CBD Commercial Land with Existing
For Sale
$3,200,000
218 N 3rd Street, Wilmington, NC 28401
Land, Wilmington, NC
Property Size8,141 SF
Lot Size0.41 Acres
Price / SF$393.07
Days on Market1165
Property Features for 218 N 3rd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CBD
Subdivision
Downtown
Lot features
City Lot
Elementary school
Snipes
Middle school
Williston
High school
New Hanover
Directions
Take N 3rd Street to Downtown. The property is in the 200 block between Chestnut and Grace Street. Property is on the east side of 3rd Street.
Standard status
Active
APN
R04817-015-002-000
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
Legal Description
Pt Lts 2/3/4 Blk 193 Wilm
Utilities
Utilities
Water Available
Water source
Public
Listing Agency:
Intracoastal Realty Corporation
(910) 256-4503
Listed By:
Jeffrey G Hovis · License #234605
(910) 512-2205
Added: Jun 16, 2023
Changed: Aug 20
Last Checked: Aug 23 at 9:06AM
MLS# 100389934
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.
Investment Insights
Based on property information with market context.
This commercial land parcel in downtown Wilmington includes an existing one-story building measuring 8,141 square feet. The site is designated CBD, or Central Business District, and the existing structure is identified as non-contributing by the City of Wilmington, allowing it to be used or removed for redevelopment. Development up to 100 feet is permitted by right.
The property is located at 218 N 3rd Street near the Courthouse, City of Wilmington Building, hotels, banks, office buildings, Convention Center, and surrounding business and residential areas. The parcel has approximately 132.07 feet of frontage on North 3rd Street and access to public water. The land area is stated as 17,795 square feet.
The property is located at 218 N 3rd Street near the Courthouse, City of Wilmington Building, hotels, banks, office buildings, Convention Center, and surrounding business and residential areas. The parcel has approximately 132.07 feet of frontage on North 3rd Street and access to public water. The land area is stated as 17,795 square feet.
Key Highlights
- CBD zoning with development up to 100 feet permitted by right
- Existing one‑story building contains 8,141 square feet
- Approximately 132.07 feet of frontage on North 3rd Street
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,486
Businesses Nearby
Explore this area
Business Placement
Demographics for 28401, NC
22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - CBD-zoned downtown parcel with an existing one-story building and public water access.
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: CBD zoning with development up to 100 feet permitted by right; Existing one‑story building contains 8,141 square feet; Approximately 132.07 feet of frontage on North 3rd Street
