818 S 5th Ave, Wilmington, NC 28401
- $600,000
- List Price
- $600,000
- Status
- ACTIVE
- MLS#
- 100586857
- Days on Market
- 20
- Acres
- 0.19
- Neighborhood
- Not In Subdivision
Property Description
This fully entitled development site presents a rare opportunity to move directly into construction. Plans have been completed for a mixed-use building consisting of 10 residential units and 1 commercial space, allowing for a well-balanced income stream. The property has already undergone significant pre-development work, including completed site clearing and grading, installed utilities, and paid tree mitigation fees. With an active building permit in place, this offering significantly reduces timeline risk and carrying costs, positioning it as a highly efficient and shovel-ready investment.
Additional Information
- Lot Information
- Corner Lot
- Utilities
- Sewer Connected, Water Available
- Water
- Public
- Elementary School
- Other
- High School
- New Hanover
Mortgage Calculator
Listing courtesy of Dominion Real Estate Group LLC.
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