Wood-Frame Storefront Retail
For Lease
$3,500/Mo
1506 S 3rd Street, Wilmington, NC 28401
Commercial Lease, Wilmington, NC
Space SizeContact for details
Lot Size0.14 Acres
Days on Market546
Property Features for 1506 S 3rd Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
UMX
Subdivision
Downtown
Directions
From Market St travel south on 3rd St. Property located on the right.
Standard status
Active
APN
R05417-013-001-000
Size
1,824 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LT 3 PT LT 11 BLK E GREENFIELD TERRACE
Expense value
7000
Expense
SecurityDeposit
Expense freq.
One Time
Legal Description
LT 3 PT LT 11 BLK E GREENFIELD TERRACE
Utilities
Heating system
Electric (Heating)
Building Details
Year built
1907
Flooring type
Wood
Building materials
Wood Siding, Wood Frame
Listing Agency:
Coastal Knot Realty Group & Business Brokerage
(910) 434-6967
Listed By:
Celeste Salzberg · License #197830
(910) 434-6967
Added: Feb 21, 2025
Changed: Aug 19
Last Checked: Aug 21 at 7:06PM
MLS# 100490358
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 1,824-square-foot storefront property occupies a 0.1377-acre parcel and offers a practical setting for retail or customer-facing commercial use. The building dates to 1907 and features wood siding, wood-frame construction, wood flooring, and electric heating. The layout is identified as suitable for concepts including a bar, restaurant, coffeehouse, tattoo studio, vintage shop, or art and pottery studio.
Located at 1506 S 3rd Street in Wilmington’s SoFro District, the property sits along Third Street, described as a main street with strong visibility. The surrounding area includes numerous small businesses, while South Front Apartments and Lofts are one block away. UMX zoning adds a defined land-use framework for evaluating the space.
Located at 1506 S 3rd Street in Wilmington’s SoFro District, the property sits along Third Street, described as a main street with strong visibility. The surrounding area includes numerous small businesses, while South Front Apartments and Lofts are one block away. UMX zoning adds a defined land-use framework for evaluating the space.
Key Highlights
- 1,824‑square‑foot storefront building on a 0.1377‑acre parcel
- UMX zoning in Wilmington’s SoFro District
- Wood siding and wood‑frame construction
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - UMX-zoned space with wood floors and electric heat.
Where is this storefront property located?
The property is located at 1506 S 3rd Street Wilmington, NC.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 1,824‑square‑foot storefront building on a 0.1377‑acre parcel; UMX zoning in Wilmington’s SoFro District; Wood siding and wood‑frame construction
