Commercial Land with Multi-Use
For Sale
$2,995,000
1940 Dawson, Wilmington, NC 28403
1.82 acres with 12,000 SF building in Wilmington, NC.
Property SizeContact for details
Days on Market489
Property Features for 1940 Dawson
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$8,189
Building Details
Year Built
1995
Listing Agency:
INTRACOASTAL REALTY CORP
(910) 512-2205
Listed By:
JEFFREY G HOVIS · License #234605
Source:
Corcoran
Added: May 1, 2025
Changed: Mar 16
Last Checked: Apr 13 at 5:01PM
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
Investment Insights
Based on property information with market context.
This 1.82-acre property features a 12,000-square-foot multi-use building, currently housing a well-established local business. The building includes a combination of office space, storefront, and warehouse areas. Zoned Commercial Service, the property supports a range of intensive business uses, making it suitable for operations involving machinery, outdoor storage, repair services, wholesaling, building contractors, and light industrial activities. Its location serves as a transitional zone between commercial and industrial areas, potentially allowing for rezoning or expanded uses due to its proximity to multiple zoning districts. The property offers high visibility and accessibility, with close proximity to downtown and the port. It presents redevelopment or repositioning potential for a new commercial or light industrial venture and is strategically located for logistics, construction-related trades, or niche manufacturing. This property is located in Wilmington, NC.
Key Highlights
- 1.82 acres of commercially zoned land featuring a 12,000 square foot multi‑use building.
- Located in a Commercial Service zoning district.
- Existing, income‑generating local business with customer base.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
Explore this area
Business Placement
Demographics for 28403, NC
38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - 1.82 acres with 12,000 SF building in Wilmington, NC.
Where is this industrial property located?
The property is located at 1940 Dawson Wilmington, NC.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 1.82 acres of commercially zoned land featuring a 12,000 square foot multi‑use building.; Located in a Commercial Service zoning district.; Existing, income‑generating local business with customer base.
