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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1120 Dawson St , Wilmington, NC 28401
$595,000
Est. Payment: $3,066.16/mo
0 Bed
0 Bath
2309 Sqft
Status: pending | Days on site: 75
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Rare opportunity to own a highly versatile UMX-zoned property in Wilmington's rapidly growing urban core. Ideally positioned minutes from Downtown Wilmington and the Cargo District, 1120 Dawson sits on nearly 0.40 fully fenced acres with over 250 feet of road frontage on a high-traffic corridor, offering exceptional flexibility for an owner-user, investor, entrepreneur, or redevelopment-minded buyer. Initially a mechanic shop then later a church, and currently configured as a residential-style structure, the property offers endless potential for a contractor shop, warehouse, workshop, studio, creative office, live/work concept, service-based business, or unique investment opportunity. Extensive infrastructure upgrades and improvements have already been completed, including all new electrical throughout the building with updated panels and wiring, new plumbing above and below ground, new insulation/drywall, and LED lighting throughout. The building is equipped with 2 HVACs, including a 5-ton Goodman system installed in 2023, complemented by a powerful 200,000 BTU gas heater for efficient climate control. Built with durability and functionality in mind, the structure features metal stud framing, reinforced heavy-duty beam construction, and a garage built with 1/4-inch steel. Additional highlights include cement floors downstairs, a 15x15 insulated roll-up garage door with remote and chain operation, recessed lighting on the first floor, 20-amp outlets throughout, a 100-amp exterior junction box for additional buildings or expansion potential, and natural gas service already in place. The property also includes two fully renovated bathrooms completed approximately three years ago with custom showers, a 2021 tankless water heater, updated ceiling panels, and an updated roof approximately 5-6 years old. Outside, the expansive fully fenced lot provides ample room for parking, equipment storage, outdoor workspace, additional structures, or future improvements subject to approvals. Offering a rare combination of infrastructure, flexibility, accessibility, and redevelopment potential, 1120 Dawson presents a true blank canvas in one of Wilmington's most active growth corridors. Some photos have been digitally altered by removing furnishings/items to better showcase the space/layout potential.

Highlights

Listed by David Link , 910-398-4664 1st Class Real Estate Coastal Choice , 910-418-1560. Hive MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.39

Year Built

1970

County

New Hanover

Neighborhood

Not In Subdivision

Listing ID

100574650

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air,Wall/Window Unit(s)
Fireplaces:
Floor:LVT/LVP,Concrete
Other:Community Water

Exterior Features

Lot:Corner Lot,Cleared,Irregular Lot
Lot Dimensions:165x159x65x93x99x66
Zoning:UMX
Roof:Shingle
Parking Features:Garage Faces Rear,Private,Unpaved
Principal Interest
$3,066
Taxes
$379

Home Price

$595,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$119,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,066.16

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,066.16 $379.31 $0.00 $3,445.47
Yearly $36,793.89 $4,551.75 $0.00 $41,345.64
Total $1,103,816.70 $136,552.50 $0.00 $1,240,369.20

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Wilmington, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Hive MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T05:40:16.000Z

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