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601 Castle St
Wilmington, NC 28401
Land For Sale · 0.06 AC

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Community Center
  • Convenience Store
  • Fast Food
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Industrial Live or Work Unit
  • Medical
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Supermarket
Total Lot Size 0.06 AC
Zoning MSMU

Description

Great commercial corner lot downtown. Mixed-use zoning allows for commercial downstairs with residential units on upper levels. Air BnB units are allowed in this district. Build exactly what you want!! Located in a good downtown district surrounded by many great businesses & nice homes. Proposed plans have included retail downstairs, with residential units, and a 2200 SQFT penthouse on the upper levels. It also included garages and a big rooftop deck! Neighboring 2510 SQFT building also available for purchase. It could be combined with this corner lot to make a big outdoor deck for a restaurant or other business. Corner commercial lots are a rare find downtown! Corner lots makes side load garages possible. Having a garage is a rare amenity downtown. Corner lots also offer the opportunity for much bigger porches, & a lot more natural light. Ideal for multi-unit building. A similar sized lot sold at 924 N 4th St with the neighboring building for $660,000. Located in great walk-able neighborhood with lots of loyal customers and foot traffic. Surrounding businesses include a popular wine shop, upscale Rx Restaurant, Jester Cafe, Luna Coffee, yoga studio, new Top Chef restaurant , Aluna Works, design shops, mid century modern furniture shop, record shop, art galleries and 12-unit modern apartment building. As mentioned, neighboring building at 603 Castle St is also available for purchase. Both parcels could be combined for greater development opportunities. Package deal if client wants both properties. Bring us an offer. Call if you have questions.

Property Taxes

Property Taxes

Parcel Number
R05409-006-005-000
Land Assessment
$201,800
Improvements Assessment
$0
Total Assessment
$201,800
  • Listing ID: 13693720

  • Date on Market: 9/4/2018

  • Last Updated:

  • Address: 601 Castle St, Wilmington, NC 28401

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