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.
| MLS # | 100568706 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 194 |
| Listing Provided By | Intracoastal Realty Corporation | Jeffrey G Hovis |
| Zoning | CBD |
|---|---|
| Acreage | 0.94 |
| Lot Features | See Remarks |
|---|---|
| Topography | See Remarks |
| Waterfront Features | None |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Utilities | Sewer Connected, Water Connected, Electricity Available, Utility Easement |
|---|
| Tax Assessed Value | 2327000 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | See Exhibit A |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Brooklyn |
| Elementary School | Snipes |
| High School | New Hanover |
| Listing VS Median (in Brooklyn) | |
Price: $3,995,000 low | high Med: $379,990 On site: 194 low | high Med: 60 | |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Brooklyn |
| Elementary School | Snipes |
| High School | New Hanover |
| Listing VS Median (in Brooklyn) | |
Price: $3,995,000 low | high Med: $379,990 On site: 194 low | high Med: 60 | |
![]() | $3,995,000711 N 5th AvenueWilmington, NC 28401 |