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Retail Space with Courtyard
New
For Lease
$7,000/Mo

1007 N 4th Street, Wilmington, NC 28401

COMMERCIAL - Wilmington, NC

Space Size2,005 SF
Lot Size0.34 Acres
Days on Market4

Property Features for 1007 N 4th Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning CBD
Parking 8
Subdivision Downtown
Lot features Corner Lot
Directions From Downtown take N 3rd street heading north, turn right on Davis and then right on N 4th. Property is on the right.
Standard status Active
APN Business
Size 2,005 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Parcel B Fourth & Davis LLC Div Blk 305Wilm
Tax Annual Amount 7179
Expense value 7000
Expense SecurityDeposit
Expense freq. One Time
Legal Description Parcel B Fourth & Davis LLC Div Blk 305Wilm

Utilities

Utilities Natural Gas Available
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1960
Number of units 1
Flooring type Concrete
Building materials Glass, Block, Stucco
Roof type Membrane
Listing Agency: Intracoastal Realty Corporation
Listed By: Jeffrey G Hovis · License #234605
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 6 at 3:06PM
MLS# 100593451

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 retail space offers 2,005 square feet of interior area, complemented by an 855-square-foot covered porch and an 835-square-foot fenced courtyard. The building dates to 1960 and features glass, block, and stucco construction, concrete flooring, central air, electric heat, a membrane roof, and access to natural gas. Furniture, fixtures, and equipment may be available for transfer.

The property occupies 0.34 acres in the northern portion of Wilmington’s Central Business District, near the riverwalk, Live Oak Amphitheater, and Wilson Center. Public water service is in place, and the CBD zoning designation supports its downtown commercial setting.

Key Highlights

  • 2,005‑square‑foot main retail area
  • 855‑square‑foot covered porch
  • 835‑square‑foot fenced courtyard

Property Analytics

Current Use

Palate Bottle Shop ... Bar & Pub

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Florist Veterinary Clinic Nursing Home

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

NNN (Triple Net)
Lease Type
$6.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

345
Businesses Nearby

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - CBD-zoned retail space with a covered porch and enclosed outdoor courtyard.
Where is this retail space located?
The property is located at 1007 N 4th Street Wilmington, NC.
What is the lease rate?
The lease rate is $7,000/Mo.
What are key features of this property?
This property features: 2,005‑square‑foot main retail area; 855‑square‑foot covered porch; 835‑square‑foot fenced courtyard
More about this property
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