$4,400,000

Property Description

Rare multi-parcel offering in Wilmington's sought-after Brooklyn Arts District. This ±0.94-acre, centrally located property is zoned Central Business District (CBD) and sits in the heart of Downtown Wilmington. The assemblage includes five contiguous parcels spanning N. 4th Street to N. 5th Avenue--an increasingly rare opportunity to secure through-block connectivity in this rapidly evolving area. The site currently features a ±12,000 sq. ft. industrial warehouse and is home to ACME Art Studios, a well-established creative hub. Positioned within the CBD, the property is ideally suited for infill redevelopment aligned with the city's vision for a dense, walkable, mixed-use urban core. Zoning allows for building heights up to 70 feet with no required setbacks, offering flexibility for a range of development concepts including residential, live/work, or mixed-use projects. Surrounded by ongoing revitalization, thriving local businesses, and cultural destinations, this site represents a prime opportunity in one of downtown's fastest-growing districts.

From downtown take N 3rd street, turn left on Red Cross, turn left on N 4th Street and property is on the right side.

Property Features

  •  2025
  •  0.94
  •  40946
  •  4
  •  1031 Exchange|Cash|Conven
  •  See Exhibit A
  •  CBD
  •  Sewer Connected|Water Connected|Electricity Available|Utility Easement
  •  Public
  • Exterior Features

  •  See Remarks
  •  City Street|State Road|Paved
  •  Paved
  •  Mixed Use
  •  Land
  • School Information

    • Williston
    Courtesy of Intracoastal Realty Corporation

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    Brooke Powell

    912.272.7575
    Keller Williams Coastal Area Partners

    712 N 4th Street
    Wilmington, 28401

    $4,400,000
    Beds / Bath
    Sq. Feet
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    712 N 4th Street
    Wilmington, 28401

    $4,400,000
    Beds / Bath
    Sq. Feet
    Click image to generate new verification code.