$205,000

620 Castle Street

Wilmington NC, 28401

Description

This is a great opportunity to purchase a commercial building that needs a lot of work on Castle Street. Possible use of the Opportunity Zone Program or even a 203K loan to rehab the properties. The Duplex adjacent to this property located on 606 7th street is available as one contiguous piece of property (.11 Acres total) that could be purchased together and rehabbed to create an amazing commercial space to enhance this popular area so close to all of the wonderful attributes that Wilmington has to offer.The buildings are in poor condition and will require someone with the skills and imagination to turn this corner into a gem that will be appreciated. Appointment to tour is required. There is a substantial amount of junk that needs to be removed. This is a property for the people that have the skills and the vision to pull off a successful rehab or rebuild project.

Details

MLS#100199108
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site13

Features

SQ Feet5,100
Story(s)1
Units1
ZoningC-Com

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Area Information

StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
AreaNew Hanover
Listing VS Median (in 28401)
Price:
$205,000
low | high
Med:
$214,900
45.170731707317% of Average
SqFt:
5,100
low | high
Med:
1,500
100% of Average
$ / SqFt:
$40
low | high
Med:
$143
100% of Average
On Site:
13
low | high
Med:
16
81.25% of Average
Listing Updated: 01/23/2020
MLS Number: 100199108
Listing Provided By:
Jay Curley  of  Keller Williams Realty
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