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    OFF-MARKET
    Retail properties & Spaces

    1540 2Nd St Wilmington, NC 28401

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    This exceptional commercial space, located at 1540 S 2nd St, Wilmington, NC 28401, offers 1,316 square feet of versatile space ideal for retail, office, or storage use. Situated on the second floor above established businesses, this unit boasts a bright and airy atmosphere with a large open area, abundant natural light, and a convenient glass roll-up garage door. The space includes a storage closet, central heating and air conditioning, and a private entrance and exit. Tenants benefit from shared amenities including a communal outdoor patio and two restrooms. Ample parking is available in two large shared lots. The property is zoned UMx and is part of a multi-tenant building. Utilities are shared, with tenants responsible for one-third of the electricity costs

    Property profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Yoga Salt Gym & Fitness Center
    • CustomEyes Ophthalmologist (Bike/Boat/Book/etc) Store
    • South Front Tavern Bar & Pub
    • Cafe Mata Cafe & Coffee Shop
    • Native Salt Cave & Wellness Gym & Fitness Center Alternative Medicine Practice
    5 occupants on record
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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