Wilmington, NC 28403 1940 Dawson Street

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Presented By: Intracoastal Realty Corp
  • MLS# 100504432
  • 04/30/2025
  • Request Tour
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  • SQFT • 12,038

Home Details

Prime Business & Development Opportunity in Strategic Commercial Service DistrictUnlock the potential of this rare offering: 1.82 acres of commercially zoned land featuring a 12,000 square foot multi-use building that includes a combination of office space, storefront, and warehouse, all currently home to a well-established local business.Zoning & Use:Located in a Commercial Service zoning district, this property supports a wide range of intensive business uses--ideal for operations involving machinery, outdoor storage, repair services, wholesaling, building contractors, and light industrial activities. It is uniquely positioned as a transitional zone between commercial and industrial areas, opening doors for rezoning or expanded uses due to its proximity to multiple zoning districts.Key Advantages:Existing, income-generating local business with customer baseHigh visibility and accessibility, with close proximity to downtown and the portExcellent redevelopment or repositioning potential for a new commercial or light industrial ventureStrategic location suited for logistics, construction-related trades, or niche manufacturingThis property presents a turnkey business opportunity or a blank canvas for entrepreneurs and developers seeking to capitalize on the area's growth and connectivity.
Presented By: Intracoastal Realty Corp

Interior Features for 1940 Dawson Street

Other Interior Features

AtticNone
BasementNone
FlooringConcrete
List Price/SqFt248.80

General for 1940 Dawson Street

AirportLess than 5 Miles
C & I FeaturesDelivery Door, Fixtures/Furniture, Loading Dock
CityWilmington
City LimitsYes
Cobra ZoneNo
ConstructionMetal Fab
CoolingCentral
CountyNew Hanover
County Highway6 - 10 Miles
Days on Market1
Geo Lat34.225801
Geo Lon-77.920123
Green Bldg FeaturesNone
HOANo
HOA and Neigh AmenitiesNo Amenities
HeatingForced Air
InterstateLess than 5 Miles
Listing Member NameJeffrey G Hovis
LocationSee Remarks
Location TypeMainland
Lot Sqft79279.00
New ConstructionNo
Number of Units1
Port6 - 10 Miles
PossessionAt Closing
Property TypeG
RailLess than 5 Miles
RoofMetal
Sale/LeaseSale
Sale/Lease IncludesBuildings, Land, Inventory, Furniture, Fixtures, Equipment, Business
Secondary SubdivisionN/A
Special Assessmentsnon
State Highway6 - 10 Miles
StatusActive
Stipulation of SaleNone
Street NameDawson
Sub-TypeBuilding Supply, Warehouse, Wholesale, Office, Retail, Professional Service, Industrial, Mixed Use, Commercial
SubdivisionNot In Subdivision
Tax Assessed Value941300.00
Tax Year2024
TermsCash, Seller Financing, Conventional
UtilitiesMunicipal Sewer, Municipal Water
Virtual TourClick here
Water HeaterElectric
Year Built1995
ZoningCS
current useCommercial

Exterior for 1940 Dawson Street

Exterior FinishMetal Siding
FoundationSlab
Fuel TankNone
Lot Acres1.82
Lot DescriptionSee Remarks
Lot Dimensionsirregular
Lot Water FeatureNone
MLS Identifier20150918160742258811000000
Number of Parking Spaces40
Parking FeaturesOff Street, Private, Paved, Parking Lot
Road Type/Frontage2 - 3 Lanes
SqFt - Total Available12038.00

Additional Details

Price History

Andrea Arth

Price $2,995,000
MLS#100504432
List Date 04/30/2025
Property Type Commercial
Phone 910.297.4245
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