- For Lease $30.00/SF/YR
- Property Type Retail - Street Retail
- Property Size 34,000 SF
- Year Built 2020
- Date Updated Oct 2, 2026
Description
Position your business in one of Downtown Wilmington’s most recognizable mixed-use developments. This second-generation office space is located on the ground floor of River Place, directly beneath Ruth’s Chris Steak House and adjacent to Mellow Mushroom, offering exceptional visibility and convenient access in the heart of the city’s business and entertainment district.
Currently occupied by AXIS Fitness Training, the space is ideally suited for office, medical, wellness, or professional service users seeking a move in-ready location within a Class A building. Situated at the prominent corner of Water Street and Chestnut Street, River Place offers a dynamic environment surrounded by restaurants, retail, luxury residences, hotels, and the Wilmington Riverwalk.
Highlights
- 6,525 SF available for lease at River Place
- Convenient access to nearby parking and major thoroughfares
- Currently occupied by AXIS Fitness Training
- Exceptional visibility and pedestrian traffic
- Ground-floor location in a Class A mixed-use building
- Lease Rate: $30.00/yr/SF (NNN)
- Located beneath Ruth’s Chris Steak House and adjacent to Mellow Mushroom
- Prime corner location at Water Street & Chestnut Street
- Second-generation retail/office space
- Walkable to the Riverwalk, restaurants, retail, hotels, and downtown amenities
True
1 Space Available
240 N Water St
Space Type
Street Retail
Lease Rate
$30.00/SF/YR
Total Space
6,525 SF
Floor
1
Divisible Space
6,525 - 6,525 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Contacts
Sandy Thorpe
Location
Located at 240 North Water Street, Wilmington, NC 28401, this property is part of the Downtown Wilmington neighborhood and Wilmington market.
Contact Listing Broker
Sandy Thorpe
