Active

1221 Castle Street

Wilmington, NC 28401
Mark as Favorite
Acres0.15

Acre(Lot)

Prime mixed-use development opportunity in Wilmington's rapidly revitalizing Castle Street corridor. This approved development site offers plans for a thoughtfully designed three-story mixed-use building featuring approximately 2,580 square feet of ground-floor commercial space and 18 residential units above. The residential component includes a mix of studio, one-bedroom, and two-bedroom units, with the potential for rooftop amenity space. Designed to meet current city street-front standards, the concept features prominent frontage along both Castle Street and 13th Street, generous storefront glazing, separate commercial and residential entrances, and a pedestrian-oriented design that complements the character of the surrounding neighborhood. Ideally located near Downtown Wilmington, the property presents a rare urban infill opportunity within an area experiencing continued investment and growth. The approved commercial space offers flexibility for neighborhood retail, boutique office, professional services, or other compatible uses, while the residential units are positioned to appeal to renters or future condominium buyers seeking a walkable, downtown-adjacent lifestyle. Located within a designated Federal Opportunity Zone, the property may also offer potential tax advantages for eligible investors. Portside represents a unique opportunity to acquire an approved, development-ready mixed-use project in one of Wilmington's emerging urban corridors.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $740,000

AD Id : 89459056

MLS Id : 100595490

Lot Size : 0.15 Acre(Lot)

County : New Hanover

Subdivision: Metes And Bounds

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Lot Information

    Main Square Feet: 0.15 Acres Lot Size Acres: 0.15 Lot Size Square Feet: 6534

    Property Information

    Subdivision: Not In Subdivision Source Property Type: Land Property SubType: Mixed Use

  • Listing Price Information

    Listing Price: $740000

  • Tax Information

    Parcel Number: R05406-023-000 Tax Year: 2026

  • Utility Information

    Sewer Available, Water Available, Electricity Available
  • Location Information

    Direction: Market Street to left on 16th Street, To right on Castle Street
Sell a home like this and save $43,901 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2248 Yaupon Drive, Wilmington, NC, 28401 $315,000 -- -- -- 0.50 Acre(Lot)
1217 S 15th Street, Wilmington, NC, 28401 $95,000 -- -- -- 0.11 Acre(Lot)
1401 Creekfront Drive, Wilmington, NC, 28401 $120,000 -- -- -- 0.10 Acre(Lot)
164 Horne Place Drive, Wilmington, NC, 28401 $72,830 -- -- -- 0.52 Acre(Lot)
1223 S 8th Street, Wilmington, NC, 28401 $130,000 -- -- -- 0.11 Acre(Lot)
1221 S 8th Street, Wilmington, NC, 28401 $130,000 -- -- -- 0.10 Acre(Lot)
2425 Adams Street, Wilmington, NC, 28401 $215,000 -- -- -- 0.30 Acre(Lot)
610 S 9th Street, Wilmington, NC, 28401 $99,000 -- -- -- 0.04 Acre(Lot)
518 N 11th Street, Wilmington, NC, 28401 $79,900 -- -- -- 0.08 Acre(Lot)
1007 Post Street, Wilmington, NC, 28401 $99,000 -- -- -- 0.12 Acre(Lot)

The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright ©2026 Hive MLS LLC. All Rights Reserved.

ByOwner last updated this listing 08/15/2026 @ 07:49

MLS: 100595490 LISTED BY: Jennifer Bullock Team, RE/MAX Executive SOURCE: Hive MLS (North Carolina Regional)

Homes around $740,000

Selling? Save $43,901 when you sell a home like this

Tour with a ByOwner Agent