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104 Carolina Ave 1,587 SF Office Building Leland, NC 28451 $450,000 ($283.55/SF)

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EXECUTIVE SUMMARY

Existing Building with Laydown Yard – Ideal for Small Office or Future Redevelopment
The existing 1,587± SF structure at 104 Carolina Ave offers immediate functionality as a small office with a laydown area, ideal for contractors, service providers, or small businesses in need of workspace and outdoor storage. Situated on a generous 1.4-acre parcel zoned T40 (Urban Mixed Use), the property is well-suited for current operations and presents a compelling redevelopment opportunity for commercial or mixed-use projects.
Location Highlights:
Located in the fast-growing town of Leland, NC, part of the Wilmington MSA.
Just 6 miles (approx. 10 minutes) to Downtown Wilmington’s Central Business District (CBD).
Only 16 miles (approx. 25 minutes) to Wrightsville Beach, offering easy access to coastal amenities.
Leland has experienced over 30% population growth in the past decade, making it one of the fastest-growing towns in North Carolina.
Population has grown from 13,500 in 2010 to over 25,000 in 2024, with continued growth projected.
Demographics include a median household income of ~$75,000, with a strong base of professionals, families, and retirees.
Property Notes:
Zoned T40 Urban Mixed Use: Allows a variety of commercial, office, residential, and mixed-use redevelopment options.
Existing 1,587± SF building is usable as an office but requires upgrades to comply with ADA commercial code and accessibility standards.
Water and sewer service is available to the site but will require connection.
Large laydown yard supports outdoor storage, parking, or staging.
Ideal for contractors, service-based businesses, owner/users, or investors looking for immediate utility and future upside.
This is a rare opportunity to acquire a versatile property in a high-visibility, high-growth corridor with excellent redevelopment potential and close proximity to Wilmington and coastal destinations.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,587 SF
Building Class
C
Year Built
1970
Price
$450,000
Price Per SF
$283.55
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,587 SF
Building FAR
0.03
Lot Size
1.40 AC
Opportunity Zone
Yes
Zoning
T40 - Transitional
Parking
14 Spaces (8.82 Spaces per 1,000 SF Leased)
  • Listing ID: 39017343

  • Date on Market: 1/8/2026

  • Last Updated:

  • Address: 104 Carolina Ave, Leland, NC 28451

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