$174,900 $912 est/mo Sourced by Back At You

1312 Castle Street,Wilmington, NC 28401

Wilmington NC, 28401

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Description

Nestled within the UMX zone, this lot boasts a strategic location, just a brief stroll from the thriving Cargo District and the upcoming Midcastle mixed-use project. Envisioned to introduce 98 apartments and over 4,200 square feet of commercial space to the burgeoning corridor, Midcastle adds substantial value to the area. Additionally, the property is conveniently situated near the quaint Castle Street Antique District and offers easy access to city water and sewer connections, as well as alley access. With the versatile UMX zoning, the development possibilities are extensive, spanning from multi-family residences to breweries, artisanal food and beverage production facilities, homestay lodgings, whole-house accommodations, and group homes. Moreover, numerous other potential uses can be explored with the acquisition of a Special Use Permit, ensuring ample flexibility for future ventures.

Details

MLS#100451081
Listing TypeFor Sale
StyleFarm or Ranch
StatusActive
Year0
Days On Site33
Listing Provided ByThe Property Shop International Realty | Scott H Ashcraft
Buying Commision2.5%

Features

ZoningUMX
Acreage0.10

Market Activity 28401

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Listings Checked: 4 minutes ago
StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
AreaNew Hanover
Community NameNot In Subdivision
Listing VS Median (in Not In Subdivision)
Price:
$174,900
low | high
Med:
$278,450
9.205260148656% of Average
On Site:
33
low | high
Med:
302
10.927152317881% of Average
Sourced by Back At You
Listing Updated: June 28, 2024 at 5:10:26 PM PDT