420 N 3rd St, Wilmington, NC 28401

North Carolina > Wilmington

420 N 3rd St, Wilmington, NC 28401

North Wilmington Downtown Development Site: 420 N 3rd St, Wilmington, NC 28401

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For Sale

Retail

For Sale

This property is available for sale

0.55

Acres

$1,550,000

Sale Price

Total Building Size
4,150 RSF

Overview
Downtown Wilmington/ Central Business District - Corner Property Take Eastwood/MLK towards downtown, merges into 3rd St. Property is on the southeast corner of Red Cross and N 3rd St (across from the Shell Station) This prime retail development site is located at the full access lighted intersection of 3rd St and Red Cross St. and it also offers alley access on the other 2 sides. Currently on the property is a building that served as an auto garage in the past and could be retrofitted to a very cool restaurant or bar. Redevelopment potential is extremely high here, among the most active in the area. This site overlooks Cape Fear Community College and is surrounded by new development in every direction. Third St sees heavy traffic daily and the site has a clean environmental bill of health. CBD zoning allows for maximum use of the lot for building envelope.

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Property Details

North Wilmington Downtown Development Site

Downtown Wilmington/ Central Business District - Corner Property Take Eastwood/MLK towards downtown, merges into 3rd St. Property is on the southeast corner of Red Cross and N 3rd St (across from the Shell Station) This prime retail development site is located at the full access lighted intersection of 3rd St and Red Cross St. and it also offers alley access on the other 2 sides. Currently on the property is a building that served as an auto garage in the past and could be retrofitted to a very cool restaurant or bar. Redevelopment potential is extremely high here, among the most active in the area. This site overlooks Cape Fear Community College and is surrounded by new development in every direction. Third St sees heavy traffic daily and the site has a clean environmental bill of health. CBD zoning allows for maximum use of the lot for building envelope.