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For the Investor:

  • In a market like Wilmington, where property values and commercial lease rates are steadily climbing, locking in a long-term, under-market lease provides a significant hedge against inflation and rising costs. A low lease rate means higher cash flow potential.
  • Inventory included (~$45,000 value) reduces the initial capital requirement.
  • Established vendor relationships and goodwill can be transitioned to a new operator.
  • High-traffic location supports a variety of tenant profiles and business types.
  • Historic use as a furniture business adds continuity, but there's flexibility to adapt to various other ventures.

For the Visionary:

  • Not interested in the furniture business? No problem—this listing offers incredible flexibility and value based on location and lease terms alone.
  • With over 14,000 square feet, dock doors on both floors, and beautiful exposed wood beams upstairs, the building lends itself to endless possibilities: A creative retail showroom for furniture, art, décor, or locally crafted goods. A flexible event or gallery space, especially upstairs with its architectural charm. A warehouse or logistics center for coastal businesses with shipping needs. A co-working hub, perfect for startups or remote workers. A studio or maker space for photographers, artists, or craftspeople.

For the Entrepreneur:

  • The current owners operate the business with a simple, low-overhead model—minimal marketing, no website sales, and a limited flow of inventory (typically only a few pallets at a time). Yet even with this conservative approach, the store continues to generate consistent interest thanks to its prime location and niche appeal.
  • With fresh energy and strategic investment, the business could scale significantly: Launch an e-commerce storefront to reach customers beyond the local market—especially with the growing demand for affordable office furniture. Market to Wilmington’s booming film industry, which frequently rents or buys office-style furniture for set design and prop staging. Expand into staging services. Grow inventory and diversify offerings. Utilize the spacious upstairs for a true showroom. These are just a few avenues for expansion!

Thriving Coastal City

  • Situated on the southeastern coast of North Carolina, Wilmington offers easy access to both Wrightsville Beach and the Cape Fear River, drawing a steady flow of tourists, students, professionals, and locals year-round.

High Visibility and Traffic

  • Located on Market Street, one of Wilmington’s main commercial corridors, with strong daily traffic counts and excellent road frontage for signage and exposure.

Strong Local Economy, Growing Population & Development

  • Wilmington benefits from a diverse economy powered by film production, education, healthcare, tourism, and a growing entrepreneurial scene. The region continues to see rapid residential and commercial development, with demand for storage, creative workspaces, office furnishings, and service-based businesses on the rise.

Minutes from Downtown Wilmington

  • Just a short drive to Wilmington’s vibrant historic district, home to a thriving mix of restaurants, boutiques, arts, and entertainment venues.

Access to UNCW & Cape Fear Community College

  • Two major academic institutions fuel a young, educated talent pool and increase foot traffic in surrounding areas.

Lifestyle Appeal

  • Wilmington offers the perfect mix of work and play—beautiful beaches, walkable riverfront, and year-round outdoor lifestyle help attract both residents and visitors with spending power.
FOR MORE DETAILS CONTACT
Adam Nicholas
Land Consultant
(910) 208-0828
adam@integral.land
275271
Layn Cromwell
Broker, Consultant
(252) 659-2741
layn@integral.land
356464
Terry Quinn
Business Broker
(910) 233-1920
terry@ccg.biz
150363