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    243 N Front St Wilmington, NC 28401

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    For Lease
    $4,700,000

    23,750 SF building in downtown Wilmington for lease.

    Property size:
    21,600 SF
    Lot size:
    0.50 Acres

    Property Features for 243 N Front St

    General Information

    Size
    21,600 SF
    Lot size
    0.50 Acres

    Source: Cape Fear Commercial, LLC Agent Keith Austin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Wilmington Office Building

    This 23,750 SF building is located in downtown Wilmington, situated on a 0.19-acre parcel zoned Central Business District (CBD). The property offers flexibility for owner-occupants and investors. The building features 21,600 usable square feet, excluding an unconditioned basement/storage area. Dual access is available from both Front Street and Bijou Park, making the property suitable for multiple tenants. The ground floor layout is suited for conversion to retail use, enhancing income potential. The property is currently occupied by a single office tenant through April 30, 2026, who has provided notice to vacate at lease end.
    Location Intelligence

    Current Use by Public Records

    ChargePoint Charging Station Electric Vehicle Charging Station McKim & Creed Engineering Consultant

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Building Supply Daycare Center Clothing Store

    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
    -77.949474
    Latitude
    34.238371

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    FAQs

    What type of property is this?
    Office building - 23,750 SF building in downtown Wilmington for lease.
    Where is this office building located?
    The property is located at 243 N Front St Wilmington, NC.
    What are key features of this property?
    This property features: - Prime downtown Wilmington location in the Central Business District (CBD).; - Large 23,750 SF building with 21,600 usable square feet.; - Dual access from Front Street and Bijou Park.
    (910) 352-3660
    Request Owner's contact information
    243 N Front St Wilmington, NC 28401
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    Wilmington, NC 28401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    243 N Front St Wilmington, NC 28401
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