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    Downtown Wilmington Commercial Land For Sale Title is generated by Realmo AI

    218 N 3rd Street, Wilmington, NC 28401

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    Claim this Listing
    For Sale
    $3,200,000

    COMMERCIAL - Wilmington, NC

    Property size:
    8,141 SF
    Lot size:
    0.41 Acres
    Price / SF:
    $393/SF
    Added:
    Jun 16, 2023
    Days on Market:
    1066
    Last Refresh:
    May 16 at 5:06 pm

    Property Features for 218 N 3rd Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    CBD
    Standard status
    Active
    APN
    R04817-015-002-000
    Size
    8,141 SF
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Description
    Pt Lts 2/3/4 Blk 193 Wilm
    Tax Annual Amount
    441896

    Utilities

    Utilities
    Water Available
    Water source
    Public

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    Listing Contact
    Jeffrey G Hovis
    Jeffrey G Hovis

    Listing agent Jeffrey G Hovis License #234605

    Listing office Intracoastal Realty Corp 1900 Eastwood Road, Suite 38, Wilmington, NC

    Listing date Jun 16, 2023

    MLS# 100389934 Listing URL

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime downtown Wilmington location in the Central Business District (CBD).
    • Significant redevelopment potential: existing building can be removed.
    • Large .41‑acre parcel with 132.07 feet of frontage on North 3rd Street.
    • By‑right ability to build up to 100 feet.
    • Close proximity to Courthouse, City of Wilmington Building, hotels, banks, office buildings, and the Convention Center.
    • Utilities available: Water.

    Overview

    This commercial property is located in downtown Wilmington, North Carolina. The land footprint measures 0.41 acres, equivalent to 17,795 square feet, with approximately 132.07 feet of frontage on North 3rd Street. Situated within the CBD (Central Business District), the zoning allows for building heights of up to 100 feet. The property's location offers proximity to the Courthouse, City of Wilmington Building, hotels, banks, office buildings, the Convention Center, and various local businesses and residential areas. An existing one-story building on the site encompasses 8,141 square feet. According to the City of Wilmington, this structure is not considered a contributing structure, offering the option for its utilization, removal, or demolition to facilitate a complete redevelopment of this location within Wilmington's Central Business District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.946016
    Latitude
    34.23855

    FAQs

    What type of property is this?
    Commercial land - Prime commercial land in Wilmington's Central Business District.
    Where is this commercial land located?
    The property is located at 218 N 3rd Street Wilmington, NC.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: Prime downtown Wilmington location in the Central Business District (CBD).; Significant redevelopment potential: existing building can be removed.; Large .41‑acre parcel with **132.07 feet of frontage on North 3rd Street**.
    More about this property
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