708 Market Street, Wilmington, NC 28401

$1,100,000 Asking Price

6 beds
5 baths
6,950  sqft
Built in 1894

THE GILCHRIST MANSION AND CARRIAGE HOUSE Many buildings are built, but very few are createdIt is a rare opportunity to buy a 6,950 sq ft historical mansion that allows a person to create something truly magnificent and magical. This Queen Anne-style historical mansion was built by E. William Gilchrist in 1894. There are two options to consider when purchasing 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) or, Two - renovate the 6 bedroom, 5 bath mansion as a luxurious palatial estate for your own use. It has taken 2 years to get The Gilchrist project to this point. The site has been cleared, and architectural and engineering plans are in place and ready for this majestic conversion. The purchase price includes all architectural and engineering plans and more. Please visit online at TheGilchrist to get a detailed overview of this unique project. It is very unlikely to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.42 acre and fronts Market Street as well as 7th Street and is within walking distance to the heart of downtown and very close to the new Coca-Cola Soda Pop district. The exterior of the mansion is in great shape, 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! I can assure you that once you visit this property, the experience will be one of wonder and wonderful!


Features & Amenities

Interior

General:
1st Floor Master,9Ft+ Ceilings,Basement,Foyer,Security System
Flooring:
See Remarks
A/C:
See Remarks
Heating:
Other-See Remarks, See Remarks
Disability Feature:
None

Exterior

General:
None

Construction

Roofing:
Metal

Location

County:
New Hanover

Lot

Zoning:
HD, Pt Lts 1/2/3 Blk 158 Wilm, R04817-039-004-000

This listing courtesy of:
Sky's the Limit Realty

About Wilmington, NC

Housing

Number of Units
106,487
Median Home Value
$297,369
Median Rent
$942

40.10% of housing units are renter occupied.

10.15% are vacant.

Commute

Car
64.28%
Public Transportation
0.34%
Walk to Work
1.40%
Work from Home
33.44%
Other
0.18%

The median travel time to work is 14 minutes.

People

Population
218,382
Median Age
40.40
Median Household Size
2.50

Education

High School
19.57%
Associate’s Degree
9.69%
Bachelor’s Degree
28.58%
Graduate Degree
15.26%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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