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Additional Information
- Kind
- Improved
- Parking
- Private
- Parking Lot
- Additional Parking
- Unpaved
- Off Street
- On Site
- Paved
- Lot Description
- Open Lot
- Level
- See Remarks
- Cleared2
- Undeveloped2
Market Trends for
Wilmington
- Last Updated: 11/21/24
- Market Snapshot
- Total Properties listed: 1
- Average list Price: $425,000.00
- Median list Price: $0.00
- Typical Property
- Commercial
- 0 Square Feet
- $0 / Sq. Ft.
$4,400,000.00 711 N 5th Avenue
- MLS#:100568713
- Address: 711 N 5th Avenue
- City / Zip:Wilmington, NC 28401
- Area:Wilmington
- County:New Hanover
- Neighborhood:Other
- Sq Ft:12,653
- Acres:0.94
- Year Built:1969
- Zoning:CBD
- Time On Market:04/22/2026
- Property Type: commercial
Street View
Property Amenities
-
Flooring
- Concrete
-
Cooling / Heating
- true
-
Roof
- Flat
-
Lot Description
- Open Lot
- Level
- See Remarks
- Cleared2
- Undeveloped2
This listing is Provided by the Brunswick County MLS and Intracoastal Realty Corporation.
Information Deemed Reliable But Not Guaranteed
Copyright © 2026 Brunswick County MLS - All Rights Reserved
Agent's Comments
Rare multi-parcel offering in Wilmington's Brooklyn Arts District. This 0.94 acre with 12,650 sq.ft.+ Industrial Warehouse assemblage at 711 N 5th Ave. and N. 4th St. includes five contiguous parcels currently operating as ACME Art Studios, a well-known creative hub. Positioned in the Central Business District, the property is ideally suited for infill redevelopment consistent with the City's vision for higher-density, walkable mixed-use environments. Surrounded by ongoing revitalization, local businesses, and cultural venues, this site offers strong potential for residential, live/work, or mixed-use development in one of downtown's fastest-growing districts.