Map of Property

420 Raleigh St

For Sale

420 Raleigh St, Wilmington, NC 28412

This Wilmington property for sale is located at 420 Raleigh St. The general use of 420 Raleigh St is industrial and it incorporates 13,500 square feet of class B industrial space. The current listed sale price for 420 Raleigh St is $3,265,000. 420 Raleigh St is situated on a lot that is 2.96 acre in size.

Contacts

broker

Will Leonard

CapeFear Commercial

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 13,500 SF
  • Lot Size 2.96 Acre
  • Additional Rent Contact for pricing
  • # of Floors 1
  • Building Class B
  • Year Built 1999
  • Date Updated Oct 21, 2024
  • Construction Type Steel
  • Grade Level Doors 7

Fully leased office/warehouse building for sale fronting Raleigh Street, just off Carolina Beach Road and in close proximity to the Port of Wilmington. The property consists of a ± 13,500 SF freestanding well-maintained office/warehouse building situated on ± 2.96 AC zoned IND (Industrial) by the City of Wilmington. The property is currently leased to 4 tenants occupying 7 separate units. The property has an expansive stoned and fenced laydown yard, along with several outbuildings that have not been added to the advertised square footage. Most leases are currently at below-market rates, offering significant upside potential upon lease renewals and restructuring. A large majority of the warehouse areas are climate controlled.

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Getting around

  • 33/100

    Walk Score ®

  • 20/100

    Transit Score ®

  • 44/100

    Bike Score ®

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Location

  • City Wilmington, NC
  • Neighborhood Landmark Industrial Park
  • Zip Code 28412
  • Market Wilmington

Points of Interest

  • Circle K

    0.55 miles

  • Speedway

    0.94 miles

  • BP

    1.79 miles

  • Shell

    2.22 miles

  • Valero

    2.92 miles

  • Citgo

    2.97 miles

  • Murphy USA

    3.28 miles

  • Go Gas

    3.43 miles

  • Exxon

    3.69 miles

  • Tesla Supercharger

    7.16 miles

  • H2Turbo Car Wash

    0.63 miles

  • Enterprise

    4.65 miles

  • Splash N Dash

    5.21 miles

  • Hertz

    5.38 miles

  • Avis

    5.99 miles

  • Budget

    6.00 miles

  • McDonald's

    0.69 miles

  • KFC

    0.69 miles

  • Pizza Hut

    1.26 miles

  • Smoke on the Water

    2.07 miles

  • Smithfields Chicken 'N Bar-B-Q

    2.24 miles

  • Zaxby's

    2.26 miles

  • Taco Bell

    2.30 miles

  • Slice of Life Pizzeria & Pub

    2.32 miles

  • Domino's

    2.33 miles

  • Krispy Kreme

    2.57 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Will Leonard

CapeFear Commercial