Nestled within the UMX zone, this lot boasts a strategic location, just a brief stroll from the thriving Cargo District and the upcoming Midcastle mixed-use project. Envisioned to introduce 98 apartments and over 4,200 square feet of commercial space to the burgeoning corridor, Midcastle adds substantial value to the area. Additionally, the property is conveniently situated near the quaint Castle Street Antique District and offers easy access to city water and sewer connections, as well as alley access. With the versatile UMX zoning, the development possibilities are extensive, spanning from multi-family residences to breweries, artisanal food and beverage production facilities, homestay lodgings, whole-house accommodations, and group homes. Moreover, numerous other potential uses can be explored with the acquisition of a Special Use Permit, ensuring ample flexibility for future ventures.
Listing Details
Price
$174,900
Property Type
Lots and Land
Listing #
100391599
Status
Active
County
New Hanover
Listing Type
For Sale
Exterior Features
Lot Size
0.10 acres
Courtesy of Scott H Ashcraft, Corcoran HM Properties910-619-4845
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This content last updated on 9/12/2024 6:51 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Housing Occupancy
Rural vs. Urban
Market occupancy and urban/rural information from Home Junction Inc.