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$4,400,000
Property Description
Rare multi-parcel offering in Wilmington's sought-after Brooklyn Arts District. This ±0.94-acre, centrally located property is zoned Central Business District (CBD) and sits in the heart of Downtown Wilmington. The assemblage includes five contiguous parcels spanning N. 4th Street to N. 5th Avenue--an increasingly rare opportunity to secure through-block connectivity in this rapidly evolving area. The site currently features a ±12,000 sq. ft. industrial warehouse and is home to ACME Art Studios, a well-established creative hub. Positioned within the CBD, the property is ideally suited for infill redevelopment aligned with the city's vision for a dense, walkable, mixed-use urban core. Zoning allows for building heights up to 70 feet with no required setbacks, offering flexibility for a range of development concepts including residential, live/work, or mixed-use projects. Surrounded by ongoing revitalization, thriving local businesses, and cultural destinations, this site represents a prime opportunity in one of downtown's fastest-growing districts.
Full Property Details
Full Property Details for 712 N 4th St
General
- Price: $4,400,000
- Taxes: $1,513 (2025)
- Status: Active
- Type: Lots/Land
- Source: 2253
- MLS ID: 100568706
- Updated: 5/14/2026
- Added to Site: 24 day(s) ago
Location
- County: New Hanover
- Subdivision: Brooklyn
- Driving Directions: From downtown take N 3rd street, turn left on Red Cross, turn left on N 4th Street and property is on the right side.
School Information
- Elementary School: Snipes
- Middle School: Williston
- High School: New Hanover
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Sewer Connected, Water Connected, Electricity Available, Utility Easement
Structural Information
- Current Bldg. Use: Commercial, Retail, See Remarks
Additional Structures
- Other Structures: See Remarks
Lot Features
- Lot Size (Acres): 0.94
- Lot Size (Sq. Ft.): 40,946
- Lot Dimensions: Irregular
- Frontage: City Street, State Road, Paved, Paved
- Topography: See Remarks
- Lot Features: See Remarks
- Zoning: CBD
- Fencing (Description): Chain Link
Financial Considerations
- For Sale: Yes
- Price Per Acre: $4,680,851.06
- Assessment Amount: $2,327,000
- Tax Amount: $1,513.04
- Tax Year: 2025
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: See Exhibit A
- Property ID: R04813-014-003-000
Listed by Intracoastal Realty Corporation, Jeffrey G Hovis and Intracoastal Realty Corporation, Sky Grainger
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Schools
Schools serving 712 N 4th St
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 1.5 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 1.1 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 0.9 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 712 N 4th St
Date
Details
Price
Change
Source
4/22/2026
Listed
$4,400,000
—
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 712 N 4th St
712 N 4th Street, Wilmington, NC 28401 (MLS# 100568706) is a Lots/Land property with a lot size of 0.94 acres. 712 N 4th Street is currently listed for $4,400,000 and was received on April 22, 2026. Want to learn more about 712 N 4th Street? Do you have questions about finding other Lots/Land 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.
