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    101 North 3Rd St Wilmington, NC 28401

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    For Lease
    $32 SF/Yr ($4,024 /Mo)

    Prime retail space suitable for restaurant or coffee shop.

    Property size:
    1,486 SF
    Lot size:
    0.46 Acres

    Property Features for 101 North 3Rd St

    General Information

    Size
    1,486 SF
    Lot size
    0.46 Acres

    Source: Cape Fear Commercial, LLC Agent Lindsey Hess

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

    Overview

    Downtown Retail Space Available

    Located in the Truist Building at 101 N Third Street in downtown Wilmington, this retail space offers approximately 1,486 square feet of ground-floor area. Previously occupied by Dunkin’ Donuts, the space is particularly well-suited for a quick-service restaurant, coffee shop, or café. A notable feature is the availability of 14 dedicated guest parking spaces, which is a significant advantage in the downtown area. The space includes dual access points from both the street and the building's interior. Existing infrastructure includes a service counter, a large prep area, and a walk-in cooler. There is also space available for customer seating. The property is available starting November 1, 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Studsvik Scandpower, Inc Software Company Hogue Hill Law Firm Snow III James ... Personal Injury Attorney Jones W Talmage Personal Injury Attorney Cordell & Cordell - Divorce ... Divorce Lawyer

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Similar Places Nearby

    Port City Java, Bespoke Coffee & Dry Goods, The Nutrition Spot, Bagels on Pointe - Downtown, The Vine

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.896272
    Latitude
    34.0330554

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    FAQs

    What type of property is this?
    Coffee shop - Prime retail space suitable for restaurant or coffee shop.
    Where is this coffee shop located?
    The property is located at 101 North 3Rd St Wilmington, NC.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Prime ground-floor retail space in downtown Wilmington.; - Ideally suited for a quick-service restaurant, coffee shop, or café.; - 14 dedicated guest parking spaces, a rare convenience in the downtown market.
    (910) 508-4615
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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
    101 North 3Rd St Wilmington, NC 28401
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