Opportunity meets location with this prime bungalow lot just off Market Street in downtown Wilmington. Perfectly positioned for an investor, builder, or future homeowner, this property offers the ideal canvas to create a charming coastal bungalow in one of the area's most desirable and walkable locations. Tucked just minutes from the vibrant energy of the Historic Downtown Wilmington riverfront, you'll enjoy quick access to award-winning restaurants, boutique shopping, live music, and the scenic Cape Fear Riverwalk. Prefer the beach? Wrightsville Beach and the area's coastal waterways are only a short drive away, making this location ideal for those who want the best of city living and coastal lifestyle. Whether you're a builder looking for your next project, an investor seeking a high-demand location, or a homeowner ready to design your own downtown retreat, this lot offers the location, flexibility, and potential to bring your vision to life. Additional lots available! There is a possible encroachment of the carport from lot 26 as well as an encroachment of a covered shed from lot 26. Both will be removed prior closing, unless the buyer decides to purchase also lot 24 and/or 26 and will desire to keep it in place. Proposed extension of Independence Blvd. is in a close proximity to the property