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Flex Space With Loading Dock
New
For Lease
$1,800/Mo Modified Gross

1212 Marstellar Street, Wilmington, NC 28401

Commercial Lease, Wilmington, NC

Space Size960 SF
Lot Size0.26 Acres
Days on Market2

Property Features for 1212 Marstellar Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning LI
Parking 8
Parking features Parking Lot
Subdivision Downtown
Directions attached to the base of the 3 story Flour Towner at 12th and Marstellar
Standard status Active
APN R05414-014-001-001
Size 960 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1212MarstellarUnitA
Tax Annual Amount 1171
Expense value 1800
Expense SecurityDeposit
Expense freq. One Time
Legal Description 1212MarstellarUnitA

Utilities

Heating system Electric (Heating), Forced Air
Cooling system Central Air

Amenities

full kitchen

Building Details

Year built 1961
Building materials Block, Brick
Listing Agency: Aloha Wilmington Real Estate
Listed By: Christian A Cardamone · License #238762
Added: Sep 15 Last Checked: Sep 16 at 8:06AM
MLS# 100603634

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.

Investment Insights

Based on property information with market context.

This 960-square-foot ground-level flex space at 1212 Marstellar Street combines office and work-studio functionality with a full kitchen and a single-door loading bay. The property includes access to a private storage facility and a large gated parking lot and yard. Block and brick construction, central air, and electric forced-air heating support the workspace, which was built in 1961.

The property is in downtown Wilmington and carries LI, or Light Industrial, zoning. The lease is structured as modified gross, with the tenant responsible for power, internet, and trash. A 0.26-acre lot, parking lot, and fenced parking area provide supporting site features for the commercial space.

Key Highlights

  • 960 SF ground‑level flex and office space
  • Single‑door loading bay and dock
  • Full kitchen and work‑studio layout

Property Analytics

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Current Use

Parga Automotive Auto Repair Shop All Class Recreation Car Dealership

Suggested Use

Top Pick Real Estate Agency Bakery Law Firm Accounting Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

Yes
Fenced yard
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,017
Businesses Nearby
Balanced
Demand for This Use

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

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
Rey
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Similar Off Market Nearby

  • AM Coffee Distributors 1311 S 6th St, Wilmington, NC 28401
  • Angie’s Catering 853 S 17th St, Wilmington, NC 28401
  • Salt and Charm 702 S 17th St, Wilmington, NC 28401
  • Unearthed Woodfired Pizza 308 s 16th st, wilmington, nc 28401

Frequently Asked Questions

What type of property is this?
Flex space - Light industrial zoning accommodates a ground-level office and work studio with shared gated parking and private storage access.
Where is this flex space located?
The property is located at 1212 Marstellar Street Wilmington, NC.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: 960 SF ground‑level flex and office space; Single‑door loading bay and dock; Full kitchen and work‑studio layout
More about this property
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