River Place
240 North Water Street, Wilmington, NC 28401
Key features
- 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
Rental Details
- Number of spaces 1
- Total square feet available 6,525 SF
- For Lease $30.00/SF/YR
- Space Type Street Retail
- Lease Type NNN
- Latest Update Oct 2, 2026
Reach out to the broker for more info on lease terms and amenities
True
1 Space Available
| Space Name | Space Type | Lease Rate | Total Space | Floor | Lease Type | |
|---|---|---|---|---|---|---|
| 240 N Water St | Street Retail | $30.00/SF/YR | 6,525 SF | 1 | NNN |
240 N Water St
- Space Type
- Street Retail
- Lease Rate
- $30.00/SF/YR
- Total Space
- 6,525 SF
- Floor
- 1
- Lease Type
- NNN
Contacts
Lee & Associates Raleigh Durham Wilmington
Building Details
- For Lease $30.00/SF/YR
- Property Type Retail - Street Retail
- Property Size 34,000 SF
- Additional Rent Price on request
- Year Built 2020
- Date Updated Oct 2, 2026
Location
- City Wilmington, NC
- Neighborhood Downtown Wilmington
- Zip Code 28401
- Market Wilmington
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Walk score 78/100 Very Walkable -
Transit score 40/100 Some Transit -
Bike score 83/100 Very Bikeable
Points of Interest
Shell
0.32 miles
Citgo
1.02 miles
BP
2.45 miles
Circle K
2.46 miles
GoGas
2.74 miles
Speedway
3.05 miles
Tesla Supercharger
6.92 miles
City of Wilmington 2nd Street Parking Deck
0.18 miles
Convention Center Parking Deck
0.30 miles
Kenan House parking lot
1.33 miles
Lot K
4.16 miles
Lot B
4.26 miles
Lot A
4.28 miles
Lot F (Visitor Parking)
4.31 miles
Lot C
4.33 miles
Lot M
4.37 miles
Lot D
4.41 miles
Farmin' On Front
0.07 miles
Family Fare
0.83 miles
Food Lion
1.82 miles
Piggly Wiggly
2.69 miles
Independence Mall
3.04 miles
La Palmita
3.17 miles
Whole Foods Market
3.28 miles
Harris Teeter
3.87 miles
Target
4.03 miles
Ross
4.22 miles
Listing Summary
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Retail Space Costs at 240 North Water Street
The asking rent for retail space in this property starts at $30.00/SF/YR.
-
Retail Space Available The property exclusively contains Street Retail space totaling 6,525 square feet. The leasing opportunity here is available under NNN lease terms.
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Space Sizes - The property houses 1 retail space in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
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Area Characteristics 240 North Water Street is located in the Downtown Wilmington neighborhood of Wilmington. The Downtown Wilmington retail market offers 3 retail listings, representing a total of 15,822 square feet of retail space for lease.
The most common retail type in the Downtown Wilmington neighborhood is New Center, of which the market currently offers 4 spaces.
You can also find 3 Downtown Wilmington spaces. Additionally, leasing opportunities here include 2 Lucia Point spaces.
Lee & Associates Raleigh Durham Wilmington
