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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