$2,995,000

1940 Dawson Street, Wilmington, NC 28403

  • 12,038 sqft
  • Property Icon Land
  • Property Year Built Icon Built in 1995
  • Property Lot Size Icon1.82acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $249/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Prime Business & Development Opportunity in Strategic Commercial Service District Unlock the potential of this rare offering: 1.82 acres of commercially zoned land featuring a 12,000 square foot multi-use building that includes a combination of office space, storefront, and warehouse, all currently home to a well-established local business. Zoning & Use: Located in a Commercial Service zoning district, this property supports a wide range of intensive business uses—ideal for operations involving machinery, outdoor storage, repair services, wholesaling, building contractors, and light industrial activities. It is uniquely positioned as a transitional zone between commercial and industrial areas, opening doors for rezoning or expanded uses due to its proximity to multiple zoning districts. Key Advantages: • Existing, income-generating local business with customer base • High visibility and accessibility, with close proximity to downtown and the port • Excellent redevelopment or repositioning potential for a new commercial or light industrial venture • Strategic location suited for logistics, construction-related trades, or niche manufacturing This property presents a turnkey business opportunity or a blank canvas for entrepreneurs and developers seeking to capitalize on the area's growth and connectivity.

Listing Status:
Active
Date Added:
April 30, 2025 at 05:00AM
Listing Office:
Intracoastal Realty Corp : 910-256-4503
MLS ID:
100504432
  • Basement: None
  • Flooring: Concrete
  • A/C: Central Air
  • Heating: ElectricForced Air

This listing courtesy of Intracoastal Realty Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Forest Hills Global Elementary School

602 Colonial Dr, Wilmington, NC, 28403

Grades KG-5

0.49 miles away

L

Lake Forest Academy

1802 S 15th St, Wilmington, NC, 28401

Grades KG-8

0.88 miles away

N

New Hanover High School

1307 Market St, Wilmington, NC, 28401

Grades 9-12

1.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.