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    Mixed-Use Building with Retail Title is generated by Realmo AI

    719 Princess Street, Wilmington, NC 28401

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    Claim this Listing
    For Sale
    $1,324,000

    MULTI_FAMILY - Wilmington, NC

    Property size:
    4,848 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $273/SF
    Added:
    Nov 29, 2025
    Days on Market:
    210
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 719 Princess Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    UMX
    Parking features
    On Street
    Standard status
    Active
    APN
    R04817-022-009-000
    Size
    4,848 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Pt Lot 55 Blk 184 Wilm
    Tax Annual Amount
    8954

    Utilities

    Heating system
    Forced Air, Natural Gas, Electric (Heating)
    Cooling system
    Central Air, Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1900
    Flooring type
    Wood, Carpet, Tile, Lvt/lvp
    Building materials
    Wood Siding, Wood Frame
    Roof type
    Shingle

    We can help!

    Contact an agent
    Jeffrey G Hovis
    Jeffrey G Hovis

    Listing agent Jeffrey G Hovis License #234605

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

    Listing date Nov 29, 2025

    MLS# 100543390

    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

    • 8‑unit mixed‑use property built in 1900 near Wilmington’s Historic District, Downtown, and the Soda Pop District
    • Extensive renovations completed 2021–2022, including full interior improvements for each residential unit
    • Unit mix: 1 retail space, 4 one‑bedroom units, 2 studio units, and 1 two‑bedroom unit
    • Annual rental income approx. $124,000 with strong rental history
    • UMX zoning district
    • Public water; roof: shingle; heating includes natural gas and forced air; cooling includes central air and window units; parking via on‑street

    Overview

    This 8-unit mixed-use property was built in 1900 and underwent extensive renovations completed in 2021–2022. The building includes full interior improvements with each residential unit uniquely finished, supporting a turnkey setup for an owner seeking established income-producing space. The tenant mix consists of 1 retail space, 4 one-bedroom units, 2 studio units, and 1 two-bedroom unit.

    The property is located near Wilmington’s Historic District, Downtown, and the Soda Pop District, and it operates within the UMX zoning district. With a small footprint, the configuration is designed for both retail and residential occupancy under one roof.

    For tenants, the mix of studios and one-bedroom layouts can offer flexibility alongside a larger two-bedroom option. For buyers and investors, the current structure provides a diversified income base across retail and multiple residential unit types, with an approximate annual rental income of $124,000 and a reported strong rental history. The combination of recent interior renovations and an existing retail component makes this property well-suited to operators looking for a single asset to manage with multiple revenue streams.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    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
    -77.939715
    Latitude
    34.237374

    FAQs

    What type of property is this?
    Mixed-use property - Eight-unit mixed-use building with recently renovated residences and a dedicated retail space in Wilmington’s UMX district.
    Where is this mixed-use property located?
    The property is located at 719 Princess Street Wilmington, NC.
    What is the asking price?
    The asking price for this property is $1,324,000.
    What are key features of this property?
    This property features: 8‑unit mixed‑use property built in 1900 near Wilmington’s Historic District, Downtown, and the Soda Pop District; Extensive renovations completed 2021–2022, including full interior improvements for each residential unit; Unit mix: 1 retail space, 4 one‑bedroom units, 2 studio units, and 1 two‑bedroom unit
    More about this property
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