For Sale
$4,500,000

2929 Market StWilmington, NC 28403

4-Acre Market Street Development Site

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional 4.005-acre commercial land parcel, located at 2929 Market Street in Wilmington, North Carolina, presents a compelling investment opportunity. Boasting 360 feet of high-visibility frontage on Market Street, this property enjoys exposure to over 25,000 vehicles daily, ensuring maximum brand visibility. Its prime location is just two miles from downtown Wilmington and directly adjacent to the desirable Forest Hills neighborhood. The site benefits from excellent transit access via WAVE Transit and proximity to the forthcoming Independence Boulevard Extension, promising enhanced connectivity and reduced traffic congestion. Furthermore, its location along Route 17 places it less than four miles from New Hanover County International Airport, offering convenient access for both employees and customers. Zoned O&I-1, this versatile property is ideally suited for a wide range of commercial developments, including hotels, restaurants, daycare centers, medical offices, or retail and mixed-use projects. The property's APN is 313817.00.0394.000 and is offered at an asking price of $4,500,000. This is a rare chance to acquire a strategically positioned site in a thriving Wilmington market, poised for significant growth and return on investment. The property's central location, high visibility, and flexible zoning make it an attractive proposition for developers seeking a high-impact commercial venture. Don't miss this chance to secure a prime piece of Wilmington real estate.

Highlights

  • High visibility: 360 feet of Market Street frontage, 25,000+ vehicles daily.
  • Prime location: Two miles from downtown Wilmington, adjacent to Forest Hills.
  • Excellent transit access: WAVE Transit service, near Independence Boulevard Extension.
  • Close airport proximity: Less than four miles from New Hanover County International Airport.
  • Versatile O&I zoning: Suitable for hotels, restaurants, daycare, and retail.

Property Details for 2929 Market St

Property type
Land
Lot Size (sq. ft)
174,458 SF

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.240236
Longitude
-77.9079121
2929 Market St, Wilmington, North Carolina

FAQs

What type of property is this?
Land - 4-Acre Market Street Development Site
Where is the land located?
The property is located at 2929 Market St Wilmington, NC.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: High visibility: 360 feet of Market Street frontage, 25,000+ vehicles daily.; Prime location: Two miles from downtown Wilmington, adjacent to Forest Hills.; Excellent transit access: WAVE Transit service, near Independence Boulevard Extension.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2929 Market St
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