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    Downtown Wilmington Development Opportunity Title is generated by Realmo AI

    218 N 3rd St, Wilmington, NC 28401

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    Prime .41-acre land in Wilmington's Central Business District.

    Type:Land
    Property size:
    8,141 SF
    Lot size:
    0.41 Acres
    Price / SF:
    $393/SF
    Added:
    Feb 2, 2026
    Days on Market:
    154
    Last Refresh:
    Jun 24 at 5:32 am

    Property Features for 218 N 3rd St

    General Information

    Standard status
    Active
    Size
    8,141 SF
    Lot size
    0.41 Acres
    Property subtype
    Land

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    Jeff Hovis
    Jeff Hovis

    Listing office Intracoastal Realty Corp

    Listing date Feb 2, 2026

    Source Crexi

    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 offers a development opportunity with a land footprint of 0.41 acres, equivalent to 17,795 square feet. The parcel features approximately 132.07 feet of frontage on North 3rd Street and is situated within the Central Business District (CBD), allowing for building heights of up to 100 feet by right. Its location provides close 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 encompasses 8,141 square feet. 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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    (Bike/Boat/Book/etc) Store Veterinary Clinic Cosmetic Store Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Supermarket Restaurant Tanning Salon Carpet & Flooring Store

    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
    -77.9459275
    Latitude
    34.232193

    FAQs

    What type of property is this?
    Commercial land - Prime .41-acre land in Wilmington's Central Business District.
    Where is this commercial land located?
    The property is located at 218 N 3rd St 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: 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.**
    (910) 512-2205 Call to check price and availability
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