- For Lease $3,500.00/MO
- Property Type Office - General Office
- Property Size 9,168 SF
- Units 2
- Lot Size 0.09 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1890
- Year Renovated 2019
- Date Updated May 18, 2026
Description
Cape Fear River Waterfront Office & Retail space on Water Street in Wilmington Central Business District.
This is a rare opportunity to secure a piece of Wilmington's historic waterfront. Located at 5 S Water St, these two available spaces sit directly above the popular Michael’s on the Waterfront, offering a front-row seat to the best views in the city.This is a rare opportunity to secure a piece of Wilmington's historic waterfront. Located at 5 S Water St, these two available spaces sit directly above the popular Michael’s on the Waterfront, offering a front-row seat to the best views in the city.
Legendary Setting: Housed in a beautifully restored 19th-century trade house dating back to 1830, this building is a cornerstone of the Historic Downtown Wilmington landscape.
Prime Riverwalk Frontage: Step out of your door and onto the Wilmington Riverwalk, a 1.75-mile boardwalk named a top-10 riverwalk in the U.S. by USA Today.
Unmatched Visibility: Positioned at the heart of the Central Business District (CBD), your business will benefit from the high foot traffic of tourists and locals who frequent the nearby boutiques, art galleries, and scenic river cruises.
With CBD Zoning, these upper-floor spaces are designed for maximum flexibility. Whether you are looking for a high-prestige office or a unique retail destination, this location delivers.
Total Available: 4,300 SF (Two separate 2,150 SF suites).
Modern Meets Classic: The building was completely gutted and renovated in 2019, blending historic brick and charm with modern structural integrity and updated systems.
Ideal Business Uses:
Boutique Professional Office: Perfect for law firms, creative agencies, or tech startups wanting an office that doubles as a recruiting tool.
Luxury Personal Services: An upscale spa, high-end hair studio, or wellness center with sunset river views.
Creative Studio or Gallery: A stunning space for photographers, architects, or an art collective to showcase work against a historic backdrop.
Niche Retail: Specialized boutiques or "destination retail" that thrives on the unique atmosphere of the waterfront.
2 Renovated 2nd Floor Spaces in CBD with Cape Fear River waterfront view
Move in ready, hardwood floors, open floor plan, 1 Bath, storage closets
Metered electrical, common water & sewer, pre-wired with cable/phone
Highlights
- High ceilings with abundant natural light
- Ideal for retail or office use
- Modern amenities and finishes
- Prime Waterfront Location
- Spacious and versatile floor plan
True
2 Spaces Available
A
Space Type
Office
Lease Rate
$3,500.00/MO
Total Space
2,150 SF
Floor
2
Divisible Space
2,150 - 2,150 SF
Available Date
Immediate
Lease Type
Modified Gross
Renewal Option
Yes
Sublease
No
Suite A, Renovated 2nd Floor Spaces in CBD with Cape Fear River waterfront views. Move in ready, hardwood floors, open floor plan, 1 Bath, storage closets Metered electrical, common water & sewer.
B
Space Type
General Office
Lease Rate
$3,500.00/MO
Total Space
2,150 SF
Floor
2
Divisible Space
2,150 - 2,150 SF
Available Date
Immediate
Lease Type
Modified Gross
Renewal Option
Yes
Sublease
No
Suite B, Renovated 2nd Floor Spaces in CBD with Cape Fear River waterfront views. Move in ready, hardwood floors, open floor plan, 1 Bath, storage closets Metered electrical, common water & sewer, pre-wired with cable/phone
Contacts
Frank Efird Jr
SVN | Efird Commercial Real Estate
Location
Located at 5 South Water Street, Wilmington, NC 28401, this property is part of the Downtown Wilmington neighborhood and Wilmington market.
Contact Listing Broker
Frank Efird Jr
SVN | Efird Commercial Real Estate
