Search
Multi-Unit Corner Retail Office
For Sale
Contact for pricing
Pending

1201 South 16th Street, Wilmington, NC 28401

Multi-unit building on a large corner lot with parking and CB zoning for office or retail use.

Property SizeContact for details
Days on Market143

Property Features for 1201 South 16th Street

General Information

Standard status Pending
Property subtype Office, Special Purpose
Zoning CB

Building Details

Tenancy Multi
Listing Agency: Century 21 Sweyer & Associates
Listed By: Lynn Harris · License #64689
Source: Crexi
Added: Apr 11 Changed: Aug 15 Last Checked: Aug 29 at 11:24PM

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 Century 21 Sweyer & Associates

Investment Insights

Based on property information with market context.

This multi-unit building is available for purchase or lease and is zoned CB, supporting office or retail use. The property sits on a large corner lot with plenty of parking, and the offering includes two tax parcels.

The address is 1201 South 16th Street in Wilmington, North Carolina.

Because the building is positioned for both office and retail under CB zoning, it may be well suited for multi-tenant occupancy plans where parking access is a priority.

Key Highlights

  • Multi‑unit building zoned CB (commercial business), suitable for office or retail use
  • Large corner lot with plenty of on‑site parking
  • Offering includes 2 tax parcels

Property Analytics

Current Use

All Ways Caring ... Home Health Care Service Coastal Southeastern United ... Crisis Center Coastline Therapy Group ... Physician Lyra's Hair Design Hair Salon Dr. William Mead Alternative Medicine Practice

Suggested Use

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

918
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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Multi-unit building on a large corner lot with parking and CB zoning for office or retail use.
Where is this office units located?
The property is located at 1201 South 16th Street Wilmington, NC.
What are key features of this property?
This property features: Multi‑unit building zoned CB (commercial business), suitable for office or retail use; Large corner lot with plenty of on‑site parking; Offering includes 2 tax parcels
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message