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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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711 N 5th Ave , Wilmington, NC 28401
$3,995,000
Est. Payment: $8,877.78/mo
0 Bed
0 Bath
12652.5 Sqft
Status: Active | Days on site: 120
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579500121 - 579503176,579507772
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Sarah W DeVries , 910-470-7253 and Jeffrey G Hovis , 910-512-2205 Intracoastal Realty Corporation , 910-256-4503.

Property Type

Commercial Sale
Lot/Acreage
0.94

Year Built

1969

County

New Hanover

 Neighborhood

Other

Listing ID

100568713

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Central Air,Heat Pump
Fireplaces:
Floor:Concrete
Water:Public

Exterior Features

Lot:Open Lot,Level,See Remarks,Cleared,Undeveloped
Lot Dimensions:See Exhibit A- Property Description
Garage Capacity:25
Zoning:CBD
Roof:Flat
Parking Features:Private,Parking Lot,Additional Parking,Unpaved,Off Street,On Site,Paved
Principal Interest
$8,878
Taxes
$2,547

Home Price

$3,995,000

Loan Details

30 yrs
%

Down Payment

20%
$799,000
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:
$8,877.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,877.78 $2,546.81 $0.00 $11,424.59
Yearly $106,533.33 $30,561.75 $0.00 $137,095.08
Total $3,196,000.00 $916,852.50 $0.00 $4,112,852.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.