1120 Dawson StreetWilmington, NC 28401

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, Cargo District 1120 Dawson sits on nearly 0.40 fully fenced acres on a prominent corner lot, 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.