No photo available
$3,000
Property Description
Flexible and valuable UMX zoning would allow for a variety of commercial uses, such as office space, massage therapist, or esthetics business, for example. Parking for 3 vehicles directly behind home is accessed by Roderick Alley for convenience. Property is located beside Axes and Allies axe throwing bar, so there is an established customer base next door. Listing broker is owner.
Full Property Details
Full Property Details for 1120 S 3rd St
General
- Price: $3,000
- Taxes: (2025)
- Status: Active
- Type: Commercial Lease
- Source: 2253
- MLS ID: 100542096
- Updated: 5/13/2026
- Added to Site: 175 day(s) ago
Business
- Business Type: Professional/Office, Retail, Commercial, Professional
Rental Information
- Lease Info: Modified
Interior
- Flooring: Laminate, Vinyl
Additional Information
- Shared Amenities: Park, Sidewalks
Parking
- Parking Features: Concrete, Off Street
Location
- County: New Hanover
- Subdivision: Not In Subdivision
- Driving Directions: West (toward Cape Fear River) on Market Street, make left onto 3rd Street and make a right onto Marstellar St. First right onto Roderick Alley and house will be first driveway to the right (beside Axes and Allies). Please use back door only.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Heat Pump, Electric, Forced Air
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Natural Gas Connected, Electricity Connected
Structural Information
- Structure Type: Wood Frame
- Basement Desc.: None
- Roof: Shingle
- Square Feet: 1,229
- Year Built: 1912
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Dimensions: 35 by 150
- Frontage: Alley, City Street, State Road
- Zoning: UMX
Green Features
- Energy Efficient: Lighting
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $2.44
- Land Lease Fee Freq: Annually
- Lease Price: $3,000
- Security Deposit: $3,000
- Assessment Amount: $434,000
- Tax Year: 2025
- Terms: Cash
- Owner Pays: None, Water
- Tenant Pays: Trash Collection, Grounds Care, Gas, Taxes, All Utilities, Insurance, Repairs, Janitorial Service, Electricity, Cable TV, Advertising, Building Insurance, Exterior Maintenance, Interior Building Maintenance, Liability Insurance, Storm Water Fee, Pest Control, Sewer, Water
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: SE 4 BLK 4 WILM PT LOT 4 BLK WILM
- Property ID: R05413-018-017-000
- Lot Number: 4
Listed by Sold Buy the Sea Realty, Grace Hodgkins
Get Pre-Approved Today
Schools
Schools serving 1120 S 3rd St
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 1.9 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 0.9 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 1.3 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 S 3rd St
Date
Details
Price
Change
Source
11/19/2025
Listed
$3,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1120 S 3rd St
1120 S 3rd Street, Wilmington, NC 28401 (MLS# 100542096) is a Commercial Lease property. 1120 S 3rd Street is currently listed for $3,000 and was received on November 19, 2025. Want to learn more about 1120 S 3rd Street? Do you have questions about finding other Commercial Lease real estate for sale in Chestnut Heights - Princess Place? You can browse all Chestnut Heights - Princess Place real estate or contact a Coldwell Banker agent to request more information.