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Ground-Floor Office Suite
New
For Lease
$28 SF/Yr Modified Gross

105 Grace Street, Wilmington, NC 28401

Commercial Lease, Wilmington, NC

Space Size1,600 SF
Days on Market2

Property Features for 105 Grace Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning CBD
Subdivision Downtown
Directions 2nd Building up the street from the corner of Front and Grace
Standard status Active
APN R04720-004-006-001
Size 1,732 SF

Taxes and HOA fees

Tax Year 2025
Tax Description UNIT 101 NEW YORK HATTERS CONDOMINIUM
Tax Annual Amount 1544
Expense value 4041.33
Expense SecurityDeposit
Expense freq. One Time
Legal Description UNIT 101 NEW YORK HATTERS CONDOMINIUM

Utilities

Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Heat Pump

Building Details

Year built 2007
Number of units 1
Flooring type Carpet, Hardwood
Listing Agency: Aloha Wilmington Real Estate
Listed By: Christian A Cardamone · License #238762
Added: Oct 29 Last Checked: Oct 30 at 5:06AM
MLS# 100613233

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.

Rey
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Investment Insights

Based on property information with market context.

This ground-level office suite in the New York Hatters Building is configured with a reception area, four private offices, a conference room, and a kitchenette. Carpet and hardwood flooring are present, with heat pump cooling and electric heat pump heating. The building was constructed in 2007, and the space is zoned CBD.

At 105 Grace Street in Wilmington, the property is in the downtown area, near restaurants, shops, other businesses, and the Cape Fear Riverfront. Public parking decks in the vicinity offer monthly parking, subject to availability. The modified gross lease structure assigns utilities and interior janitorial service to the tenant; property taxes and TICAM expenses are covered by the landlord. Approved subleasing or shared-office arrangements may be considered.

Key Highlights

  • Four private offices, reception area, conference room, and kitchenette
  • Ground‑floor office space in the New York Hatters Building
  • CBD zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Reiss & Nutt, PLLC Law Firm Forrest Firm, P.C. Law Firm The Fresia Group Real Estate Agency

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Butcher Florist

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,382
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Wilmington, NC

$61.37 /SF/Yr
Avg Asking Price
$16.12–$288 /SF/Yr
Price Range
5,539 SF
Avg Space Size

This space is priced 54% below the average of $61.37 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The CBD-zoned space includes four private offices, a conference room, reception, and a kitchenette.
Where is this office unit located?
The property is located at 105 Grace Street Wilmington, NC.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Four private offices, reception area, conference room, and kitchenette; Ground‑floor office space in the New York Hatters Building; CBD zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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