Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    106 N Water St Wilmington, NC 28401

    Picture of Office space at N Water St 106, Wilmington, NC
    For Lease
    $1,400 /Mo ($28 SF/Yr)

    COMMERCIAL - Wilmington, NC

    Property size:
    585 SF
    Lot size:
    0.01 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 106 N Water St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    CBD
    APN
    R04720-007-023-012
    Size
    585 SF
    Lot size
    0.01 Acres

    Taxes and HOA fees

    Expense value
    1400
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    2000

    Network Real Estate Inc. of Wilmington (910) 395-4100 [email protected]

    Listing agent Kevin S McKoy (910) 458-8881 License #186237

    Listing date Nov 26, 2025

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Wilmington Office Space Available

    This office space is located on the ground level of Water Street Center, specifically Unit 112. The property occupies a prime corner at the intersection of Water Street and Chestnut Street in Wilmington, North Carolina. The space is suitable for commercial use. The tenant is responsible for covering the costs of electricity, internet, and phone services. The landlord covers HOA dues, taxes, water, trash, and sewer services. The property is located in New Hanover County, with a zoning designation of CBD. The office space has a size of 585 square feet and is located at 106 N Water Street, Wilmington, NC 28401.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Anchor Church United Methodist Church Homes For Sale Real Estate Agency Holland Haman W Attorney LinkJuce SEO Digital ... Marketing Agency Willis Coaching Life Coach

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.949952
    Latitude
    34.237101

    Nearby Similar for Lease

    • $3,000 /Mo
      1,229 SF

      Wilmington Commercial Space For Rent

      Flexible commercial space with UMX zoning in Wilmington, NC.
      1120 S 3Rd St, Wilmington, NC 28401
      View Details
    • $3,500 /Mo
      1,824 SF

      Retail Space in SoFro District

      Vibrant retail space in Wilmington's popular SoFro District.
      1506 S 3Rd St, Wilmington, NC 28401
      View Details
    • New
      $1,600 /Mo
      856 SF

      Flexible Office/Retail Space Available

      Move-in ready office/retail space in prime Wilmington location.
      109 Hinton Ave Unit, Wilmington, NC 28403
      View Details
    • $545 /Mo
      200 SF

      Downtown Wilmington Executive Office Space

      Furnished office space in downtown Wilmington with flexible lease terms.
      404 N 3Rd St, Wilmington, NC 28401
      View Details
    • New
      $1,500 /Mo
      841 SF

      Wilmington Office Space For Lease

      Private executive office space in prime Wilmington location.
      1901 Kent St Unit G, Wilmington, NC 28403
      View Details
    • $1,500 /Mo
      350 SF

      Unique Studio Space in Wilmington

      One-of-a-kind studio in the Cargo District for rent.
      707 S 16Th St, Wilmington, NC 28401
      View Details

    FAQs

    What type of property is this?
    Office space - Office space for rent in downtown Wilmington, North Carolina.
    Where is this office space located?
    The property is located at 106 N Water St Wilmington, NC.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Prime corner office location at Water Street and Chestnut Street.; - Ground level office space in Water Street Center (Unit 112).; - Landlord pays HOA dues, taxes, water/trash/sewer.
    (910) 458-8881
    Request Owner's contact information
    106 N Water St Wilmington, NC 28401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    106 N Water St
    Wilmington, NC 28401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106 N Water St Wilmington, NC 28401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.