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.

Features
: Heat Pump, Forced Air, Electric
: Heat Pump, Central Air
: None
: Private, Off Street, Paved, Unpaved, On Site, Parking Lot, Additional Parking
: Concrete
: Electricity Connected, Water Connected3, Sewer Connected2
: None
Address Map
US
NC
New Hanover
Wilmington
28401
5th
711
Avenue
W78° 3' 19.1''
N34° 14' 37.8''
Take Martin Luther King Pkwy. and continue on to Third St. Turn left onto Brunswick St. then turn right onto Fifth Ave. ACME Art is on the right.
N
CBD
MLS Addon
Intracoastal Realty Corporation
Sarah W De Vries
Yes
Yes
$0
Additional Information
None
12652.5
Storage,Mixed,Manufacturing,Unimproved,Commercial,Wholesale,Warehouse,Industrial
: Block, Brick, Concrete, Steel Frame
: Office, Retail, Commercial, Other, Other8, Office2, See Remarks59, Showroom, Industrial2, Arts Studio
: Slab
: Level, Open Lot, See Remarks, Cleared2, Undeveloped2
See Exhibit A- Property Description
2
2026-04-22
: Public
Listing Information
Jeffrey G Hovis
579507772
579500121
Intracoastal Realty Corporation
579503176
579500121
1031 Exchange,Cash,Conventional
Active
2026-05-08T21:33:10Z
HiveMLS
: Standard
2026-04-22T14:30:45Z

711 5th

711 N 5th Avenue, Wilmington, North Carolina 28401

0.94 Acre
$4,400,000
Listing ID #100568713
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
MLS ID : 1036a4672995e3a14c55ef83bf3ecfd2
Listing ID : 100568713
Price : $4,400,000
Lot Area : 0.94 Acre
Year Built : 1969
Status : Active
Property Sub Type : Improved
Roof : Flat
Contact Agent