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708 Market Street

Wilmington, NC 28401
  • $890,000
  • STATUS: Active Under Contract
  • ON SITE: 478 Days
  • MLS #: 100472146
Under Contract
UPDATED: 57 min ago
$890,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,467
    SQFT
  • $163
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1948
County:
Area:

School Ratings & Info

Description

An incredible opportunity awaits. Located in Wilmington's Historic District is a unique 5467 square foot historic mansion This Queen Anne-style historic mansion was built by E. William Gilchrist in 1894. It is rare to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.4 acre and fronts Market Street as well as 7th Street. It is within walking distance to downtown and very close to the new Coca-Cola Soda Pop district. There are many directions one can take this property. One is to follow through with the seller's plan to subdivide the mansion into 4 upscale residences (The Gilchrist Mansion and Carriage House) One could also renovate the 6 bedrooms, 5 bath mansion as a luxurious palatial estate for your own use. Due to the land size and access, there is room for other development plans too. The current owners have gone to great lengths in the restoration of this property. The site has been cleared, all approvals, architectural and engineering plans are in place and ready for this majestic conversion. All the architectural drawings and engineering plans and more are included with this opportunity. The exterior of the mansion has been extensively cared for, the metal roof is newer, the interior has been stripped down to its bones, and its bones are in excellent shape. The house features 12-foot ceilings, a grand staircase, a basement, 8 fireplaces and so much more! A property of this nature is a rare find. If you are looking for the chance for a spectacular residence, or investment opportunities, this property is all that and more.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of 2026-02-12T13:35:32.413. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor [name of IDX Participant’s firm] shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS LLC
www.bhhsprimepropertiesgreenvillenc.com/homes/157001968
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708 Market Street Wilmington, NC 28401

  • Price: $890,000
  • Status: Active Under Contract
  • On Site: 478 Days
  • Updated: 57 min ago
  • MLS #: 100472146
0
Beds
0
Baths
0
½ Baths
0.42
Acres
5,467
SQFT
$163
$/SQFT
1948
Built
Neighborhood:
Dawson-Castle Street
County:
New Hanover
Area:
Wilmington
Property Description
An incredible opportunity awaits. Located in Wilmington's Historic District is a unique 5467 square foot historic mansion This Queen Anne-style historic mansion was built by E. William Gilchrist in 1894. It is rare to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.4 acre and fronts Market Street as well as 7th Street. It is within walking distance to downtown and very close to the new Coca-Cola Soda Pop district. There are many directions one can take this property. One is to follow through with the seller's plan to subdivide the mansion into 4 upscale residences (The Gilchrist Mansion and Carriage House) One could also renovate the 6 bedrooms, 5 bath mansion as a luxurious palatial estate for your own use. Due to the land size and access, there is room for other development plans too. The current owners have gone to great lengths in the restoration of this property. The site has been cleared, all approvals, architectural and engineering plans are in place and ready for this majestic conversion. All the architectural drawings and engineering plans and more are included with this opportunity. The exterior of the mansion has been extensively cared for, the metal roof is newer, the interior has been stripped down to its bones, and its bones are in excellent shape. The house features 12-foot ceilings, a grand staircase, a basement, 8 fireplaces and so much more! A property of this nature is a rare find. If you are looking for the chance for a spectacular residence, or investment opportunities, this property is all that and more.
Exterior Features

Attached Garage YN No Construction Materials Wood Siding Exterior Finish Wood Siding Parking Features Off Street Roof Metal

Interior Features

Attic Features Access Only Basement Dirt Floor Building Area Total 5467 Cooling Central Air Cooling YN Yes Flooring TileWoodSee Remarks Heating Forced AirNatural Gas Heating System Fuel Source Natural Gas Heating YN Yes Water Heater Electric

Property Features

Association YN No Business Type Mixed Cobra Zone YN No Commercial Industrial Features None Current Use Vacant Distance To Airport By Road Less than 5 Miles Distance To County Highway By Road 6 - 10 Miles Distance To Interstate By Road 6 - 10 Miles Distance To Port By Road 6 - 10 Miles Distance To Rail By Road 6 - 10 Miles Distance To State Highway By Road 6 - 10 Miles Electric Provider Duke Progress Energy Federal Flood Insurance Available YN Yes In City Limits YN Yes Island Or Mainland Mainland Listing Terms CashConventional Location Historic District Lot Features See Remarks Natural Gas Provider Piedmont Natural Gas Co. New Construction YN No Property Sub Type Multi Family Road Frontage Type City StreetState Road2 - 3 LanesPaved Road Surface Type Paved Sale Or Lease Indicator Sale Sewer Provider Municipal SewerCape Fear Public Utility Authority Special Listing Conditions Standard Tax Amount 4490.07 Tax Year 2024 Utilities Water Available Water Provider Cape Fear Public Utility Authority Water Source Public Waterfront Features None Zoning HD

Listing information © 2026 Hive MLS
Listing courtesy of Jeffrey Hovis of Intracoastal Realty Corp: 910-256-4503.


The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of 2026-02-12T13:35:32.413. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor [name of IDX Participant’s firm] shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS LLC
 
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