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$2,385,000
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Property Description
720 Castle Street represents a unique opportunity to acquire a mixed-use asset in one of Wilmington's most active and evolving districts. Comprised of 10 residential units and 1 commercial space on a single parcel, the property is well-positioned within the Castle District--an area that continues to see steady growth, revitalization, and increasing demand. Its walk-able proximity to downtown Wilmington further enhances its appeal to both residential tenants and commercial users. The combination of residential density and a street-level commercial component creates a balanced income stream, supported by modern finishes and on-site amenities that align with current market expectations. For investors seeking a centrally located, income producing property with both stability and longterm upside, 720 Castle Street presents a compelling and well-rounded opportunity.
Full Property Details
Full Property Details for 720 Castle St
General
- Price: $2,385,000
- Taxes: $10,515 (2025)
- Status: Active
- Type: Commercial
- Source: 2253
- MLS ID: 100569314
- Updated: 5/14/2026
- Added to Site: 22 day(s) ago
Business
- Business Type: Mixed
Parking
- Parking Features: On Site, Paved
Location
- County: New Hanover
- Subdivision: Dawson-Castle Street
- Driving Directions: Heading towards N 10th St, turn right onto N 10th. Turn right onto Castle St.
Heating & Cooling
- Heating Type: Electric
Structural Information
- Square Feet: 6,662
- Year Built: 2025
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Dimensions: Irregular
- Frontage: City Street, State Road, Paved, Paved
- Zoning: UMX
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $358
- For Sale/Rent/Lease: Sale
- Assessment Amount: $1,786,800
- Tax Amount: $10,515.32
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: PT LOTS 1-2 BLK 79 WILM
- Property ID: R05409-010-027-000
Listed by Dominion Real Estate Group LLC, Seth D Huntt
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Schools
Schools serving 720 Castle St
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 1.3 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 0.3 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 0.7 mi |
John T Hoggard High 4305 Shipyard Boulevard, Wilmington, NC 28403 | 9-12 | 3.2 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 720 Castle St
Date
Details
Price
Change
Source
4/24/2026
Listed
$2,385,000
615.14%
MLS
4/24/2024
Sold
$333,500
—
Public Record
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
Tax History for 720 Castle St
Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$1,786,800
1242%
2024
$1,158
3%
$133,100
—
2023
$1,125
33%
$133,100
—
2022
$849
100%
$133,100
251%
2021
-100%
$37,900
—
2018
$399
—
$37,900
—
2019
$399
—
$37,900
—
2017
$399
-5%
$37,900
—
2016
$420
5%
$37,900
—
2015
$401
4%
$37,900
—
2014
$384
1%
$37,900
—
2013
$381
—
$37,900
—
Disclaimer: Historical tax 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 720 Castle St
720 Castle Street, Wilmington, NC 28401 (MLS# 100569314) is a Commercial property. 720 Castle Street is currently listed for $2,385,000 and was received on April 24, 2026. Want to learn more about 720 Castle Street? Do you have questions about finding other Commercial real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

