1940 Dawson St - Warehouse FOR SALE


Wilmington, NC 28403
$2,995,000 USD
910-512-2205
1940 Dawson St, Wilmington, NC for Sale
$2,995,000 USD
Warehouse - FOR SALE
1/39
null | Request Cap Rate

1940 Dawson St
Wilmington, NC 28403


OVERVIEW

Prime Business & Development Opportunity in Strategic Commercial Service District Unlock the potential of this rare offering: 1.82 acres of commercially zoned land featuring a 12,000 square foot multi-use building that includes a combination of office space, storefront, and warehouse, all currently home to a well-established local business. Zoning & Use: Located in a Commercial Service zoning district, this property supports a wide range of intensive business uses—ideal for operations involving machinery, outdoor storage, repair services, wholesaling, building contractors, and light industrial activities. It is uniquely positioned as a transitional zone between commercial and industrial areas, opening doors for rezoning or expanded uses due to its proximity to multiple zoning districts. Key Advantages: • Existing, income-generating local business with customer base • High visibility and accessibility, with close proximity to downtown and the port • Excellent redevelopment or repositioning potential for a new commercial or light industrial venture • Strategic location suited for logistics, construction-related trades, or niche manufacturing This property presents a turnkey business opportunity or a blank canvas for entrepreneurs and developers seeking to capitalize on the area's growth and connectivity.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$272 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.82

LAND SF

79,279

ZONING

CS

APN/PARCEL ID

R05411-016-001-000

ASK ABOUT THIS PROPERTY

Jeff HovisIntracoastal Realty CorporationMore Info
910-512-2205

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Jeff HovisIntracoastal Realty CorporationMore Info
910-512-2205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.