- For Sale $4,500,000
- Property Type Industrial
- Property Size 40,000 SF
- Lot Size 4.5 Acre
- Building Class B
- Year Built 1971
- Date Updated Sep 24, 2026
- Clear Height 20' - 24'
- Drive-In Doors 2
Description
Prime commercial property for industrial reuse or redevelopment at 112 N. College Road in Wilmington, North Carolina. The property includes an existing +/- 40,000 SF industrial building on +/- 4.5 acres with a superior location providing multiple value paths for an end-user, investor or developer to either capitalize on the current improvements or pursue long-term redevelopment.
REUSE AND REPURPOSING opportunities include:
• Warehouse, distribution, light manufacturing operations or life sciences.
• Contractor service, fleet, or service-oriented commercial uses
• Adaptive reuse for office, flex, or mixed commercial applications
• Interim income or owner-user occupancy while planning redevelopment
REDEVELOPMENT is supported by:
• Four parcels totaling +/- 4.5 acres with substantial depth and 1000+ feet of College Road and 125+ feet Market
Street frontage
• Annual Average Daily Traffic (AADT) counts +/- 40,000 vehicles per day on College Rd AND Market St.
• Dual zoning: General Industrial (IND) and Regional Business (RB) under City of Wilmington Zoning Code.
• Future Land Use designations encouraging employment, academic, and live/work innovation uses
• Ability to phase development by retaining, expanding, or removing existing improvements.
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Contacts
Wilmington Business Development
Location
Located at 112 North College Road, Wilmington, NC 28405, this property is part of the New Center neighborhood and Wilmington market.
Wilmington Business Development
