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$174,900
Est. payment /mo
4,443 Sqft Lot
UPDATED:
10/01/2024 03:09 PM
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100451081
Originating Board North Carolina Regional MLS
Annual Tax Amount $459
Lot Size 4,443 Sqft
Acres 0.1
Lot Dimensions 41 x 110
Property Description
Nestled within the UMX zone, this lot boasts a strategic location, just a brief stroll from the thriving Cargo District and the upcoming Midcastle mixed-use project. Envisioned to introduce 98 apartments and over 4,200 square feet of commercial space to the burgeoning corridor, Midcastle adds substantial value to the area. Additionally, the property is conveniently situated near the quaint Castle Street Antique District and offers easy access to city water and sewer connections, as well as alley access. With the versatile UMX zoning, the development possibilities are extensive, spanning from multi-family residences to breweries, artisanal food and beverage production facilities, homestay lodgings, whole-house accommodations, and group homes. Moreover, numerous other potential uses can be explored with the acquisition of a Special Use Permit, ensuring ample flexibility for future ventures.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning UMX
Direction Castle Street between 13th and 14th Street on the South side.
Building
New Construction No
Others
Tax ID R05410-009-019-000
Special Listing Condition None
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Listed by Corcoran HM Properties