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Private Office Unit
For Lease
$600/Mo

401 Chestnut Street, Wilmington, NC 28401

Commercial Lease, Wilmington, NC

Space Size90 SF
Lot Size0.02 Acres
Days on Market97

Property Features for 401 Chestnut Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning CBD
Parking features Parking Lot
Subdivision Barristers Row
Directions From Market Street turn onto 4th Street. Barrister's Row is at the corner of 4th and Chestnut Streets.
Standard status Active
APN R04817-014-005-008
Size 90 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Unit H Barrister's Row
Tax Annual Amount 603
HOA Fee $4,400 Annually
Legal Description Unit H Barrister's Row

Utilities

Heating system Electric (Heating)

Amenities

shared furnished foyer
kitchen area
bathroom
parking lot

Building Details

Year built 1983
Listing Agency: Lucas and Associates REALTORS Inc.
Listed By: Jeff Lucas · License #202184
Added: May 24 Changed: Aug 19 Last Checked: Aug 28 at 4:06AM
MLS# 100576449

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.

A 90-square-foot private office is available within an office condominium at 401 Chestnut Street in Wilmington. The locked room measures approximately 10' x 9' and includes a window for natural light. Recent improvements include fresh paint and new laminate flooring. Tenants have access to a furnished shared foyer, kitchen area, and bathroom, with utilities included. The building was constructed in 1983 and provides on-site parking.

The property carries CBD zoning and is positioned near Wilmington’s downtown waterfront, restaurants, and shopping. Access to the airport and I-140 is also noted. The office is intended for low-traffic professional use; service-oriented businesses and retail are not permitted.

Key Highlights

  • 90‑square‑foot private office with a window and approximately 10' x 9' dimensions
  • Locked office within an office condominium at 401 Chestnut Street
  • Fresh paint and new laminate flooring

Property 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 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.

Lease Details

Yes
Highway 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

Market

Lease Benchmarks for Wilmington, NC

$54.5 /SF/Yr
Avg Asking Price
$18.43–$288 /SF/Yr
Price Range
5,945 SF
Avg Space Size

This space is priced 47% above the average of $54.5 /SF/Yr.

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 - Small, windowed workspace with shared kitchen, furnished foyer, bathroom access, and included utilities.
Where is this office units located?
The property is located at 401 Chestnut Street Wilmington, NC.
What is the lease rate?
The lease rate is $600/Mo.
What are key features of this property?
This property features: 90‑square‑foot private office with a window and approximately 10' x 9' dimensions; Locked office within an office condominium at 401 Chestnut Street; Fresh paint and new laminate flooring
More about this property
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