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    Historic St Wilmington, NC 28401

    • Commercial real estate
    • 1,437 SF
    For Sale
    View listing
    $225,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 0 Historic St

    Property size
    1,437 SF
    Property type
    Commercial real estate

    Description

    This thriving bistro, located on a historic street in Wilmington, NC's vibrant downtown district, presents a unique investment opportunity. The 1,437 square foot space, currently operating under a lease expiring November 30, 2026, boasts a charming, quaint cottage atmosphere. The business enjoys significant online presence, evidenced by over 3,400 average monthly website visits, a 4.5-star Google rating from over 382 reviews, a top-2 Yelp ranking for downtown breakfast, and a strong social media following exceeding 1,500 Instagram and 2,500 Facebook followers. The bistro specializes in chef-crafted breakfast, lunch, and popular Sunday brunches, attracting a diverse clientele. The current owners are willing to provide a limited period of support and training to ensure a smooth transition for the new owners, facilitating a seamless takeover. This turnkey operation offers a compelling chance to acquire a well-established and profitable business in a prime downtown location. The zip code is 28401. This is an exceptional opportunity for an experienced restaurateur or a savvy investor seeking a proven, successful business model in a desirable market.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9853
    Latitude
    34.3024

    Comparable in this City

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      Confidential

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    • Value Estimation by Request
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      3 Confidential St

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    • Value Estimation by Request
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      Confidential Area

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      0 Confidential Area, Wilmington, NC 28401
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    • Value Estimation by Request

      Confidential St

      Investment properties
      0 Confidential St, Wilmington, NC 28401
      View Details

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    Historic St
    Wilmington, NC 28401
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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
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