Location
Agent Comments
Welcome to 1202 The Lofts, a beautifully reimagined 1931 mixed-use building in downtown Wilmington's emerging Soda Pop District. This full-scale renovation blends historic character with modern luxury, preserving original exposed brick, 12-foot ceilings, and oversized doors while introducing energy-efficient systems and high-end finishes, including spa-style porcelain-tile showers and premium fixtures. The property features two boutique one-bedroom apartments, two commercial office suites, and a separate studio apartment, offering a unique combination of residential and professional spaces. The street-facing office provides a large glass entrance and strong visibility, while the rear suite offers a quieter setting. The studio adds flexibility for short-term rental use.
A distinctive opportunity for professionals, small businesses, or investors seeking historic charm, modern finishes, and a prime downtown location in one of Wilmington's most exciting revitalizing districts.
Amenities
- Electric Oven
- Built-In Microwave
- Refrigerator
- Dishwasher
Additional Features
- County: New Hanover
- Days on Market: 13
- Pool: No
- Property Sub Type: Quadruplex
- Tax Number: R04818-014-001-000
- Water/Sewer: Sewer Connected, Water Connected
- Year Built: 1931
- Property Type: Rental Income
- Tax Year: 2025
- Tax Amount: $2,417.56
Financial
- Short Sale: Standard
Interior Features
- Cool System: Multi Units
- Floors: LVT/LVP, Concrete
- Heat System: Electric, Zoned
- Interior: High Ceilings, Wash/Dry Connect, Walk-in Shower
- Levels: Two
- Heating Fuel: Electric
- Laundry: Laundry Closet
- Water Heater: Electric
- Basement Description: None
Exterior Features
- Fuel Tanks: None
- Parking: On Street
- Roof: Shake,Shingle
- Siding: Brick, Fiber Cement
- Is New Construction: No
- Construction: Brick,Fiber Cement
- Foundation: Slab
- Water Source: Public
- Septic or Sewer: Municipal Sewer,City/Town
- Water Provider: City/Town
- Utilities: Sewer Connected,Water Connected
- Garage Spaces: 0
- Parking Spaces: 0
- Fencing: None
- Exterior: Brick,Fiber Cement
- Patio/Deck Description: None
- Zoning: UMX
- Building Total Area (Sq.Ft): 3215
- Road Description: Paved
- Road Improvements: See Remarks
- View Description: See Remarks
Location
- Directions: Market St West towards town. Right on 12th Street to corner of 12th and Chestnut St. Property at corner.
- Street Number: 1202
- County: New Hanover
- Latitude: 34.238576
- Longitude: -77.934227
- Subdivision: Castle Dock
- Marketing City: Wilmington
Listed by: The Rising Tide Team from Intracoastal Realty Corporation.