711 S 5th Ave - Retail FOR SALE


Wilmington, NC 28401- South Side
$3,995,000 USD
910-512-2205
711 S 5th Ave, Wilmington, NC for Sale
$3,995,000 USD
Retail - FOR SALE
1/37
null | Request Cap Rate

Oct '26


711 S 5th Ave
Wilmington, NC 28401
South Side


OVERVIEW

Rare multi-parcel offering in Wilmington's Brooklyn Arts District. This 0.94 acre with 12,000 sq.ft.+/- Industrial Warehouse assemblage at 711 N 5th Ave. and N. 4th St. includes five contiguous parcels currently operating as ACME Art Studios, a well-known creative hub. Positioned in the Central Business District, the property is ideally suited for infill redevelopment consistent with the City's vision for higher-density, walkable mixed-use environments. Surrounded by ongoing revitalization, local businesses, and cultural venues, this site offers strong potential for residential, live/work, or mixed-use development in one of downtown's fastest-growing districts.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

711 S 5th Avenue

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CBD

APN/PARCEL ID

R04813-014-027-000

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 Notice.