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For sale
  • Price cut: $80K (7/12)
    $595,000

    1120 Dawson Street, Wilmington, NC 28401

    2beds
    2,309sqft
    : 
    $3,429/mo
    Get pre-qualified
    Single Family Residence
    Built in 1970
    0.39 Acres Lot
    $-- Zestimate®
    $258/sqft
    $-- HOA

    What's special

    Led lighting throughoutMetal stud framingUpdated ceiling panelsReinforced heavy-duty beam constructionCement floors downstairsFully fenced acres
    Rare opportunity to own a highly versatile UMX-zoned property in Wilmington's rapidly growing urban core. Ideally positioned minutes from Downtown Wilmington and the Cargo District, 1120 Dawson sits on nearly 0.40 fully fenced acres with over 250 feet of road frontage on a high-traffic corridor, offering exceptional flexibility for an owner-user, investor, entrepreneur, or redevelopment-minded buyer. Initially a mechanic shop then later a church, and currently configured as a residential-style structure, the property offers endless potential for a contractor shop, warehouse, workshop, studio, creative office, live/work concept, service-based business, or unique investment opportunity. Extensive infrastructure upgrades and improvements have already been completed, including all new electrical throughout the building with updated panels and wiring, new plumbing above and below ground, new insulation/drywall, and LED lighting throughout. The building is equipped with 2 HVACs, including a 5-ton Goodman system installed in 2023, complemented by a powerful 200,000 BTU gas heater for efficient climate control. Built with durability and functionality in mind, the structure features metal stud framing, reinforced heavy-duty beam construction, and a garage built with 1/4-inch steel. Additional highlights include cement floors downstairs, a 15x15 insulated roll-up garage door with remote and chain operation, recessed lighting on the first floor, 20-amp outlets throughout, a 100-amp exterior junction box for additional buildings or expansion potential, and natural gas service already in place. The property also includes two fully renovated bathrooms completed approximately three years ago with custom showers, a 2021 tankless water heater, updated ceiling panels, and an updated roof approximately 5-6 years old. Outside, the expansive fully fenced lot provides ample room for parking, equipment storage, outdoor workspace, additional structures, or future improvements subject to approvals. Offering a rare combination of infrastructure, flexibility, accessibility, and redevelopment potential, 1120 Dawson presents a true blank canvas in one of Wilmington's most active growth corridors. Some photos have been digitally altered by removing furnishings/items to better showcase the space/layout potential.
    74 days
    |
    233
    |
    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    David Link 910-398-4664,

    1st Class Real Estate Coastal Choice

    Source: Hive MLS,MLS#: 100575136MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Other, Bedroom 1, Bedroom 2
      Bedroom 1
      • Level: First
      • Dimensions: 17 x 11
      Bedroom 2
      • Level: First
      • Dimensions: 17 x 22
      Other
      • Level: First
      • Dimensions: 43 x 27
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air, Wall/Window Unit(s)
      Appliances
      • Laundry: Dryer Hookup, Washer Hookup
      Features
      • Walk-in Shower
      • Flooring: LVT/LVP, Concrete
      • Basement: None
      • Attic: None
      Interior area
      • Total structure area: 2,309
      • Total interior livable area: 2,309 sqft

      Property

      Parking
      • Parking features: Garage Faces Rear, Unpaved, Off Street
      Features
      • Levels: One and One Half
      • Patio & porch: None
      • Fencing: Full,Back Yard,Wood,Fenced,Front Yard
      • Has view: Yes
      • View description: See Remarks
      • Waterfront features: None
      • Frontage type: See Remarks
      Lot
      • Size: 0.39 Acres
      • Dimensions: 165 x 159 x 65 x 93 x 99 x 66
      • Features: Front Yard, Corner Lot, Irregular Lot
      Details
      • Parcel number: R05410029021000
      • Zoning: UMX
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer, Wood Frame
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Water: Public
      • Utilities for property: Natural Gas Available, Sewer Connected, Water Available

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $258/sqft
      • Tax assessed value: $294,900
      • Annual tax amount: $1,735
      • Date on market: 5/19/2026
      • Cumulative days on market: 74 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Commercial,Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,213/mo

        Price history

        DateEventPrice
        7/12/2026Price change$595,000-11.9%$258/sqft
        Source: Hive MLS #100575136 Report a problem
        6/7/2026Price change$675,000-10%$292/sqft
        Source: Hive MLS #100575136 Report a problem
        5/19/2026Listed for sale$750,000-3.2%$325/sqft
        Source: Hive MLS #100575136 Report a problem
        4/16/2026Listing removed$775,000$336/sqft
        Source: Hive MLS #100547369 Report a problem
        3/17/2026Price change$775,000-8.8%$336/sqft
        Source: Hive MLS #100547369 Report a problem
        2/9/2026Price change$850,000-19%$368/sqft
        Source: Hive MLS #100547369 Report a problem
        1/4/2026Listed for sale$1,050,000+556.3%$455/sqft
        Source: Hive MLS #100547369 Report a problem
        1/19/2021Sold$160,000$69/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,735 +16.4%$294,900 +72.1%
        2024$1,491 $171,400 -0.1%
        2023-- $171,500
        2022-- $171,500
        2021-- $171,500 -0.1%
        2020-- $171,600
        2019-- $171,600
        2018-- $171,600
        2017-- $171,600 -4.9%
        2016-- $180,500
        2015-- $180,500
        2014-- $180,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Dry Pond/Lake Forest

        Getting around

        68 / 100
        Somewhat Walkable
        34 / 100
        Some Transit
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Snipes
        • Middle: Williston
        • High: New Hanover

        Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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