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    921 Princess St Wilmington, NC 28401

    Sponsored
    For Lease
    $8 SF/Yr

    Historic building, mixed-use spaces, prime location.

    Lot size:
    102,419 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Bottle Works Building, a newly renovated (2024) mixed-use property at 921 Princess St, Wilmington, NC 28401, offers 102,419 square feet of versatile space. Located in the vibrant Soda Pop District of the Wilmington Metro submarket, this building occupies an entire city block and sits on 2.52 acres of land. Its UMX zoning allows for a wide range of uses, including creative office, traditional office, flex space, warehouse, and manufacturing. The property features six loading docks with six dock-high doors and four drive-in doors, catering to diverse operational needs. Minimum leasable space starts at 1,200 square feet, with a maximum contiguous space of 13,000 square feet, making it suitable for businesses of various sizes. Built in 1950, this building provides ample parking with common parking lots and convenient street parking. Shared amenities include a mailroom and restrooms. The building's central location in New Hanover County, near the intersection of 9th, 10th, and Chestnut Streets, provides excellent accessibility and visibility. This is a unique opportunity to secure space in a revitalized, historically significant building within a thriving urban district.

    Property Features for 921 Princess St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    102,419 SF
    Total Rate
    72546.79

    Building Details

    Year Built/Renovated
    1950/2024

    Unit(s) available at that property

    Space
    Warehouse Unit 160 E
    Size
    1,065 SF
    Rate per SF
    $17
    Space
    Warehouse Unit 160 D
    Size
    1,065 SF
    Rate per SF
    $17
    Space
    Unit 104
    Size
    493 SF
    Rate per SF
    $36
    Space
    Warehouse Unit 140
    Size
    4,783 SF
    Rate per SF
    $8
    Space
    Retail Unit 140
    Size
    4,793 SF
    Space
    Warehouse Unit 160 C
    Size
    1,320 SF
    Rate per SF
    $17

    HighLights

    • Flexible commercial space available.
    • Retail space for lease.
    • Warehouse space for rent.
    • Restaurant space available.
    • Ample common parking.
    • Abundant free street parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bottle Works ILM Event Venue Ibis Coffee and Cocktails Bar Craftspace Commercial Cold Storage Facility Kasey Smith Interiors Interior Designer Wandering Cone Creamery Ice Cream Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.936927689001
    Latitude
    34.237431074911

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    FAQs

    What type of property is this?
    Office space - Historic building, mixed-use spaces, prime location.
    Where is this office space located?
    The property is located at 921 Princess St Wilmington, NC.
    What is the lease rate?
    The lease rate is $0.00-$36 SF/Yr.
    What are key features of this property?
    This property features: Flexible commercial space available.; Retail space for lease.; Warehouse space for rent.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    921 Princess St Wilmington, NC 28401
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