NC > Wilmington > Historic District
Wilmington, NC 28401,708 Market ST
Wilmington, NC 28401,708 Market ST
Wilmington, NC 28401,708 Market ST
Wilmington, NC 28401,708 Market ST
Wilmington, NC 28401,708 Market ST
Wilmington, NC 28401,708 Market ST
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Kevin Lee & Jason Harrell

Kevin Lee & Jason Harrell

$ 1,100,000
Est. payment | /mo

5,467 SqFt

Save Virtual Tour
$ 1,100,000
Est. payment | /mo
Save Virtual Tour

5,467 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,467 sqft

Price per Sqft $201

Subdivision Historic District

MLS Listing ID 100472146

HOA Y/N No

Originating Board North Carolina Regional MLS

Year Built 1948

Annual Tax Amount $4,490

Lot Size 0.419 Acres

Acres 0.42

Lot Dimensions Irregular

Property Description

An incredible opportunity awaits. Located in Wilmington's Historic District is a unique 5467 square foot historic mansion This Queen Anne-style historic mansion was built by E. William Gilchrist in 1894. It is rare to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.4 acre and fronts Market Street as well as 7th Street. It is within walking distance to downtown and very close to the new Coca-Cola Soda Pop district.

There are many directions one can take this property. One is to follow through with the seller's plan to subdivide the mansion into 4 upscale residences (The Gilchrist Mansion and Carriage House) One could also renovate the 6 bedrooms, 5 bath mansion as a luxurious palatial estate for your own use. Due to the land size and access, there is room for other development plans too.

The current owners have gone to great lengths in the restoration of this property. The site has been cleared, all approvals, architectural and engineering plans are in place and ready for this majestic conversion. All the architectural drawings and engineering plans and more are included with this opportunity.

The exterior of the mansion has been extensively cared for, the metal roof is newer, the interior has been stripped down to its bones, and its bones are in excellent shape. The house features 12-foot ceilings, a grand staircase, a basement, 8 fireplaces and so much more!

A property of this nature is a rare find. If you are looking for the chance for a spectacular residence, or investment opportunities, this property is all that and more.

Location

State NC

County New Hanover

Community Historic District

Zoning HD

Direction From downtown take Market Street East. House is in the 700 block of Market Street.

Rooms

Basement Dirt

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Tile, Wood, See Remarks

Exterior

Garage Off Street

Waterfront Description None

Roof Type Metal

Building

Sewer Municipal Sewer

Water Municipal Water

New Construction No

Others

Tax ID R04817-039-004-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Hive MLS / (NCRMLS)
Listed by Intracoastal Realty Corp

GET MORE INFORMATION

Kevin Lee & Jason Harrell

Broker-Owner | Lic# 186173

3208 Charles Blvd, Greenville, NC, 27858

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708 Market ST