Property
Wilmington, NC 28401 508 Mcrae Street
$525,000
Pending
3 more
Presented By: RE/MAX Essential
- MLS# 100416469
- 11/28/2023
Home Details
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.
Presented By: RE/MAX Essential
Interior Features for 508 Mcrae Street
Other Interior Features
Street SuffixStreet
General for 508 Mcrae Street
CityWilmington
City LimitsYes
Co Listing Member NameKenneth T Fisher
Cobra ZoneNo
CountyNew Hanover
Days on Market152
Geo Lat34.242123
Geo Lon-77.93941
HOA and Neigh AmenitiesNo Amenities
Listing Member NameMorgan Beatty Group
Location TypeMainland
Lot Sqft5793.00
PossessionAt Closing
Property TypeB
Secondary SubdivisionN/A
Selling Member NameKenneth T Fisher
Special Assessmentsn/a
StatusPending with Showings
Stipulation of SaleNone
Sub-TypeMixed Use
SubdivisionRankin Place North
Tax Assessed Value100700.00
Tax Year2022
TermsCash, Conventional
TopographyCleared
UtilitiesMunicipal Sewer Available, Municipal Water Available
WaterviewNo
ZoningCB
current useCommercial, Residential, Retail
Exterior for 508 Mcrae Street
Acres0.54
Acres - Wooded840.00
Buildings on PropertyNone
Environmental HazardUnknown
FencingNone
Fuel TankNone
List Price/Acre972222.22
MLS Identifier20150918160742258811000000
Road Type/FrontagePublic (City/Cty/St)
Soil EvaluationSoil Evaluation - No
Total Road Frontage146
WaterfrontNo
Additional Details
Price History
Brian Inskip
North Carolina Coastal Real Estate Expert