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Corner Commercial Land
For Sale
$1,500,000

1007 N 4th Street, Wilmington, NC 28401

Commercial Sale, Wilmington, NC

Property Size2,005 SF
Lot Size0.34 Acres
Price / SF$748.13
Days on Market193

Property Features for 1007 N 4th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CBD
Parking 8
Subdivision Downtown
Lot features Corner Lot
Directions Take N 3rd street out of town, turn right on Davis Street and then right on N 4th Street. Building is to the right.
Standard status Active
APN R04809-036-013-000
Size 2,005 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Parcel B Fourth & Davis LLC Div Blk 305 Wilm
Tax Annual Amount 3441
Legal Description Parcel B Fourth & Davis LLC Div Blk 305 Wilm

Utilities

Utilities Natural Gas Available
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1960
Number of units 1
Flooring type Concrete
Building materials Glass, Block, Stucco
Roof type Membrane
Listing Agency: Intracoastal Realty Corp
Listed By: Jeffrey G Hovis · License #234605
Added: Feb 10 Changed: Aug 20 Last Checked: Aug 22 at 4:06PM
MLS# 100553833

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 0.335-acre commercial land parcel includes an existing 2,005-square-foot building constructed in 1960. The structure features glass, block, and stucco construction, concrete flooring, central air, electric heat, and a membrane roof. Public water serves the property, and natural gas is available.

Located at 1007 N 4th Street in Wilmington’s Brooklyn Arts District, the site occupies a corner position within the Central Business District. The property information identifies no setback and a 50-foot building height, providing the documented development parameters for the site. The existing building and its underlying commercial land create a combined property profile for continued use or future redevelopment.

Key Highlights

  • 0.335‑acre corner commercial land parcel
  • Existing 2,005‑square‑foot building constructed in 1960
  • Central Business District zoning designation: CBD

Property Analytics

Current Use

Palate Bottle Shop ... Bar & Pub

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Florist Veterinary Clinic Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,295
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Hotels & Casinos 42%
Shell Shops & Services
12,670 visits/mo 0.3 miles
Embassy Suites by Hilton Wilmington Riverfront Hotels & Casinos
8,717 visits/mo 0.5 miles
Wells Fargo Shops & Services
3,947 visits/mo 0.5 miles
Hampton Inn Wilmington Downtown Hotels & Casinos
3,551 visits/mo 0.5 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - CBD-zoned property with an existing commercial building, public water, and access to natural gas.
Where is this commercial land located?
The property is located at 1007 N 4th Street Wilmington, NC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 0.335‑acre corner commercial land parcel; Existing 2,005‑square‑foot building constructed in 1960; Central Business District zoning designation: CBD
More about this property
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