Vacant Land in Wilmington's Central Business District

906 N 4th St Wilmington, NC 28401

906 N 4th St, Wilmington, NC, 28401
906 N 4th St, Wilmington, NC, 28401 906 N 4th St, Wilmington, NC, 28401 906 N 4th St, Wilmington, NC, 28401 906 N 4th St, Wilmington, NC, 28401 906 N 4th St, Wilmington, NC, 28401 906 N 4th St, Wilmington, NC, 28401 906 N 4th St, Wilmington, NC, 28401
FOR SALE
Property Type:
Other Land
Amount:
$685,000
Last Verified:
Oct 10, 2024

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Highlights

  • - Zoned for commercial use in the Central Business District
  • - Prime location in the bustling Wilmington Metro area
  • - Ideal for retail and commercial development
  • - CBD zoning offers flexibility for various businesses
  • - Strategic positioning for success and growth
  • - Coveted opportunity for forward-thinking retail investors
  • - Proximity to amenities and urban conveniences
  • - High visibility and foot traffic for retail businesses
  • - Surrounded by a diverse mix of retail and dining options

Description

Explore the boundless potential of this exceptional property located in the heart of Wilmington's thriving Central Business District. Zoned for commercial use, this prime location offers a unique opportunity for retail and commercial development. With its strategic positioning in the bustling Wilmington Metro area, the property is poised for success and growth. Its coveted CBD zoning ensures flexibility for a wide range of businesses, making it an ideal investment opportunity for forward-thinking retail investors. Don't miss the chance to own a piece of this dynamic locale and make your mark within this vibrant and rapidly expanding market.

Discover the potential of the bustling Wilmington Metro market with this prime vacant land in the Central Business District. Surrounded by a vibrant mix of urban housing options, and within walking distance of the Marina and City of Wilmington Skyline Center, the area offers an enticing opportunity for a savvy investor. Historic landmarks like the iconic USS North Carolina and the Wilmington Railroad Museum draw visitors from near and far. The nearby Riverwalk provides a picturesque backdrop for leisurely strolls, while local breweries and art galleries add to the neighborhood's eclectic charm. With its strategic location and array of attractions, this property presents a promising prospect for retail and commercial development in Wilmington's thriving urban center.

Lot Size: 0.37 acres

Map of 906 N 4th St, Wilmington, NC, 28401

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.