$530,000
$525,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
508 Mcrae ST Wilmington, NC 28401
5,793 Sqft Lot
Key Details
Sold Price $530,000
Property Type Other Types
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Rankin Place North
MLS Listing ID 100416469
Sold Date 12/20/24
HOA Y/N Yes
Lot Size 5,793 Sqft
Acres 0.54
Property Sub-Type Mixed Use
Source Hive MLS
Property Description
Northside Downtown Wilmington development site; currently consisting of 4 parcels, 508, 510, 512, and 516 McRae Street. This is one of the largest contiguous assemblages of property in the area and the only commercially zoned cluster within blocks. See attached zoning map. Property is surrounded by abundant residential rooftops and across the street from Hemenway Center Park. Develop individual lots or recombine parcels to suit your use needs. Community Business zoning allows for wide range of potential use including full commercial or mixed use. Inquire for more details. Purchase this property and be a key participant in the continuous revitalization of the one and only Downtown Wilmington.
Location
State NC
County New Hanover
Community Rankin Place North
Zoning CB
Direction Market St towards downtown to Right on 17th to cure Left to Rankin St to Right on McRae
Rooms
Other Rooms None
Exterior
Utilities Available Sewer Available, Water Available
Amenities Available None
Building
Water Public
Schools
Elementary Schools Snipes
Middle Schools Williston
High Schools New Hanover
Others
Tax ID R04813-023-006-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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