Price Reduction - Foreclosure
Address
315-317 Castle Street, Wilmington, NC
Price
$ 849,000
Property Attributes
  • ID#10008516
  • TypeCommercial
  • CountyNEW HANOVER
  • CityWilmington
  • AreaNew Hanover
  • Zip28401
  • StyleMixed Use
  • Year Built1888
  • Taxes$ 3098
  • Price$ 849,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,614 SqFt
Data Source:
Triangle MLS (TMLS)
Property Description

Unique and rare investment property in the historic downtown Wilmington. Renovated Mid 1800s building with Upgrades. Nestled in the prime downtown district of one of the city's top TEN high-appreciating neighborhoods, these iconic buildings offer a blend of vintage charm and modern potential. With mixed-use and multifamily spaces, this portfolio promises a lucrative venture in a thriving location, combining history with strategic commercial opportunities. Leased under market rates with 1 Vacant unit left vacant for owner occupancy or Vacation Rental/Airbnb. Properties can be sold TOGETHER as a portfolio deal. See 2617 Market St (MLS 10008535) for second property.

Price History
1/28/2024 Listed $1,750,000
1/30/2024 46% - $949,000
4/6/2024 11% - $849,000

General Features

Cooling Ceiling Fan(s),Electric,Wall Unit(s)
Appliances Electric Oven,Electric Water Heater,Free-Standing Range,Refrigerator,Vented Exhaust Fan
Exterior Features None
Zoning R-3
Construction Materials Brick,Brick Veneer,Vinyl Siding
Year Built 1888
Stories 2
Property SubType Mixed Use
Business Type Other
County New Hanover
New Construction No
Property Type Commercial Sale
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Building Features Cable TV
Status Active
Directions From 3rd St head to east on Castle. The property is at NW corner of Castle and 4th St.
ModificationTimestamp 2024-04-06T17:07:24.000Z
City Wilmington
Buyer Agent Compensation 2.50
View Y/N No
Senior Community Y/N No
Lot Size Square Feet 2613.6
Waterfront Y/N No
Carport Y/N No
Street Name Castle
Property Attached Y/N No
Tax Annual Amount 3098.62
Lease Considered Y/N No
Days on Market 86
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Basement Other
Flooring Concrete,Hardwood,Vinyl
Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Street Suffix Street
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet

Exterior Features

Fencing None
Lot Size Area 2613.6
Foundation Details Other
Spa No
Building Area Total 2618
Lot Dimensions see ta x records
Lot Size Acres 0.06
Lot Size Units Square Feet
Open Parking Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 28401

Price
AVG $870K
$850K
Taxes
AVG $2,515
$3,098
Visits
AVG 30
44
Data Provided by Inside Real Estate®
Year Built
AVG 1937
1888

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