12 5Th AveWilmington, NC 28401

Property Details for 12 5Th Ave

Year built

1846

Lot size

0.16 AC

Property size (Sq ft)

2,536 SF

Zone code

HD,HISTORIC DISTRICT

Property type

Other commercial real estate

APN

R04817-029-004-000

APU

R04817029004000

Description

This exceptional Class A office building, located at 12 N 5th Ave in Wilmington, NC, presents a unique investment opportunity. Built in 1845, this beautifully preserved Greek Revival-style structure boasts 2,495 square feet across two stories, situated on a 0.16-acre lot (APN: R-04817-029-004-000). Currently vacant, the property offers flexible usage potential thanks to its HD (Historic District) zoning. The building features eight rooms, including three updated bedrooms and two and a half updated bathrooms, a recently updated kitchen, and charming original details. Outdoor amenities include two covered porches, a patio, and a tranquil garden. Convenient off-street parking is available, supplemented by ample on-street parking. Its central location in Wilmington's historic district provides easy access to a vibrant array of shops, restaurants, theaters, and other amenities. The asking price for this remarkable property is $885,000. This is a rare chance to acquire a piece of Wilmington's rich history with significant potential for various commercial or residential uses. The property's size and location make it ideal for a variety of businesses or a unique residential conversion.

• Alternative Use

  Use

  Valuation

  Residential

  $703,608

  Hospitality

  $644,501

  Educational

  $536,217

  Medical

  $554,659

  Retail

  $834,116

Location Insight

City

Wilmington

County

New Hanover

State

North Carolina

Latitude

34.2364

Longitude

-77.943

CBSA code

48900

CBSA name

WILMINGTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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