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Freestanding Flex Facility
For Lease
$12,000/Mo

1501 Marstellar Street, Wilmington, NC 28401

Commercial Lease, Wilmington, NC

Space SizeContact for details
Lot Size0.54 Acres
Days on Market140

Property Features for 1501 Marstellar Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning LI
Parking 10
Subdivision Downtown
Directions Next to SeaView Crab at 16th and Marstellar
Standard status Active
APN R05414-005-003-000
Size 6,118 SF
Lot size 0.54 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PT LTS 4/5/6 BLK 532 WILM AND PART OF R/W
Tax Annual Amount 7421
Expense value 12000
Expense SecurityDeposit
Expense freq. One Time
Legal Description PT LTS 4/5/6 BLK 532 WILM AND PART OF R/W

Utilities

Heating system Electric (Heating)

Building Details

Year built 1957
Listing Agency: Aloha Wilmington Real Estate
Listed By: Christian A Cardamone · License #238762
Added: Apr 22 Changed: Aug 19 Last Checked: Sep 8 at 9:06AM
MLS# 100568817

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This freestanding flex facility combines warehouse and open work areas with dedicated office space, giving occupants room for storage, production, administration, and field coordination. A secured exterior yard adds capacity for staging, parking, or equipment storage. The property is zoned LI and includes electric heating.

The site occupies 0.54 acres in Wilmington, with a configuration suited to contractors, light industrial businesses, fleet operations, distribution users, and companies seeking warehouse and office functions at one location. Built in 1957, the facility can support a range of operational layouts within its existing industrial framework.

Key Highlights

  • Freestanding flex facility with warehouse, open work areas, and dedicated offices
  • Secured exterior yard for staging, parking, or equipment storage
  • LI zoning supports industrial property use

Property Analytics

Current Use

Moser Mechanical HVAC Service Mike's Duct Shop Business Service Center

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Bakery Law Firm Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
NNN (Triple Net)
Lease Type
$3.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

983
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28401, NC

22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • AM Coffee Distributors 1311 S 6th St, Wilmington, NC 28401
  • Angie’s Catering 853 S 17th St, Wilmington, NC 28401
  • Salt and Charm 702 S 17th St, Wilmington, NC 28401
  • Unearthed Woodfired Pizza 308 s 16th st, wilmington, nc 28401

Frequently Asked Questions

What type of property is this?
Flex space - Industrial property with warehouse, office, and secured yard components for coordinated business operations.
Where is this flex space located?
The property is located at 1501 Marstellar Street Wilmington, NC.
What is the lease rate?
The lease rate is $12,000/Mo.
What are key features of this property?
This property features: Freestanding flex facility with warehouse, open work areas, and dedicated offices; Secured exterior yard for staging, parking, or equipment storage; LI zoning supports industrial property use
More about this property
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