720 Castle Street, Wilmington, NC 28401
New Listing
$2,400,000
Property Type:
Comm Sale or Lease
Square Footage:
6,662
Lot Size (sq. ft.):
7,841
Status:
Active
Current Price:
$2,400,000
List Date:
4/24/2026
Last Modified:
4/24/2026
Description
720 Castle Street represents a unique opportunity to acquire a mixed-use asset in one of Wilmington's most active and evolving districts. Comprised of 10 residential units and 1 commercial space on a single parcel, the property is well-positioned within the Castle District--an area that continues to see steady growth, revitalization, and increasing demand. Its walk-able proximity to downtown Wilmington further enhances its appeal to both residential tenants and commercial users.
The combination of residential density and a street-level commercial component creates a balanced income stream, supported by modern finishes and on-site amenities that align with current market expectations. For investors seeking a centrally located, income producing property with both stability and longterm upside, 720 Castle Street presents a compelling and well-rounded opportunity.
More Information MLS# 100569314
Location Information
City Limits: Yes
Marketing City: Wilmington
Street #: 720
Street Name: Castle
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
Subdivision: Dawson-Castle Street
Geo Lat: 34.228275
Geo Lon: -77.938652
Building/Ext Features
# of Units: 0
Fireplace Y/N: No
Lot Acres: 0.18
Lot SqFt: 7841
Lot Dimensions: Irregular
SqFt - Total Available: 8808
Location Type: Mainland
Contract Info
Delayed Marketing?: No
Garage: Masterlock
Sale/Lease: Sale
List Price/SqFt: 360.25
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2026-04-24
Listing Price: 2400000
Current Price: $2,400,000
Remarks and Showing
Sign on Property: No
Directions to Property: Heading towards N 10th St, turn right onto N 10th. Turn right onto Castle St.
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 1786800
Deed Book: 6701
Deed Page: 2994
Legal: PT LOTS 1-2 BLK 79 WILM
Broker Owner: No
PID: R05409-010-027-000
Tax Identifier: R05409-010-027-000
Plat Book: 0
Plat Page: 0
Total Real Estate Property Taxes: 10515.32
Special Assessments: None
Tax Year: 2025
Zoning: UMX
Cobra Zone: No
Year Built: 2025
Business Type
Mixed: 1
Parking Features
On Site: 1
Paved: 1
Sale/Lease Includes
See Remarks: 1
Road Type/Frontage
Paved: 1
Public (City/Cty/St): 1
Heating System Fuel Source
Electric: 1
BuildingExt Features
SqFt - Heated (Primary): 6662
Property Features
Business Type: Mixed
Parking Features: On Site; Paved
Heating System Fuel Source: Electric
Listing Office:
Dominion Real Estate Group LLC
IDX
Last Updated: April - 24 - 2026
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