508 Mcrae ST

Wilmington,NC 28401

$ 525000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Rankin Place North

MLS Listing ID 100416469

HOA Y/N Yes

Originating Board North Carolina Regional MLS

Annual Tax Amount $855

Lot Size 5,793 Sqft

Acres 0.54

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

Location Details Mainland

Rooms

Other Rooms None

Exterior

Utilities Available Municipal Sewer Available,Municipal Water Available

Waterfront No

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 None

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