Cape Fear River Waterfront Commercial Spaces

For Lease

5 South Water Street, Wilmington, NC 28401

The total number of office spaces available at Cape Fear River Waterfront Commercial Spaces is 2. Leasing opportunities in the building include office and general office. There is a total of 4,300 square feet of space currently available for rent at this address. Of this, the minimum divisible area is 2,150 square feet.

Space Available For Lease 2

Contacts

Frank Efird Jr

SVN | Efird Commercial Real Estate

Property Details

  • 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 19, 2026
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
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Reach out to the broker for more info on lease terms and amenities

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

Attachments

Getting around

  • 85/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 88/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Shell

    0.49 miles

  • 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

  • City of Wilmington 2nd Street Parking Deck

    0.20 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

  • Hell's Kitchen

    0.13 miles

  • ARRIVE Wilmington

    0.14 miles

  • Riverview Suites Wilmington

    0.16 miles

  • Courtyard Wilmington Downtown/Historic District

    0.27 miles

  • Hotel Ballast

    0.29 miles

  • Hampton Inn Wilmington Downtown

    0.33 miles

  • Aloft

    0.43 miles

  • Best Western Plus Coastline Inn

    0.47 miles

  • Embassy Suites by Hilton Wilmington Riverfront

    0.53 miles

  • Americas Best Value Inn- Wilmington

    2.29 miles

  • Farmin' On Front

    0.16 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

5 South Water Street Listing Brief

  • Leasing rates here can depend on a variety of factors, including the quality rating of the property (property class or building class), the position of the available space within the building, any unique attributes that the listed space may include, as well as on the availability of on-site or nearby amenities. Reach out using the contact form available on this page to schedule a tour or to get more detailed information on the most modern facilities and amenities that 5 South Water Street has to offer.

  • See the listing area details for information and ratings regarding the degree of walkability in the neighborhood, the accessibility and frequency of public transit options, as well as the level of availability and quality of biking infrastructure in the area. What’s more, you can use the interactive map for a good overview of the area. Location details also include a breakdown of distance from the property to several essential amenities and points of interest, which may include parking facilities, fuel stations, stores, or hotels.

  • This property is in the Downtown Wilmington neighborhood of Wilmington and located within zip code 28401.

    5 South Water Street was originally completed in 1890 and is rated class B. The building includes 9,168 square feet, of which 4,300 square feet is rentable office space. The most recent renovation completed at this address was in 2019.

Contact Listing Broker
Frank Efird Jr

SVN | Efird Commercial Real Estate

  1. 1Main information
  2. 2Extra information
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