Thelma Bishop - Coldwell Banker Advantage Logo
$3,995,000
( $315.75Per Sq Foot )
 $22,683 est/mo Sourced by Back At You

711 N 5th Avenue,Wilmington, NC 28401

Wilmington, NC 28401

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Description

Rare multi-parcel offering in Wilmington's Brooklyn Arts District. This 0.94 acre with 12,650 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.

Details

MLS #100568713
Listing TypeFor Sale
StyleImproved
Sub-TypeResale
StatusActive
Year1969
Days On Site120
Listing Provided ByIntracoastal Realty Corporation | Sarah W DeVries

Features

SQ Feet12,652
Units2
ZoningCBD
Acreage0.94

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Heat Pump

Exterior

RoofFlat
Foundation DetailsSlab
Lot FeaturesOpen Lot, Level, See Remarks, Cleared, Undeveloped
Waterfront FeaturesNone
Construction MaterialsBlock, Concrete, Brick, Steel Frame

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesPrivate, Parking Lot, Additional Parking, Unpaved, Off Street, On Site, Paved

Utilities

UtilitiesElectricity Connected, Sewer Connected, Water Connected

Taxes

Tax Assessed Value2497000
Tax Book Number0000
Tax Legal DescriptionPt Lts 4/5 Blk 264 Wilm, Nwm 4 + Pt Nem 4 Blk 264, E 1/2 3 Blk 264, Nw 1/4 3 Blk 264, Sw 1/4 3 Blk 264
Tax Year2025

Area Information

StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
Listing VS Median (in 28401)
Price:
$3,995,000
low | high
Med:
$375,000
100% of Average
sqft:
12,652
low | high
Med:
1,105
100% of Average
$ / sqft:
$316
low | high
Med:
$340
42.422439894174% of Average
On site:
120
low | high
Med:
136
88.235294117647% of Average
Sourced by Back At You

Market Activity 28401

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Contact

Learn More About This Property

Thelma Bishop

Thelma Bishop

Coldwell Banker Advantage

126085 (910) 273-1434tbishop@homescba.com
StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
Listing VS Median (in 28401)
Price:
$3,995,000
low | high
Med:
$375,000
100% of Average
sqft:
12,652
low | high
Med:
1,105
100% of Average
$ / sqft:
$316
low | high
Med:
$340
42.422439894174% of Average
On site:
120
low | high
Med:
136
88.235294117647% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.996M - $4.993M
sqft: 9,000 - 15,500
Nearby Listings Property ImageNearby Listings Details
255 N Front Street Property Photo 1
$1,850,000
255 N Front Street
Wilmington, NC 28401
Listing Updated: August 4, 2026 at 11:28:18 AM PDT