Map of Property

River Place

For Lease

240 North Water Street, Wilmington, NC 28401

You can currently find 1 retail space(s) available for lease at River Place. Designated use type for space listed here includes street retail. Current retail listings at this property total 6,525 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at River Place.

Space Available For Lease 1

Contacts

Sandy Thorpe

Lee & Associates Raleigh Durham Wilmington

Property Details

  • Property Type Retail - Street Retail
  • Property Size 34,000 SF
  • Year Built 2020
  • Date Updated Oct 2, 2026
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.
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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

Attachments

Getting around

  • 78/100

    Walk Score ®

  • 40/100

    Transit Score ®

  • 83/100

    Bike Score ®

Powered by Walk Score ®

Location

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

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

  • Waffle House

    0.05 miles

  • Shuckin' Shack Oyster Bar

    0.09 miles

  • The Copper Penny

    0.09 miles

  • Subway

    0.10 miles

  • Islands Fresh Mex Grill

    0.10 miles

  • The German Cafe

    0.11 miles

  • The Basics

    0.12 miles

  • Bourbon Street

    0.12 miles

  • Paddy's Hollow

    0.13 miles

  • Stuffedwich Sandwich Shop

    0.17 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

240 North Water Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    240 North Water Street is located in Downtown Wilmington, which is home to a total of 1 listing(s). Retail space at River Place asks $30.00/SF/YR per square foot.

  • The property includes 6,525 square feet of retail space for lease. Of this total, 6,525 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Wilmington is 42. The average household income here is $57,968 per year.

Contact Listing Broker
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