No photo available
$12,000
Property Description
A rare opportunity to lease or occupy an entire freestanding industrial facility totaling over 13,000 square feet, located in a well-established industrial corridor of Wilmington. This versatile property combines functional warehouse space, dedicated office areas, and a secured yard, offering flexibility for a wide range of industrial, distribution, or service-based users. The layout supports efficient operations with a balanced mix of open storage/work areas and administrative space, making it well-suited for businesses needing both field and office coordination under one roof. The exterior yard provides additional staging, parking, or equipment storage capacity, a valuable feature that is increasingly hard to find in today's market. Convenient access to major transportation routes enables smooth regional distribution and logistics throughout Wilmington and the surrounding Cape Fear region. The site offers practical functionality first, with room for users to adapt the space to their operational needs. Ideal for contractors, light industrial users, fleet-based operations, or companies needing a consolidated warehouse and office headquarters in one location.
Full Property Details
Full Property Details for 1501 Marstellar St
General
- Price: $12,000
- Taxes: $7,420 (2025)
- Status: Active
- Type: Commercial Lease
- Source: 2253
- MLS ID: 100568817
- Updated: 5/13/2026
- Added to Site: 21 day(s) ago
Business
- Business Type: Storage, Professional/Office, Mixed, Manufacturing, Re
Rental Information
- Lease/Rent Term: 1 Year +
- Lease Info: NNN
Parking
- Parking Features: On Site, Paved
Location
- County: New Hanover
- Subdivision: Downtown
- Driving Directions: Next to SeaView Crab at 16th and Marstellar
Heating & Cooling
- Heating Type: Electric
Structural Information
- Square Feet: 6,118
- Current Bldg. Use: Industrial2
- Year Built: 1957
Lot Features
- Lot Size (Acres): 0.54
- Lot Size (Sq. Ft.): 23,479
- Lot Dimensions: irreg
- Zoning: LI
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $1.96
- Land Lease Fee Freq: Monthly
- Lease Price: $12,000
- For Sale/Rent/Lease: Lease
- Security Deposit: $12,000
- Assessment Amount: $1,261,000
- Tax Amount: $7,420.99
- Tax Year: 2025
- Owner Pays: None, Water
- Tenant Pays: Trash Collection, Grounds Care, Taxes, All Utilities, Insurance, Janitorial Service, Electricity, Building Insurance, Exterior Maintenance, HVAC Reports, Pest Control, Sewer, Water
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: PT LTS 4/5/6 BLK 532 WILM AND PART OF R/W
- Property ID: R05414-005-003-000
Listed by Aloha Wilmington Real Estate, Christian A Cardamone
Get Pre-Approved Today
Schools
Schools serving 1501 Marstellar St
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Forest Hills Elementary 602 Colonial Drive, Wilmington, NC 28403 | K-5 | 1 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 0.7 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 1.1 mi |
John T Hoggard High 4305 Shipyard Boulevard, Wilmington, NC 28403 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1501 Marstellar St
Date
Details
Price
Change
Source
4/22/2026
Listed
$12,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1501 Marstellar St
1501 Marstellar Street, Wilmington, NC 28401 (MLS# 100568817) is a Commercial Lease property. 1501 Marstellar Street is currently listed for $12,000 and was received on April 22, 2026. Want to learn more about 1501 Marstellar Street? Do you have questions about finding other Commercial Lease real estate for sale in Chestnut Heights - Princess Place? You can browse all Chestnut Heights - Princess Place real estate or contact a Coldwell Banker agent to request more information.