$525,000
$595,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
2,309 SqFt
SOLD DATE : 09/02/2026
Key Details
Sold Price $525,000
Property Type Commercial
Sub Type Improved
Listing Status Sold
Purchase Type For Sale
Square Footage 2,309 sqft
Price per Sqft $227
Subdivision Not In Subdivision
MLS Listing ID 100574650
Sold Date 09/02/26
Style Wood Frame
HOA Y/N No
Year Built 1970
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 165x159x65x93x99x66
Property Sub-Type Improved
Source Hive MLS
Property Description
Rare opportunity to own a highly versatile UMX-zoned property in Wilmington's rapidly growing urban core. Ideally positioned minutes from Downtown Wilmington and the Cargo District, 1120 Dawson sits on nearly 0.40 fully fenced acres with over 250 feet of road frontage on a high-traffic corridor, offering exceptional flexibility for an owner-user, investor, entrepreneur, or redevelopment-minded buyer. Initially a mechanic shop then later a church, and currently configured as a residential-style structure, the property offers endless potential for a contractor shop, warehouse, workshop, studio, creative office, live/work concept, service-based business, or unique investment opportunity. Extensive infrastructure upgrades and improvements have already been completed, including all new electrical throughout the building with updated panels and wiring, new plumbing above and below ground, new insulation/drywall, and LED lighting throughout. The building is equipped with 2 HVACs, including a 5-ton Goodman system installed in 2023, complemented by a powerful 200,000 BTU gas heater for efficient climate control. Built with durability and functionality in mind, the structure features metal stud framing, reinforced heavy-duty beam construction, and a garage built with 1/4-inch steel. Additional highlights include cement floors downstairs, a 15x15 insulated roll-up garage door with remote and chain operation, recessed lighting on the first floor, 20-amp outlets throughout, a 100-amp exterior junction box for additional buildings or expansion potential, and natural gas service already in place. The property also includes two fully renovated bathrooms completed approximately three years ago with custom showers, a 2021 tankless water heater, updated ceiling panels, and an updated roof approximately 5-6 years old. Outside, the expansive fully fenced lot provides ample room for parking, equipment storage, outdoor workspace, additional structures, or future improvements subject to approvals. Offering a rare combination of infrastructure, flexibility, accessibility, and redevelopment potential, 1120 Dawson presents a true blank canvas in one of Wilmington's most active growth corridors. Some photos have been digitally altered by removing furnishings/items to better showcase the space/layout potential.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning UMX
Direction From Downtown Wilmington, take Market St west and turn onto Dawson St. Property is on corner of Dawson and S 12th St.
Location Details Mainland
Rooms
Basement None
Interior
Heating Electric
Cooling Central Air, Wall/Window Unit(s)
Flooring LVT/LVP, Concrete
Exterior
Parking Features Garage Faces Rear, Private, Unpaved
Utilities Available Water Available
Waterfront Description None
Roof Type Shingle
Garage No
Building
Lot Description Corner Lot, Cleared, Irregular Lot
Foundation Slab
Water Community Water
New Construction No
Others
Tax ID R05410-029-021-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Intracoastal Realty Corporation
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