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Downtown Wilmington Mixed-Use Redevelopment
For Sale
$1,950,000

255 N Front, Wilmington, NC 28401

Shell condition property in historic downtown Wilmington with redevelopment potential.

Property Size14,000 SF
Price / SF$139.29
Days on Market115

Property Features for 255 N Front

General Information

Standard status Active
Size 14,000 SF
Property subtype Commercial

Building Details

Year Built 1915
Listing Agency: COLDWELL BANKER SEA COAST ADVANTAGE
Listed By: SHERWOOD STRICKLAND GROUP
Source: Corcoran
Added: Apr 7 Changed: Jul 10 Last Checked: Jul 30 at 3:59PM

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 COLDWELL BANKER SEA COAST ADVANTAGE

Investment Insights

Based on property information with market context.

Located in the heart of historic downtown Wilmington, the property at 255 N Front Street offers over 14,000 square feet across multiple levels. Currently in shell condition, it presents a blank slate for a wide range of potential uses and redevelopment strategies. The existing layout supports both commercial and residential configurations, allowing buyers to tailor the property to their specific vision and investment goals. Luxury condominiums have been designed for the building. Situated just off the Wilmington Riverwalk, a major destination along the Cape Fear River, the property benefits from its location that anchors retail, dining, and entertainment activity in the area. The surrounding blocks feature a mix of historic buildings, modern redevelopment projects, and adaptive reuse properties, creating a strong environment for both commercial and residential investment. This location supports a wide range of potential uses and offers long-term upside as downtown Wilmington continues to evolve. The highly walkable location generates consistent foot traffic and supports strong demand.

Key Highlights

  • Prime downtown Wilmington location near the Riverwalk.
  • Over 14,000 square feet of space offering a rare redevelopment opportunity.
  • Shell condition provides a blank slate for customized development.

Property Analytics

Current Use

Waffle House Restaurant ATM Atm

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,382
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Shell condition property in historic downtown Wilmington with redevelopment potential.
Where is this mixed-use property located?
The property is located at 255 N Front Wilmington, NC.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Prime downtown Wilmington location near the Riverwalk.; Over 14,000 square feet of space offering a rare redevelopment opportunity.; Shell condition provides a blank slate for customized development.
More about this property
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