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    Downtown Wilmington Office with Views Title is generated by Realmo AI

    104 N 4th St, Wilmington, NC 28401

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    15,500 SF office space with downtown views.

    Type:Office
    Property size:
    15,534 SF
    Price / SF:
    $157/SF
    Added:
    Jan 28, 2026
    Days on Market:
    154
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 104 N 4th St

    General Information

    Standard status
    Active
    Size
    15,534 SF
    Property subtype
    Office

    Building Details

    Year Built
    1948

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    Henry Nadeau

    Listing office Creative Commercial Properties Hampstead

    Listing date Jan 28, 2026

    Source Crexi

    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 Creative Commercial Properties Hampstead

    HighLights

    • 15,500 square foot office space
    • Stunning views of downtown Wilmington
    • Ideal for a wide variety of professional office users
    • Located at the corner of North 4th Street and Princess Street
    • Located above the AT&T facilities
    • Year Built: 1948

    Overview

    This 15,500 square foot office is located on the 3rd floor and offers views of downtown Wilmington. Situated at the corner of North 4th Street and Princess Street, above the AT&T facilities, the suite is suitable for a variety of professional office users.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $324.3k $20.88
    − Vacancy −$61.3k −$3.95
    EGI $263.0k $16.93
    − OpEx −$65.8k −$4.23
    NOI $197.3k $12.70
    15,534 SF · lease $20.88/SF/yr · vacancy 18.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.82M
    $2.47M – $3.29M (±1% cap)
    NOI $197,286 @ 7.0% cap · market cap 8.05%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $190.20M
    $166.43M – $221.91M (±1% cap)
    NOI $13,314,331 @ 7.0% cap · market cap 543.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sheriff's Department Detective ... Sheriff'S Department SeniorLife Assisted Living ... Nursing Home Vice & Narcotics Of The New ... Law Firm

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.898486
    Latitude
    34.0334685

    FAQs

    What type of property is this?
    Office units - 15,500 SF office space with downtown views.
    Where is this office units located?
    The property is located at 104 N 4th St Wilmington, NC.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: 15,500 square foot office space; Stunning views of downtown Wilmington; Ideal for a wide variety of professional office users
    More about this property
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