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$525,000
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Property Description
Rare opportunity to own a highly versatile UMX-zoned property in Wilmington's rapidly growing urban core. Ideally positioned minutes from Downtown Wilmington and the Cargo District, 1120 Dawson sits on nearly 0.40 fully fenced acres with over 250 feet of road frontage on a high-traffic corridor, offering exceptional flexibility for an owner-user, investor, entrepreneur, or redevelopment-minded buyer. Initially a mechanic shop then later a church, and currently configured as a residential-style structure, the property offers endless potential for a contractor shop, warehouse, workshop, studio, creative office, live/work concept, service-based business, or unique investment opportunity. Extensive infrastructure upgrades and improvements have already been completed, including all new electrical throughout the building with updated panels and wiring, new plumbing above and below ground, new insulation/drywall, and LED lighting throughout. The building is equipped with 2 HVACs, including a 5-ton Goodman system installed in 2023, complemented by a powerful 200,000 BTU gas heater for efficient climate control. Built with durability and functionality in mind, the structure features metal stud framing, reinforced heavy-duty beam construction, and a garage built with 1/4-inch steel. Additional highlights include cement floors downstairs, a 15x15 insulated roll-up garage door with remote and chain operation, recessed lighting on the first floor, 20-amp outlets throughout, a 100-amp exterior junction box for additional buildings or expansion potential, and natural gas service already in place. The property also includes two fully renovated bathrooms completed approximately three years ago with custom showers, a 2021 tankless water heater, updated ceiling panels, and an updated roof approximately 5-6 years old. Outside, the expansive fully fenced lot provides ample room for parking, equipment storage, outdoor workspace, additional structures, or future improvements subject to approvals. Offering a rare combination of infrastructure, flexibility, accessibility, and redevelopment potential, 1120 Dawson presents a true blank canvas in one of Wilmington's most active growth corridors. Some photos have been digitally altered by removing furnishings/items to better showcase the space/layout potential.
Full Property Details
Full Property Details for 1120 Dawson St
General
- Sold For: $525,000
- Taxes: $1,735 (2025)
- Status: Closed
- Type: Commercial Service
- Source: 2253
- MLS ID: 100574650
- Added to Site: 110 day(s) ago
Business
- Business Type: Storage, Mixed, Manufacturing, Business Service, Wareh
Interior
- Flooring: LVT/LVP, Concrete
Parking
- Parking Features: Garage Faces Rear, Private, Unpaved
Location
- County: New Hanover
- Subdivision: Not In Subdivision
- Driving Directions: From Downtown Wilmington, take Market St west and turn onto Dawson St. Property is on corner of Dawson and S 12th St.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Community Sewer, Cape Fear Public Utility Authority
- Water: Community Water
- Utility Description: Water Available
Structural Information
- Structure Type: Wood Frame
- Construction: Brick Veneer, Wood Frame
- Basement Desc.: None
- Roof: Shingle
- Square Feet: 2,309
- Current Bldg. Use: Residential
- Year Built: 1970
Lot Features
- Lot Size (Acres): 0.39
- Lot Size (Sq. Ft.): 16,988
- Lot Dimensions: 165 x 159 x 65 x 93 x 99 x 66
- Frontage: City Street, State Road, Maintained
- Lot Features: Corner Lot, Cleared, Irregular Lot
- Potential Use: Automotive, Commercial, Industrial, Mixed Use, Place of Worship, Warehouse, See Remarks
- Zoning: UMX
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $257.69
- For Sale/Rent/Lease: Sale
- Assessment Amount: $294,900
- Tax Amount: $1,735.49
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Pt Lots 1, 2, 3 E 1/2 Blk 41 Wilmington Combined Per Db 5351 Pg 1809 Result Of Combination No 52291
- Property ID: R05410-029-021-000
Listed by 1st Class Real Estate Coastal Choice, David Link
Sold by Intracoastal Realty Corporation, Jeffrey G Hovis
Get Pre-Approved Today
Schools
Schools serving 1120 Dawson St
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Forest Hills Elementary 602 Colonial Drive, Wilmington, NC 28403 | K-5 | 1.1 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 0.4 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 0.9 mi |
John T Hoggard High 4305 Shipyard Boulevard, Wilmington, NC 28403 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1120 Dawson St
Date
Details
Price
Change
Source
9/02/2026
Sold
$525,000
-11.76%
MLS
7/12/2026
Price Reduced
$595,000
-11.85%
MLS
6/07/2026
Price Reduced
$675,000
-10%
MLS
5/18/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1120 Dawson Street, Wilmington, NC 28401 (MLS# 100574650) is a Commercial Service property that was sold at $525,000 on September 02, 2026. Want to learn more about 1120 Dawson Street? Do you have questions about finding other Commercial Service real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

