Wilmington, NC 28401 708 Market Street

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Presented By: Intracoastal Realty Corp
  • MLS# 100472146
  • 10/21/2024
  • Request Tour
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  • SQFT • 5,467

Home Details

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.
Presented By: Intracoastal Realty Corp

Interior Features for 708 Market Street

Other Interior Features

AtticAccess Only
BasementDirt
FlooringSee Remarks, Tile, Wood
List Price/SqFt181.09

General for 708 Market Street

AirportLess than 5 Miles
C & I FeaturesNone
CityWilmington
City LimitsYes
Co Listing Member NameSky Grainger
Cobra ZoneNo
CoolingCentral
CountyNew Hanover
County Highway6 - 10 Miles
Days on Market94
Geo Lat34.235595
Geo Lon-77.940234
Green Bldg FeaturesNone
HOANo
HeatingForced Air
Interstate6 - 10 Miles
Listing Member NameJeffrey G Hovis
LocationHistoric District
Location TypeMainland
Lot Sqft18252.00
New ConstructionNo
Port6 - 10 Miles
PossessionAt Closing
Property TypeG
Rail6 - 10 Miles
RoofMetal
Sale/LeaseSale
Sale/Lease IncludesBuildings, See Remarks
Special Assessmentsnone
State Highway6 - 10 Miles
StatusActive
Stipulation of SaleNone
Street NameMarket
Sub-TypeMixed Use
SubdivisionDawson-Castle Street
Tax Assessed Value516100.00
Tax Year2024
TermsCash, Conventional
UtilitiesMunicipal Sewer, Municipal Water
Virtual TourClick here
Water HeaterElectric
Year Built1948
ZoningHD
current useVacant

Exterior for 708 Market Street

Exterior FinishWood Siding
Fuel TankNone
Lot Acres0.42
Lot DescriptionSee Remarks
Lot DimensionsIrregular
Lot Water FeatureNone
MLS Identifier20150918160742258811000000
Parking FeaturesOff Street
Road Type/Frontage2 - 3 Lanes, Paved, Public (City/Cty/St)
SqFt - Total Available5467.00

Additional Details

Price History

Gavin Desarno

Price $990,000
MLS#100472146
List Date 10/21/2024
Property Type Commercial
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