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109 Market St 2,034 SF Retail Building Wilmington, NC 28401 $860,000 ($422.81/SF)
Investment Highlights
- Beside a convenient parking deck
- High-end finishes
- Easy access to all of the vibrant shops, restaurants, and attractions Wilmington has to offer
Executive Summary
2,034 SF end-cap retail space available for sale. Currently leased by the popular Dram & Draught Bar through year 2031, the space offers high-end finishes and a thoughtfully designed layout. Its prime corner location provides excellent visibility and steady foot traffic, making it well-suited for a bar, restaurant, or retail concept.
Lounge area located on the second floor
Small sidewalk seating
Tons of natural light
Parking deck located beside the property
Sale Price: $860,000
Lounge area located on the second floor
Small sidewalk seating
Tons of natural light
Parking deck located beside the property
Sale Price: $860,000
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,034 SF
Building Class
C
Year Built/Renovated
1840/1985
Price
$860,000
Price Per SF
$422.81
Tenancy
Single
Building Height
2 Stories
Building FAR
2.59
Lot Size
0.02 AC
Zoning
CBD - Central Business District
Parking
1 Spaces (0.49 Spaces per 1,000 SF Leased)
Exceptionally walkable
100/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R04720-009-011-000 | Improvements Assessment | $337,700 |
| Land Assessment | $110,700 | Total Assessment | $448,400 |
Property Taxes
Parcel Number
R04720-009-011-000
Land Assessment
$110,700
Improvements Assessment
$337,700
Total Assessment
$448,400
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109 Market St
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