Date
Details
Price
Change
Source
2/22/2025
Listed
$3,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$3,500
Property Description
This vibrant property is located in Wilmington's SoFro District surrounded by lots of small businesses. The SoFro District is known as the place to be for locals and fills to capacity on the weekends. With the South Front Apartments and Lofts just one block away, any business would have ready made customers right in the neighborhood. This space would make a great bar/restaurant, bar/coffeehouse combo, even a tattoo studio, vintage store, art/pottery studio, the possibilities are endless. Third Street is a main street so there's lots of visibility. Call your Realtor today to schedule a showing.
Full Property Details
Full Property Details for 1506 S 3rd St
General
- Price: $3,500
- Taxes: (2025)
- Status: Active
- Type: Commercial Lease
- Source: 2253
- MLS ID: 100490358
- Updated: 5/13/2026
- Added to Site: 445 day(s) ago
Business
- Business Type: Mixed
Rental Information
- Lease Info: NNN
Interior
- Flooring: Wood
Location
- County: New Hanover
- Subdivision: Downtown
- Driving Directions: From Market St travel south on 3rd St. Property located on the right.
Community
- Association: Yes
- Assoc. Fees Include: Security
Heating & Cooling
- Heating Type: Electric
Structural Information
- Structure Type: Wood Frame
- Construction: Wood Siding
- Basement Desc.: None
- Square Feet: 1,824
- Current Bldg. Use: Other, Other8
- Year Built: 1907
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,000
- Lot Dimensions: 48 x 125
- Zoning: UMX
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $1.92
- Land Lease Fee Freq: Other - See Remarks
- Lease Price: $3,500
- For Sale/Rent/Lease: Lease
- Security Deposit: $7,000
- Assessment Amount: $271,000
- Tax Year: 2025
- Owner Pays: None, Water
- Tenant Pays: Trash Collection, Grounds Care, Insurance, Repairs, Electricity, Cable TV, Advertising, HVAC Reports, Pest Control, Sewer, Water, Security
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LT 3 PT LT 11 BLK E GREENFIELD TERRACE
- Property ID: R05417-013-001-000
Listed by Coastal Knot Realty Group & Business Brokerage, Celeste Salzberg
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Listing agent
— 1506 S 3rd St —
Celeste Salzberg
Coastal Knot Realty Group & Business Brokerage
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1506 S 3rd St
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 2.1 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 1.1 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 1.6 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 1506 S 3rd St
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1506 S 3rd Street, Wilmington, NC 28401 (MLS# 100490358) is a Commercial Lease property. 1506 S 3rd Street is currently listed for $3,500 and was received on February 22, 2025. Want to learn more about 1506 S 3rd 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.