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711 N 5th Avenue

Wilmington, NC 28401
  • $4,400,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 100568713
$4,400,000
  • 0
    BEDS
  • 0.94
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Other
Type:
Commercial
Built:
1969
County:
New Hanover
Area:
Wilmington

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Description

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.

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[Hive MLS] logoThe data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of 2026-05-12T23:34:18.35. 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 The Legacy Team | Intracoastal Realty 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. © 2026 Hive MLS LLC
www.nccoastalrealestate.com/homes/175650895
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711 N 5th Avenue Wilmington, NC 28401

  • Price: $4,400,000
  • Status: Active
  • On Site: 20 Days
  • MLS #: 100568713
0
Beds
0
Baths
0
½ Baths
0.94
Acres
1969
Built
Neighborhood:
Other
County:
New Hanover
Area:
Wilmington
Property Description
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.
Exterior Features

Attached Garage YN No Construction Materials BlockConcreteBrickSteel Frame Exterior Finish Brick Foundation Details Slab Parking Features PrivateParking LotAdditional ParkingUnpavedOff StreetOn SitePaved Parking Total 25 Roof Flat Structure Type Steel Frame

Interior Features

Attic Features None Basement None Building Area Total 12652.5 Cooling Central AirHeat Pump Cooling YN Yes Flooring Concrete Heating Heat PumpElectricForced Air Heating System Fuel Source Electric Heating YN Yes Water Heater Electric

Property Features

Association Amenities None Association YN No Business Type StorageMixedManufacturingUnimprovedCommercialWholesaleWarehouseIndustrial Cobra Zone YN No Commercial Industrial Features Delivery DoorDrive In DoorFire AlarmLightingOverhead DoorsSecurity FenceSkylightsStorage InsideStorage Outside Current Use OtherRetailOfficeCommercialIndustrial2Office2ShowroomOther8See Remarks59Arts Studio Distance To Airport By Road Less than 5 Miles Distance To County Highway By Road Less than 5 Miles Distance To Interstate By Road Less than 5 Miles Distance To Port By Road Less than 5 Miles Distance To Rail By Road 6 - 10 Miles Distance To State Highway By Road Less than 5 Miles Electric Provider Duke Progress Energy Federal Flood Insurance Available YN No In City Limits YN Yes Island Or Mainland Mainland Listing Terms 1031 ExchangeCashConventional Location Cent Business District Lot Features Open LotLevelSee RemarksCleared2Undeveloped2 Lot Number See Exhibit A New Construction YN No Property Sub Type Improved Road Frontage Type City StreetState Road2 - 3 LanesAsphalt2Interstate in 5 MilesMaintained Sale Or Lease Indicator Sale Secondary Subdivision N/A Sewer Provider Municipal SewerCape Fear Public Utility Authority Special Listing Conditions Standard Tax Amount 15943.36 Tax Year 2025 Total City Real Estate Property Tax 8302.53 Trash Provider GFL Environmental Utilities Electricity ConnectedSewer Connected2Water Connected3 Water Provider Cape Fear Public Utility Authority Water Source Public Waterfront Features None Zoning CBD

Listing information © 2026 Hive MLS
Listing courtesy of Sarah De Vries of Intracoastal Realty Corporation: 910-256-4503.


[Hive MLS] logoThe data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of 2026-05-12T23:34:18.35. 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 The Legacy Team | Intracoastal Realty 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. © 2026 Hive MLS LLC
 
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