities Municipal Water

Possession At Closing

Roof Membrane Shingle

Water Heater See Remarks

current use Vacant

Zoning UMX

New Construction No

Subdivision Castle Dock

County New Hanover

Number of Units 1

Stipulation of Sale None

Property Type G

Terms 1031 Exchange Cash Conventional

Location Corner Gen Bus District Residential

Auction No

Tax Year 2023

Status Active

Lot Sqft 5140.00

Days on Market 142

City Limits Yes

Sub-Type Commercial Mixed Use

Year Built 1923

City Wilmington

Airport Less than 5 Miles

County Highway 6 - 10 Miles

Interstate Less than 5 Miles

Port 6 - 10 Miles

Rail 6 - 10 Miles

State Highway 6 - 10 Miles

HOA and Neigh Amenities See Remarks

Virtual Tour http://sites.uniquemediadesign.com/1201castlestreet?mls

Listing Member Name Jeffrey G Hovis

Location Type Mainland

Street Name Castle

Co Listing Member Name Sky Grainger

Interior

Basement None

Flooring Carpet Concrete Vinyl

Attic Access Only

List Price/SqFt 108.48

Internal Only

OriginalMLSID 100410736

* Excluded Features

List By

Jeffrey G Hovis

Listing Agent

Intracoastal Realty Corp

Broker

jhovis@intracoastalrealty.com

Affordability Calculator

$3,603

Per Month

Monthly Principal & Interest: $3,290
Monthly Property Taxes: $313
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Wilmington, NC

Average List Price ^$831,010

Percent of Sale Price 68%

About Wilmington, NC

122,120 Population

35% Since 2002

^$47,464 Median Income

36.47 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3960720 Elementary School

3960847 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/20/2023	$495,000		Listed Price

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1201 Castle Street, Wilmington, NC, 28401 is a Commercial Property for sale at $495,000 with 4,563 sqft and a lot size of 0.12. 1201 Castle Street is a studio with 0.0 baths and was built in 1923. The property's zip code is 28401 which is in Wilmington, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Copyright 2019 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

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1201 Castle Street

Commercial Property for sale in Wilmington, NC

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