Pearl II

S 3rd St & S Fourth St, Wilmington, NC 28401

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Property Information

  • For Sale $1,850,000
  • Property Type VacantLand
  • Property Size 64,468.8 SF
  • Lot Size 1.48 Acre
  • Date Updated Apr 27, 2026

Description

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).

Contacts

Julia Eckel

CapeFear Commercial

Paul Loukas

CapeFear Commercial

Location

Located at S 3rd St & S Fourth St, Wilmington, NC 28401, this property is part of the Downtown Wilmington neighborhood and Wilmington market.

  • 69/100 Somewhat Walkable
  • 36/100 Some Transit
  • 77/100 Very Bikeable
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