Two-Level Bar and Music
For Sale
Contact for pricing
206 Princess St, Wilmington, NC 28401
Established entertainment venue with multiple bar areas, dance space, private-event accommodations, and covered outdoor seating.
Property SizeContact for details
Days on Market143
Property Features for 206 Princess St
General Information
Standard status
Active
Property subtype
Business for Sale
Additional Details
Floor
Ground + 2
Business Included
Yes
Patio
Yes
Amenities
elevator
Listing Agency:
MoMentum companies
(910) 519-3003
Listed By:
Terry Espy · License #NC 214826
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 6:34AM
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 MoMentum companies
Investment Insights
Based on property information with market context.
This bar and music venue occupies multiple levels and includes distinct spaces for entertainment and private gatherings. The street-level VIP lounge measures 400+ sf and can support private parties or artist preparation. Upstairs, the 4992sf lounge contains a large bar, dance floor, and a 378sf raised platform suited to live performances. A 620 sf covered outdoor area adds another bar and extends the venue’s usable space. Access between levels is provided by stairs and an elevator.
The property is positioned at the intersection of Market and 2nd in Historic Downtown Wilmington, with the Riverwalk within walking distance. Extensive parking is available across the street. The existing interior and entertainment layout support the current bar and music-hall format, while the space can also accommodate a change in musical theme through cosmetic modifications.
The property is positioned at the intersection of Market and 2nd in Historic Downtown Wilmington, with the Riverwalk within walking distance. Extensive parking is available across the street. The existing interior and entertainment layout support the current bar and music-hall format, while the space can also accommodate a change in musical theme through cosmetic modifications.
Key Highlights
- 4992sf second‑floor lounge with large bar and dance floor
- 400+ sf street‑level VIP lounge for private events or artist use
- 378sf raised platform for live performances
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,415
Businesses Nearby
34k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Hotels & Casinos 39%
Dining 12%
Shell
Shops & Services
12,670 visits/mo
0.4 miles
Embassy Suites by Hilton Wilmington Riverfront
Hotels & Casinos
8,717 visits/mo
0.5 miles
Shuckin' Shack Oyster Bar
Dining
4,230 visits/mo
0.1 miles
Wells Fargo
Shops & Services
3,947 visits/mo
0.2 miles
Hampton Inn Wilmington Downtown
Hotels & Casinos
3,551 visits/mo
0.2 miles
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
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Established entertainment venue with multiple bar areas, dance space, private-event accommodations, and covered outdoor seating.
Where is this bar & pub located?
The property is located at 206 Princess St Wilmington, NC.
What are key features of this property?
This property features: 4992sf second‑floor lounge with large bar and dance floor; 400+ sf street‑level VIP lounge for private events or artist use; 378sf raised platform for live performances
