420 Raleigh St, Wilmington, NC

Listing agent Will Leonard, SIOR Show Phone

Listing office Cape Fear Commercial, LLC Show Phone

Listing date Jul 29, 2025

Source Moodyscre

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Overview

This fully leased office/warehouse building is available for sale. The property fronts Raleigh Street, just off Carolina Beach Road, and is in close proximity to the Port of Wilmington. The freestanding, well-maintained office/warehouse building has an area of approximately 13,500 square feet and is situated on approximately 2.96 acres. The property is zoned IND (Industrial) by the City of Wilmington. Currently, the property is leased to 4 tenants occupying 7 separate units. The property features an expansive stoned and fenced laydown yard, along with several outbuildings that have not been added to the advertised square footage. Most leases are currently at below-market rates, offering significant upside potential upon lease renewals and restructuring. A large majority of the warehouse areas are climate controlled. Please inquire to listing agent regarding specific lease terms.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• M2 Maxi Storage — 301 Raleigh St, Wilmington, NC 28412
• Fulfillment warehouse — 307 Raleigh St, Wilmington, NC 28412
• Port Storage Self Storage — 304A Raleigh St, Wilmington, NC 28412

Location Insight

• Map
• Local Demand

City

Wilmington

County

New Hanover

State

North Carolina

Longitude

-77.932

Latitude

34.1822

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FAQs

What type of property is this?

Warehouse - Fully leased office/warehouse building near the Port of Wilmington.

Where is this warehouse located?

The property is located at 420 Raleigh St Wilmington, NC.

What is the asking price?

The asking price for this property is $3,265,000.

What are key features of this property?

This property features: Fully leased office/warehouse building near the Port of Wilmington.; ± 13,500 SF freestanding, well‑maintained building on ± 2.96 AC zoned IND (Industrial).; Expansive stoned and fenced laydown yard with additional outbuildings.