104 Carolina Ave - Office FOR SALE


Leland, NC 28451
$550,000 USD
910-350-1200
104 Carolina Ave, Leland, NC for Sale
$550,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

104 Carolina Ave
Leland, NC 28451


HIGHLIGHTS

  • Located in the fast-growing town of Leland, NC, part of the Wilmington MSA.
  • Just 6 miles (approx. 10 minutes) to Downtown Wilmington’s Central Business District (CBD).
  • Only 16 miles (approx. 25 minutes) to Wrightsville Beach, offering easy access to coastal amenities.
  • Leland has experienced over 30% population growth in the past decade, making it one of the fastest-growing towns in North Carolina.
  • Population has grown from 13,500 in 2010 to over 25,000 in 2024, with continued growth projected.
  • Demographics include a median household income of ~$75,000, with a strong base of professionals, families, and retirees.

OVERVIEW

Existing Building with Laydown Yard – Ideal for Small Office or Future Redevelopment The existing 1,587 SF structure at 104 Carolina Ave offers immediate functionality as a small office with a laydown area, ideal for contractors, service providers, or small businesses in need of workspace and outdoor storage. Situated on a generous 1.4-acre parcel zoned T40 (Urban Mixed Use), the property is well-suited for current operations and presents a compelling redevelopment opportunity for commercial or mixed-use projects. Property Notes: Zoned T40 Urban Mixed Use: Allows a variety of commercial, office, residential, and mixed-use redevelopment options. Existing 1,587 SF building is usable as an office but requires upgrades to comply with ADA commercial code and accessibility standards. Water and sewer service is available to the site but will require connection. Large laydown yard supports outdoor storage, parking, or staging. Ideal for contractors, service-based businesses, owner/users, or investors looking for immediate utility and future upside. This is a rare opportunity to acquire a versatile property in a high-visibility, high-growth corridor with excellent redevelopment potential and close proximity to Wilmington and coastal destinations.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

T40

APN/PARCEL ID

038HA01301

ASK ABOUT THIS PROPERTY

Phillip WinsorSun Coast Partners CommercialMore Info
910-350-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Phillip WinsorSun Coast Partners CommercialMore Info
910-350-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.