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$1,324,000 -$25,000 (-1.85%) Price Reduced

  • For Sale
  • Active
  • Retail
  • 4,848 Sq. Ft.
  • 0.08 Acres
  • Updated 1 day ago
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8-unit mixed-use property located near Wilmington's Historic District, Downtown, and the Soda Pop District. Built in 1900 with extensive renovations completed 2021-2022. Updates include full interior improvements with each residential unit uniquely finished. Property is in the UMX zoning district. Configuration includes 1 retail space, 4 one-bedroom units, 2 studio units, and 1 two-bedroom unit. Annual rental income approx. $124,000. Strong rental history and turnkey investment opportunity in a high-demand urban location.

Full Property Details for 719 Princess St

General

  • Price: $1,324,000
  • Taxes: $8,954 (2025)
  • Status: Active
  • Type: Retail
  • Source: 2253
  • MLS ID: 100543390
  • Updated: 6/17/2026
  • Added to Site: 201 day(s) ago

Business

  • Business Type: Mixed, Retail, Commercial

Rental Information

  • Lease Info: See Remarks

Interior

  • Flooring: LVT/LVP, Carpet, Tile, Wood

Additional Information

  • Shared Amenities: None

Parking

  • Parking Features: On Street

Location

  • County: New Hanover
  • Subdivision: Not In Subdivision
  • Driving Directions: Take Market Street east out of downtown. Turn left on Tenth Street, turn left on Princess. Property is on the corner of Princess and N 8th Street. Street parking only.

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Wall/Window Unit(s)
  • Heating Type: Electric, Forced Air, Natural Gas

Utilities

  • Sewer: Municipal Sewer, Cape Fear Public Utility Authority
  • Water: Public
  • Utility Description: Natural Gas Connected, Electricity Connected

Structural Information

  • Structure Type: Wood Frame
  • Construction: Wood Siding, Wood Frame
  • Basement Desc.: None
  • Roof: Shingle
  • Ceiling Type: 9
  • Square Feet: 4,848
  • Current Bldg. Use: Retail, Multi-Family, Rental and Retail
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size (Sq. Ft.): 3,441
  • Lot Dimensions: 45 x 56 x 45 x 56
  • Frontage: 2 - 3 Lanes
  • Lot Features: Corner Lot
  • Zoning: UMX

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $273.1
  • For Sale/Rent/Lease: Sale
  • Assessment Amount: $1,521,500
  • Tax Amount: $8,954
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: Pt Lot 55 Blk 184 Wilm
  • Property ID: R04817-022-009-000

Listed by Intracoastal Realty Corporation, Jeffrey G Hovis and Intracoastal Realty Corporation, Sky Grainger

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Listing agents

— 719 Princess St —

  • Jeffrey G Hovis

    Intracoastal Realty Corporation

  • Sky Grainger

    Intracoastal Realty Corporation

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 719 Princess St

School District:New Hanover County Schools
NameGradesDistance
Annie H Snipes Elementary
2150 Chestnut Street, Wilmington, NC 28405
K-51.1 mi
Williston Middle
401 South 10th Street, Wilmington, NC 28401
6-80.5 mi
New Hanover High
1307 Market Street, Wilmington, NC 28401
9-120.4 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 719 Princess St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/17/2026
Price Reduced
$1,324,000
-1.85%
MLS
11/30/2025
Listed
$1,349,000
64.11%
MLS
12/14/2020
Sold
$822,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 719 Princess St

Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$1,521,500
96%
2024
$5,058
54%
$775,200
—
2023
$3,275
-1%
$775,200
—
2021
$3,317
-50%
$775,200
—
2022
$6,589
99%
$775,200
1087%
2021
$3,317
382%
$65,300
—
2019
$688
—
$65,300
—
2018
$688
—
$65,300
—
2017
$688
-46%
$65,300
-43%
2016
$1,266
5%
$114,300
—
2015
$1,210
4%
$114,300
—
2014
$1,159
1%
$114,300
—
2013
$1,148
—
$114,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Intracoastal Realty Corporation, Jeffrey G Hovis and Intracoastal Realty Corporation, Sky Grainger

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719 Princess Street, Wilmington, NC 28401 (MLS# 100543390) is a Retail property. 719 Princess Street is currently listed for $1,324,000 and was received on November 30, 2025. Want to learn more about 719 Princess Street? Do you have questions about finding other Retail real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

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