817 N 4th Street

Description

Unique opportunity to acquire ±0.81 acres of CBD-zoned development land in the heart of the Brooklyn Arts District, downtown Wilmington's rapidly transforming North 4th Street corridor. Located at 817 N. 4th Street adjacent to the City Block Apartments community, this parcel offers one of few remaining privately owned sizable development parcels in the Central Business District. CBD zoning provides maximum flexibility, supporting multifamily, mixed-use, hospitality, office, and retail development with generous height allowances and minimal setback requirements. The site sits within Wilmington's only designated social district, a major draw for restaurants, breweries, and entertainment concepts, and is within walking distance of the Brooklyn Arts Center, the Riverwalk, Live Oak Bank Pavilion, and downtown's employment and dining core. With strong population growth and a high-barrier-to-entry urban infill market, this is an ideal opportunity for developers seeking a prime downtown location. Due diligence materials available upon request.