Historic Downtown Wilmington Office
For Lease
Contact for pricing
244 Princess St, Wilmington, NC 28401
Move-in ready office suites with utilities and internet included.
Space Size334 SF - 433 SF
Days on Market1563
Property Features for 244 Princess St
General Information
Standard status
Active
Size
334 SF - 433 SF
Class
A
Property subtype
Office
Lease Type
Gross
Building Details
Year Built
1925
Tenancy
Multiple
Spaces For Lease
at 244 Princess St Contact us- Size
- 433 SF
- Type
- Office
- Lease Type
- Gross
- Availability
- Active
Suite 201
- Size
- 334 SF
- Type
- Office
- Lease Type
- Gross
- Availability
- Active
Suite 204
Listing Agency:
MoMentum companies
(910) 519-3003
Listed By:
Terry Espy · License #NC 214826
Source:
Crexi
Added: May 6, 2022
Changed: Aug 14
Last Checked: Aug 14 at 5:59AM
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 MoMentum companies
Investment Insights
Based on property information with market context.
Located in the Central Business District of Downtown Wilmington, this historic building at the corner of Princess and 3rd Streets offers office suites for rent. The property features large double-hung windows that provide street visibility and natural light. Wallace Work Lofts includes private 1, 2, and 3-room office suites, along with a shared conference room, breakroom, and restrooms. Utilities and internet are included in the rent. The tenant base consists of professionals such as attorneys, marketing firms, architects, artists, and tech companies. The property is surrounded by wine bars, art galleries, coffee shops, retail stores, and restaurants, and is located two blocks from the Wilmington River Walk. This property is intended for commercial use.
Key Highlights
- Prime location in the Central Business District of Downtown Wilmington at the corner of Princess and 3rd Streets.
- Utilities and high‑speed internet are included in the rent.
- Shared conference room, breakroom, and restrooms are available for tenants.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,536
Businesses Nearby
Explore this area
Business Placement
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
$51.85 /SF/Yr
Avg Asking Price
$19.44–$288 /SF/Yr
Price Range
6,227 SF
Avg Space Size
Vacancy Rate% for Office in South region
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 - Move-in ready office suites with utilities and internet included.
Where is this office units located?
The property is located at 244 Princess St Wilmington, NC.
What is the lease rate?
The lease rate is $420/Mo.
What are key features of this property?
This property features: Prime location in the Central Business District of Downtown Wilmington at the corner of Princess and 3rd Streets.; Utilities and high‑speed internet are included in the rent.; Shared conference room, breakroom, and restrooms are available for tenants.
