1316 S 5th AVE, Wilmington, NC 28401

$800,000

$895,000

10.6%
Est.Price: ?

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Est. payment /mo

7,445 SqFt


SOLD DATE : 12/15/2025

Key Details

Sold Price $800,000

Property Type Commercial

Sub Type Improved

Listing Status Sold

Purchase Type For Sale

Square Footage 7,445 sqft

Price per Sqft $107

Subdivision Dawson-Greenfield

MLS Listing ID 100472656

Sold Date 12/15/25

Style Metal Fab

HOA Y/N No

Year Built 1984

Lot Size 0.410 Acres

Acres 0.41

Lot Dimensions 132x150x108x151

Property Sub-Type Improved

Source Hive MLS

Property Description

Great investment property in up and coming area. Zone A - 4156 s/f wall-wall - has side access sliding door as well as front entryway. Zone B- 1904 s/f wall-wall - has sliding access door in rear as well as door entryway. Zone C -855 s/f wall-wall. 7445 total s/f. See floor plan. Bathrooms and office area in all 3 units. Property located on corner lot with lots of parking- 19 spots. The City of Wilmington has started a major rehabilitation project on 5th Ave. to include new water & sewer lines, improve storm drains, improved sidewalks, curb & gutter, repaving of street which will include a adding a bike lane. Property located very close to Greenfield Lake and Greenfield Street. Great investment with expected growth possibilities.

Location

State NC

County New Hanover

Community Dawson-Greenfield

Zoning UMX

Direction Wooster left onto S. 5th Ave. On corner of 5th and Martin.

Location Details Mainland

Rooms

Basement None

Interior

Heating Electric, Forced Air, Zoned

Cooling Central Air, Zoned

Flooring Concrete

Exterior

Parking Features Parking Lot, Asphalt, Paved

Roof Type Insulated,See Remarks

Building

Lot Description Corner Lot

Foundation Slab

Water Public

New Construction No

Others

Tax ID R05413-039-002-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Intracoastal Realty Corp
Bought with REAL Broker LLC

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