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Private Office Suite

401 Chestnut Street #Ste H, Wilmington, NC 28401

For Lease
$600/Mo

CBD-zoned workspace in an office condominium includes shared access to a furnished foyer, kitchen, and bathroom.

Space Size90 SF
Days on Market170

Property Features for 401 Chestnut Street #Ste H

General Information

Standard status Active
Size 90 SF
Net Rentable 90 SF
Zoning CBD

Space & Availability

Available Space 90 SF
Contiguous Space 90 SF
Space Use Office

Site & Location

Neighborhood Historic Downtown
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $602

Amenities

shared furnished foyer
kitchen area
bathroom

Building Details

Building Size 90 SF
Year Built 1983
Listing Agency: Lucas and Associates REALTORS Inc.
Listed By: Jeff Lucas · License NC #202184
Source: Boonehillallenricks
Added: May 24 Changed: Nov 8 Last Checked: Nov 9 at 3:07AM

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 Lucas and Associates REALTORS Inc.

Rey
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Investment Insights

Based on property information with market context.

A private, lockable office occupies approximately 90 square feet within an office condominium. The space has a window and was recently painted, with laminate flooring. Tenants also have access to a furnished foyer, kitchen area, and bathroom. Utilities are included, and the building has a parking lot.

The office is at 401 Chestnut Street in Wilmington, on the corner of 4th and Chestnut Streets. Downtown waterfront, restaurants, and shopping are a few blocks away; the property also has access to the airport and I-140. The building dates to 1983 and is zoned CBD.

The available workspace is intended for office use; service businesses and retail are not permitted.

Key Highlights

  • Approximately 90 square feet in a private, lockable office
  • Window, recent paint, and laminate flooring
  • Shared furnished foyer, kitchen area, and bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Land Sea Air ... Freight Service The Wagoner Law Firm, ... Law Firm Duhe Willetts Law, ... Law Firm LeeAnne Quattrucci, P.A. Law Firm Wentz Law Firm Law Firm

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic Carpet & Flooring 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
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$12.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,486
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Wilmington, NC

$58.8 /SF/Yr
Avg Asking Price
$16.12–$288 /SF/Yr
Price Range
5,432 SF
Avg Space Size

This space is priced 36% above the average of $58.8 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Wilmington, NC

$56.89 Jul
$48 Aug
$53.47 Sep
$58.8 Oct

Properties on Market for Office Units in Wilmington

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - CBD-zoned workspace in an office condominium includes shared access to a furnished foyer, kitchen, and bathroom.
Where is this office unit located?
The property is located at 401 Chestnut Street #Ste H Wilmington, NC.
What is the lease rate?
The lease rate is $600/Mo.
What are key features of this property?
This property features: Approximately 90 square feet in a private, lockable office; Window, recent paint, and laminate flooring; Shared furnished foyer, kitchen area, and bathroom
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Includes: Price & PSF · Cap rate · Location · Zoning

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