1940 Dawson ST Wilmington, NC 28403
UPDATED:
Key Details
Property Type Commercial
Sub Type Improved
Listing Status Active
Purchase Type For Sale
Square Footage 12,038 sqft
Price per Sqft $248
Subdivision Not In Subdivision
MLS Listing ID 100504432
Style Metal Fab
HOA Y/N No
Originating Board Hive MLS
Year Built 1995
Annual Tax Amount $8,189
Lot Size 1.820 Acres
Acres 1.82
Lot Dimensions irregular
Property Sub-Type Improved
Property Description
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.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning CS
Direction Take From Downtown, take S 3rd Street. Turn left on Dawson Street. Follow Dawson and property is on the right(two parcels before Wrightsville Avenue).
Rooms
Basement None
Interior
Heating Electric, Forced Air
Cooling Central Air
Flooring Concrete
Exterior
Parking Features Private, Parking Lot, Off Street, Paved
Amenities Available No Amenities
Waterfront Description None
Roof Type Metal
Building
Lot Description See Remarks
Foundation Slab
Sewer Municipal Sewer
Water Municipal Water
New Construction No
Others
Tax ID R05411-016-001-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://sites.uniquemediadesign.com/1940dawsonstreet?mls
