- For Sale $1,850,000
- Property Type VacantLand
- Property Size 64,468.8 SF
- Lot Size 1.48 Acre
- Date Updated Sep 5, 2025
Located between 3rd and 4th Streets in downtown Wilmington, the Subject is a ±64,033 square foot (±1.47 acre) parcel located at the foot of the Cape Fear Memorial Bridge.
The property is situated within walking distance of the scenic Riverwalk, Greenfield Lake Park & Amphitheater, and the vibrant South Front District, home to popular dining destinations such as Benny’s Big Time, Satellite Bar & Lounge, and Block Taco. The site also benefits from proximity to the city’s dynamic employment base, including New Hanover Regional Medical Center, and numerous retail, dining, and cultural destinations in the historic downtown district.
While the site is well-suited for various retail and commercial uses, entitlement and design work has begun for a multifamily project (115 units).
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
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Walk Score ®
69/100
Somewhat Walkable
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Transit Score ®
36/100
Some Transit
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Bike Score ®
77/100
Very Bikeable
- City Wilmington, NC
- Neighborhood Downtown Wilmington
- Zip Code 28401
- Market Wilmington
Points of Interest
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Citgo
0.14 miles
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Shell
0.98 miles
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Speedway
2.12 miles
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Circle K
2.64 miles
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BP
2.65 miles
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GoGas
3.00 miles
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Valero
3.08 miles
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Tesla Supercharger
6.81 miles
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City of Wilmington 2nd Street Parking Deck
0.85 miles
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Convention Center Parking Deck
1.23 miles
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Kenan House parking lot
1.44 miles
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Lot K
3.84 miles
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Lot A
3.98 miles
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Lot B
4.00 miles
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Lot F (Visitor Parking)
4.03 miles
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Lot M
4.09 miles
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Lot C
4.10 miles
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Lot N
4.12 miles
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ARRIVE Wilmington
0.64 miles
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Hell's Kitchen
0.80 miles
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Riverview Suites Wilmington
0.87 miles
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Courtyard Wilmington Downtown/Historic District
0.96 miles
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Hampton Inn Wilmington Downtown
1.00 miles
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Hotel Ballast
1.00 miles
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Aloft
1.14 miles
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Best Western Plus Coastline Inn
1.18 miles
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Embassy Suites by Hilton Wilmington Riverfront
1.25 miles
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Holiday Inn Express & Suites Wilmington West - Medical Park
2.04 miles
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Burger King
0.12 miles
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Nikki’s Fresh Gourmet & Sushi
0.70 miles
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Dixie Grill
0.72 miles
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Fork'n Cork
0.72 miles
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Slice of Life Pizzeria and Pub
0.75 miles
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Stuffedwich Sandwich Shop
0.76 miles
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Bourbon Street
0.81 miles
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Shuckin' Shack Oyster Bar
0.85 miles
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Savorez Restaurant
0.90 miles
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The Copper Penny
0.91 miles
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Hooper School
0.32 miles
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Tileston School
0.49 miles
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Saint Marys School
0.54 miles
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Washington School
0.73 miles
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Williston Junior High School
0.79 miles
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Cape Fear Community College
1.09 miles
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Cape Fear Technical Institute
1.10 miles
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Cape Fear Community College - Wilmington Campus
1.10 miles
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Lake Forest School
1.17 miles
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New Hanover High School
1.17 miles
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Kiddie Academy of Wilmington South Campus
1.96 miles
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Bellville Elementary School
2.18 miles
Frequently Asked Questions
The space currently listed for sale at Pearl II asks for $1,850,000.
Pearl II totals 1 square feet.
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