1546 College RdWilmington, NC 28403

For Lease
$18.96/SF/YR

8,542 SF Retail Building, 1.14 Acres

Overview

Added:
Dec 11, 2024
Days on market:
92
This 8,542 square foot retail building sits on a 1.14-acre lot in Wilmington, NC's Midtown submarket. Currently configured as an office, showroom, parts, and service center, the property boasts excellent visibility on College Road, with approximately 50,000 vehicles passing daily. Built in 1983 and expanded in 2009, the single-story building features a new roof (partial 10-year warranty) on the office/showroom area. The property offers over 180 feet of frontage on College Road, with convenient access via Spirea Drive, providing connections to Oleander and Shipyard. Zoned Regional Business (RB), this versatile property allows for a variety of uses. The almost entirely impervious coverage simplifies stormwater management, serviced by the City of Wilmington. The property is currently owner-occupied but will be vacant by May 2024, offering a unique opportunity for either leasing with existing improvements or ground lease for redevelopment. The APN is 3136-68-3940.000, and the address is 1546 College Rd, Wilmington, NC 28403. The property has a Class B rating.

Highlights

  • 8,542 SF retail building on a 1.14-acre lot in Wilmington, NC's Midtown submarket.
  • Excellent visibility on College Road with approx. 50,000 vehicles passing daily.
  • 180+ feet of frontage on College Road, with access from Spirea Drive.
  • Currently owner-occupied, vacant by May 2024; suitable for leasing or redevelopment.
  • Class B building, partially renovated (new roof with partial 10-year warranty).

Property Details for 1546 College Rd

Property type
Other specialty properties, Other retail properties
RSF (Rentable sq. ft)
8,542 SF
Class
B
Year Built/Renovated
1983/2009
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
8,542 SF
Rate per SF
$18.96

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.208872180428
Longitude
-77.88691989415
1546 College Rd, Wilmington, North Carolina
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1546 College Rd
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