Date
Details
Price
Change
Source
12/15/2025
Sold
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$800,000
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Property Description
Great investment property in up and coming area. Zone A - 4156 s/f wall-wall - has side access sliding door as well as front entryway. Zone B- 1904 s/f wall-wall - has sliding access door in rear as well as door entryway. Zone C -855 s/f wall-wall. 7445 total s/f. See floor plan. Bathrooms and office area in all 3 units. Property located on corner lot with lots of parking- 19 spots. The City of Wilmington has started a major rehabilitation project on 5th Ave. to include new water & sewer lines, improve storm drains, improved sidewalks, curb & gutter, repaving of street which will include a adding a bike lane. Property located very close to Greenfield Lake and Greenfield Street. Great investment with expected growth possibilities.
Full Property Details
Full Property Details for 1316 S 5th Ave
General
- Sold For: $800,000
- Taxes: $3,803 (2023)
- Status: Closed
- Type: Office
- Source: 2253
- MLS ID: 100472656
- Added to Site: 314 day(s) ago
Business
- Business Type: Professional/Office, Other, Warehouse
Interior
- Flooring: Concrete
Parking
- Parking Features: Parking Lot, Asphalt, Paved
Location
- County: New Hanover
- Subdivision: Dawson-Greenfield
- Driving Directions: Wooster left onto S. 5th Ave. On corner of 5th and Martin.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Zoned
- Heating Type: Electric, Forced Air, Zoned
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
Structural Information
- Structure Type: Metal Fab
- Construction: Metal Siding, Brick Veneer
- Basement Desc.: None
- Roof: Insulated, See Remarks
- Square Feet: 7,445
- Current Bldg. Use: Commercial
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.41
- Lot Size (Sq. Ft.): 17,860
- Lot Dimensions: 132 x 150 x 108 x 151
- Frontage: City Street, State Road, Paved, Paved
- Lot Features: Corner Lot
- Zoning: UMX
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $120.21
- For Sale/Rent/Lease: Sale
- Assessment Amount: $450,100
- Tax Amount: $3,803
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Pt 5/6 Blk 557
- Property ID: R05413-039-002-000
Listed by Intracoastal Realty Corp, Bobby Brandon Team
Sold by REAL Broker LLC, Wendy G Thompson
Listing agent
— 1316 S 5th Ave —
Bobby Brandon Team
Intracoastal Realty Corp
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1316 S 5th Ave
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 | 1.4 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 1316 S 5th Ave
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- Condo
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
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- Single Family
- Active
- Updated 22 hours ago
- 5Beds
- 7Total Baths
- Condo
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
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1316 S 5th Avenue, Wilmington, NC 28401 (MLS# 100472656) is a Office property that was sold at $800,000 on December 15, 2025. Want to learn more about 1316 S 5th Avenue? Do you have questions about finding other Office 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.