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  1. Office Space
  2. NC
  3. Wilmington
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For Lease

Cape Fear River Waterfront Commercial Spaces

5 South Water Street, Wilmington, NC 28401

4,300

SF Available
Premium Turnkey Retail or Creative Office Space with Unobstructed River Views 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.Discover the perfect home for your business in the heart of Downtown Wilmington’s Central Business District. Located directly on the highly trafficked Cape Fear Riverwalk, this freshly renovated 2,150 SF (each) second-floor space blends historic charm with a clean, modern aesthetic. Whether you are looking to open a boutique retail shop, a high-end service studio, or a vibrant creative office, this space is designed to impress clients and inspire your team. Space Highlights: Interior: Beautifully restored hardwood floors, soaring natural light, and an open-concept floor plan that allows for total layout flexibility. Conveniences: Includes 1 private bathroom, dedicated storage closets, and pre-wired infrastructure for quick phone/cable hookups. Utilities: Individually metered electrical system with common water and sewer access. Don't miss the rare opportunity to secure a high-visibility waterfront presence in one of Wilmington's most heavily trafficked commercial corridors. Contact us today to schedule an in-person or virtual tour! 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

Key features

  • Heart of the CBD: Located in Wilmington’s vibrant downtown historic district, steps away from premier dining, retail anchors, and public parking.
  • Stunning Waterfront Views: Exceptional natural light and scenic river views that elevate your brand and client/employee experience.
  • Turnkey & Move-In Ready: Freshly renovated 2nd-floor space with modern finishes, premium hardwood floors, and an open, collaborative layout.
  • Unmatched Location: Positioned directly on the award-winning Cape Fear Riverwalk, capitalizing on massive, year-round pedestrian traffic.

Rental Details

  • Number of spaces 2
  • Total square feet available 4,300 SF
  • For Lease $3,500.00/MO
  • Space Types Office, General Office
  • Lease Type Modified Gross
  • Date Updated May 28, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 2 Spaces Available

A

  • Space Type Office
  • Lease Rate $3,500.00/MO
  • Total Space Available 2,150 SF
  • Photos
  • Floor 2
  • Divisible Space 2,150 - 2,150 SF
  • Available Date Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sublease No
  • Turnkey Yes

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.

broker
Frank Efird Jr

SVN | Efird Commercial Real Estate

B

  • Space Type General Office
  • Lease Rate $3,500.00/MO
  • Total Space Available 2,150 SF
  • Photos
  • Floor 2
  • Divisible Space 2,150 - 2,150 SF
  • Available Date Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sublease No
  • Turnkey Yes

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

broker
Frank Efird Jr

SVN | Efird Commercial Real Estate

Contacts

broker
Frank Efird Jr

SVN | Efird Commercial Real Estate

Building Details

  • 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 28, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Very Walkable (85)
  • Transit Score ®

    Some Transit (38)
  • Bike Score ®

    Very Bikeable (88)
Powered by Walk Score ®

Location

  • City Wilmington, NC
  • Neighborhood Downtown Wilmington
  • Zip Code 28401
  • Market Wilmington
  • Map
  • Street

Points of Interest

Citgo

0.81 miles

BP

2.46 miles

Circle K

2.46 miles

GoGas

2.77 miles

Speedway

2.83 miles

Tesla Supercharger

6.89 miles

Convention Center Parking Deck

0.52 miles

Kenan House parking lot

1.31 miles

Lot K

4.08 miles

Lot B

4.20 miles

Lot A

4.20 miles

Lot F (Visitor Parking)

4.24 miles

Lot C

4.27 miles

Lot M

4.30 miles

Lot D

4.35 miles

Budget

3.16 miles

Enterprise

3.16 miles

Splash N Dash

4.02 miles

Hertz

4.26 miles

H2Turbo Car Wash

4.33 miles

Coastal Carolina Car Wash

8.98 miles

TLC Autowash Wilmington

9.86 miles

Stuffedwich Sandwich Shop

0.05 miles

Dixie Grill

0.07 miles

Fork'n Cork

0.08 miles

Slice of Life Pizzeria and Pub

0.10 miles

Bourbon Street

0.10 miles

Shuckin' Shack Oyster Bar

0.15 miles

The Copper Penny

0.21 miles

Waffle House

0.24 miles

Subway

0.29 miles

Family Fare

0.79 miles

Food Lion

1.70 miles

Piggly Wiggly

2.72 miles

Independence Mall

2.89 miles

Whole Foods Market

3.14 miles

La Palmita

3.21 miles

Harris Teeter

3.77 miles

Target

4.04 miles

Ross

4.18 miles

New Hanover County Sheriff's Office

0.24 miles

Wilmington Police Department

0.43 miles

City of Wilmington Fire Department Headquarters

0.62 miles

New Hanover Regional Medical Center

2.58 miles

CVS Pharmacy

2.64 miles

City of Wilmington Fire Station 2

2.75 miles

Heart Center - Outpatient Services

2.78 miles

Fast Med Urgent Care

2.81 miles

Port Human Services

2.91 miles

5 South Water Street Listing Summary

  • Office Space Available at 5 South Water Street

    Office space currently available at 5 South Water Street adds up to a total of 4,300 square feet across 2 listing(s). The largest individual space listed offers 2,150 square feet. Property use types available for lease at this property include: office and general office.

  • Learn More about 5 South Water Street

    5 South Water Street is located in the Wilmington market and pertains to the 28401 zip code. The property incorporates a total of 4,300 square feet of space. 5 South Water Street was built in 1890. The most recent renovation work at this property was completed in 2019.

    Interested in researching more about this property? Access in-depth research on 5 South Water Street, including ownership details, transaction history, property characteristics, taxes, mortgage data, violations and more by creating a free account and viewing the full property report.

  • Get to Know the Neighborhood

    In the Downtown Wilmington neighborhood, where 5 South Water Street is located, you can currently find 33 office space(s) for rent. In total, this amounts to 66,552 square feet of available office space for lease opportunities.

Contact Listing Broker
broker
Frank Efird Jr

SVN | Efird Commercial Real Estate

  1. 1Main information
  2. 2Extra information
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