Listed by Cape Fear Commercial
$1,850,000
716, 719, 720, and 724 South 4th Street
Details
APN R05409-018-009-000, R05409-018-006-00, R05409-018-008-000, R05409-018-007-000
Property Type Land
Sub Type Commercial
Acreage 1.470
Zoning CBD - City of Wilmington
Land | 1.47 acres
Marketing description
Located between 3rd and 4th streets in downtown wilmington, the
Subject is a ±64,033 square foot (±1.47 acre) parcel located at the
Foot of the cape fear memorial bridge.
The property is situated within walking distance of the scenic
Riverwalk, greenfield lake park & amphitheater, and the vibrant
South front district, home to popular dining destinations such as
Benny
’s big time, satellite bar & lounge, and block taco. The site also
Benefits from proximity to the city
’s dynamic employment base,
Including new hanover regional medical center, and numerous
Retail, dining, and cultural destinations in the historic downtown
District
Investment highlights
- LAND SIZE: ± 64,033 SF (± 1.47 acres)
- PROPOSED USE: Multifamily, aka “3rd & Wooster”
- PROPOSED # of UNITS: 115 w/ 3,500 SF of retail
- UNIT MIX: 24—Studios, 76—1Bd, 15—2 Bd
- Conceptual Design (completed)
- Conditional Rezoning (completed)
- Payment In Lieu for Open Space (completed)
- Pre-TRC (completed
Listing Contacts
Listed by Cape Fear Commercial
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Zoning
UMX MixedMixed UseUrban Mixed Use
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View all 132 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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