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1815 Carolina Beach Rd 1,880 SF 40% Leased Office Building Wilmington, NC 28401 $535,000 ($284.57/SF)



Executive Summary
Charming 1930s cottage-style commercial property offering exceptional visibility, character, and flexibility in a growing Wilmington corridor. Positioned along a high-traffic route with approximately 34,500 vehicles passing daily, this property provides outstanding exposure for a wide variety of businesses. The building is configured in a duplex-style layout, offering approximately 1,880 square feet that can accommodate either a single occupant or two separate tenants. An additional 500+ square feet of heated and cooled basement/cellar space provides valuable room for storage, workspace, or supplemental business operations. The main level was most recently occupied by an architectural firm and was previously home to an interior design business, highlighting the property's suitability for professional office, creative, and service-oriented uses. The upper level has historically generated rental income and is currently occupied by a tenant, offering immediate investment potential. Zoned Commercial Services (CS), the property allows for a broad range of commercial uses. Future area improvements are underway as the NCDOT enhances the Front Street, Third Street, and Carolina Beach Road intersection with upgraded traffic flow and pedestrian-friendly sidewalks. Conveniently located near Greenfield Lake, Sunset Park, and the rapidly developing South Front District, this unique property combines historic charm, income-producing potential, and a strategic location in one of Wilmington's most active commercial corridors. Note: 30' easement to get to next door property.
30' deeded easement along side of property and in rear (Still room for parking in the rear - 20' deep for cars... see survey) Tenant in place upstairs until end of July. May want to stay. Rent terms available upon request.
30' deeded easement along side of property and in rear (Still room for parking in the rear - 20' deep for cars... see survey) Tenant in place upstairs until end of July. May want to stay. Rent terms available upon request.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,880 SF
Building Class
B
Year Built
1923
Price
$535,000
Price Per SF
$284.57
Percent Leased
40%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,300 SF
Building FAR
0.18
Lot Size
0.24 AC
Zoning
CS - Commercial Services: See Attachment
Parking
6 Spaces (3.19 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R06005-004-006-000 | Improvements Assessment | $165,500 |
| Land Assessment | $188,200 | Total Assessment | $353,700 |
Property Taxes
Parcel Number
R06005-004-006-000
Land Assessment
$188,200
Improvements Assessment
$165,500
Total Assessment
$353,700
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Presented by
Oleander Real Estate LLC
1815 Carolina Beach Rd
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