Downtown Wilmington Land For
218 N 3rd Street, Wilmington, NC 28401
Prime downtown Wilmington land with redevelopment potential.
Type:Commercial/Industrial
Property size:
8,141 SFLot size:
0.41 AcresPrice / SF:
$460/SF- Added:
- Mar 12, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 5 at 9:24 pm
Property Features for 218 N 3rd Street
General Information
- Standard status
- Active
- Size
- 8,141 SF
- Lot size
- 0.41 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1941
Listing agent Jeffrey G Hovis License #234605
Listing office Intracoastal Realty Corp (910) 256-4503
Listing date Mar 12, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Intracoastal Realty Corp
HighLights
- Prime downtown Wilmington location in the Central Business District (CBD).
- Development potential: Build up to 100 feet by right.
- Large .41 acre (17,795 sq ft) parcel with 132.07 feet of frontage on North 3rd Street.
- Existing 8,141 sq. ft. building can be utilized or removed for redevelopment.
- Close proximity to Courthouse, City of Wilmington Building, hotels, banks, office buildings, and the Convention Center.
- Located near local businesses and residential areas.
Overview
Located in downtown Wilmington, this property encompasses 0.41 acres, equivalent to 17,795 square feet. It features approximately 132.07 feet of frontage on North 3rd Street and is situated within the Central Business District (CBD), where building heights of up to 100 feet are permitted by right. 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 provides 8,141 square feet of space. 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
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9459
- Latitude
- 34.2322
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Prime downtown Wilmington land with redevelopment potential.
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 $3,750,000.
What are key features of this property?
This property features: Prime downtown Wilmington location in the Central Business District (CBD).; Development potential: Build up to 100 feet by right.; Large .41 acre (17,795 sq ft) parcel with **132.07 feet of frontage on North 3rd Street.**
