3975 Market St 4-C, Wilmington, NC 28403-1403
This exceptional investment opportunity presents a 1,652 square foot commercial warehouse located at 3975 Market Street in Wilmington, North Carolina, within New Hanover County (zip code 28403). The property is zoned O&I and features a single-tenant occupancy with two distinct leased spaces. The upper unit (approximately 741 square feet) includes a waiting area, two additional rooms, and a restroom, currently leased on a month-to-month basis. The lower unit (approximately 909 square feet) comprises a waiting area, two restrooms, and five rooms, with a lease extending until February 2025. This well-maintained building offers excellent accessibility, situated on the Market Street corridor, providing convenient access to downtown Wilmington. The property's strong rental income stream makes it an attractive investment prospect for discerning buyers seeking a stable return. The combined square footage of both units totals 1,652 square feet, reflecting the total building size. This is a rare opportunity to acquire a well-located, income-producing commercial property in a thriving North Carolina market. The property's strategic location and existing leases provide immediate cash flow and long-term growth potential. This is an off-market listing.
-
24 Hour Closing Law Firm
-
NuTrans Health Wilmington Crisis Center Medical Clinic
-
The Skin I’m In Spa & Massage Center Alternative Medicine Practice
-
Wake Toxicology Lab - Wilmington Medical Laboratory Drug Testing Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
O&I,OFFICE & INSTITUTION · Wilmington, NCWilmington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.