243 Front St - Office FOR SALE


Wilmington, NC 28401- Downtown Wilmington
$4,950,000 USD
910-344-1008
243 Front St, Wilmington, NC for Sale
$4,950,000 USD
Office - FOR SALE
1/23
null | Request Cap Rate

243 Front St
Wilmington, NC 28401
Downtown Wilmington


OVERVIEW

Rare opportunity to own an entire 23,750 SF building prominently located in the heart of downtown Wilmington. Situated on a 0.19-acre parcel zoned Central Business District (CBD), this property offers exceptional flexibility and potential for both owner-occupants and investors. The building features 21,600 usable square feet (excludes unconditioned basement/storage area), currently occupied by a single office tenant through April 30, 2026. The tenant has provided notice to vacate at lease end. With dual access from both Front Street and Bijou Park, the property is well-suited to accommodate multiple future tenants. The ground floor layout is ideal for conversion to retail use, enhancing income potential.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

CBD,CENTRA

APN/PARCEL ID

R04720-007-014-000

ASK ABOUT THIS PROPERTY

Paul LoukasCape Fear CommercialMore Info
910-344-1008

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Paul LoukasCape Fear CommercialMore Info
910-344-1008

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