Freestanding Retail Building with Adjacent
For Sale
$749,000
1028 S College, Wilmington, NC 28403
Freestanding retail building for sale with an adjacent vacant lot and easement access for flexible site planning options.
Property Size1,926 SF
Price / SF$388.89
Days on Market552
Property Features for 1028 S College
General Information
Standard status
Active
Size
1,926 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,813
Amenities
Electric Heating
Heating Heating
Building Details
Year Built
1972
Listing Agency:
COLDWELL BANKER SEA COAST ADVANTAGE-CB
(910) 458-4401
Listed By:
AJAY SINGH · License #301605
(910) 431-7340
Source:
Corcoran
Added: Mar 12, 2025
Changed: Sep 4
Last Checked: Sep 13 at 7:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER SEA COAST ADVANTAGE-CB
Investment Insights
Based on property information with market context.
This for-sale property includes a free-standing retail building containing 1,926 square feet of retail space, positioned for retail uses or office conversion. The site also offers a vacant lot next to the building (1024 South College Road) that may be purchased separately or together with the retail property.
The location is described as being near Oleander Drive, Wrightsville Beach, UNCW, and Midtown. The property includes an easement that the remarks say provides potential access to Kerr Ave, adding an additional planning consideration for buyers and operators. Tenant coordination will be required as the current tenants’ lease is expiring and they will be leaving the space.
For tenants, the building’s straightforward retail footprint may support a range of neighborhood-service concepts or an office setting, subject to approval for the intended use. For buyers, the included adjacent vacant lot can support options such as laydown yard use, office space, or parking, depending on how the buyer intends to stage and operate the combined site. Seller financing is noted as available with flexible terms for qualified buyers on the right conditions. For showings, please contact the listing agent and do not disturb the tenant.
The location is described as being near Oleander Drive, Wrightsville Beach, UNCW, and Midtown. The property includes an easement that the remarks say provides potential access to Kerr Ave, adding an additional planning consideration for buyers and operators. Tenant coordination will be required as the current tenants’ lease is expiring and they will be leaving the space.
For tenants, the building’s straightforward retail footprint may support a range of neighborhood-service concepts or an office setting, subject to approval for the intended use. For buyers, the included adjacent vacant lot can support options such as laydown yard use, office space, or parking, depending on how the buyer intends to stage and operate the combined site. Seller financing is noted as available with flexible terms for qualified buyers on the right conditions. For showings, please contact the listing agent and do not disturb the tenant.
Key Highlights
- Freestanding retail building built in 1972
- 1,926 sq. ft. retail space for sale near UNCW, Oleander Dr, Wrightsville Beach, and Midtown
- Adjacent vacant lot at 1024 South College Road is available, either separately or with the building
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,525
Businesses Nearby
Explore this area
Business Placement
Demographics for 28403, NC
38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail building for sale with an adjacent vacant lot and easement access for flexible site planning options.
Where is this retail space located?
The property is located at 1028 S College Wilmington, NC.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Freestanding retail building built in 1972; 1,926 sq. ft. retail space for sale near UNCW, Oleander Dr, Wrightsville Beach, and Midtown; Adjacent vacant lot at 1024 South College Road is available, either separately or with the building
