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1201 Castle St 4,563 SF Specialty Building Offered at $475,000 in Wilmington, NC 28401
EXECUTIVE SUMMARY
Unique commercial property located close to the Cargo District and the Castel Street Arts District. This property is positioned at the corner of Castle and 12th Street. The property is zoned UMX and consist of approximately a total of 4,563 SF of usable space. The downstairs is 3,108 SF and the upstairs is 1,455 SF. There is access to the building from the front, side and rear of building. This property is a prime opportunity for redevelopment or repurposing for a mixed use style project.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
| Price | $475,000 | Building Size | 4,563 SF |
| Price Per SF | $104.10 | No. Stories | 2 |
| Sale Type | Owner User | Year Built | 1923 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Religious Facility | Parking Ratio | 2.19/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.10 AC | ||
| Zoning | UMX - Mixed Use | ||
| Price | $475,000 |
| Price Per SF | $104.10 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,563 SF |
| No. Stories | 2 |
| Year Built | 1923 |
| Tenancy | Single |
| Parking Ratio | 2.19/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | UMX - Mixed Use |
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Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | R05406-023-015-000 | Improvements Assessment | $75,500 (2025) |
| Land Assessment | $138,800 (2025) | Total Assessment | $214,300 (2025) |
PROPERTY TAXES
Parcel Number
R05406-023-015-000
Land Assessment
$138,800 (2025)
Improvements Assessment
$75,500 (2025)
Total Assessment
$214,300 (2025)
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1201 Castle St
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