Redevelopment/Investment Opportunity in Wilmington, NC

Description:

Sun Coast Partners is pleased to present a truly unique opportunity to acquire 6.11 ± acres across four contiguous parcels in the heart of Wilmington, NC. This assemblage offers a mix of existing income-producing properties and prime redevelopment potential in one of the city’s most sought-after corridors. The property boasts multiple access points from S. 17th Street, Dawson Street, and Oleander Drive, enhancing visibility and connectivity. Its strategic location places it in close proximity to Novant Health New Hanover Regional Medical Center and Downtown Wilmington, surrounded by strong residential, medical, and retail demand drivers. This offering represents one of the few chances to control a significant land assemblage with existing improvements and stable tenancy, while unlocking future redevelopment potential in the heart of Wilmington.

Properties included in the sale:

-1003 S 17th St. -Former Federal Courthouse consisting of approximately 53,000 SF on 4.34 +/- acres. Two warehouse Tenant's in place.

- 1734 Dawson St. - 0.88 +/- acres of vacant land

-1818A & 1900 Oleander Dr. - 8,600 +/- SF Currently leased to a pawn shop, 0.64 +/- acres

-1818-B Oleander Dr. - 1,800 +/- SF leased by a tattoo shop

-1902 Oleander Dr. - 3,160 +/- SF leased by a grill company, 0.30 +/- acres

Contact Brokers with questions or to arrange a property tour.

DO NOT DISTURB CURRENT TENANTS.

Situated in the heart of Midtown Wilmington, 1003 S 17th Street offers a prime and highly visible location within one of the city’s most active professional corridors. The property is strategically positioned just minutes from downtown Wilmington and major thoroughfares such as Oleander Drive and Dawson Street, ensuring excellent accessibility for both local and regional traffic.

This site is less than half a mile from Novant Health New Hanover Regional Medical Center, placing it in a thriving hub for healthcare, professional services, and business activity. The surrounding area is populated with established medical offices, clinics, and service-oriented businesses, making it an ideal setting for medical, office, or specialty retail use.

Nearby amenities include a variety of restaurants, retail centers, and residential neighborhoods, providing convenience and appeal for employees, clients, and visitors. The property also benefits from ample parking, multiple ingress and egress points via 17th Street and Dawson Street, and access to public transportation, enhancing its overall accessibility and functionality.

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