Search
Renovated Second-Floor Office Suite
For Lease
Contact for pricing

5 S Water St, Wilmington, NC 28401

Renovated second-floor office suite with hardwood floors, open layout, one bath, and Cape Fear River waterfront views.

Property Size2,150 SF
Days on Market137

Property Features for 5 S Water St

General Information

Standard status Active
Size 2,150 SF
Property subtype OFFICE
Lease Type SF/mo

Space & Availability

Floor 2
Condition Move-in Ready

Additional Details

Utilities to Site Yes

Amenities

hardwood floors
open floor plan
1 Bath
storage closets
metered electrical
common water & sewer
waterfront views
Listing Agency: SVN Efird Commercial Real Esta
Listed By: James Efird · License ##363041
Source: Moodyscre
Added: Mar 17 Changed: Jul 30 Last Checked: Jul 30 at 4:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Efird Commercial Real Esta

Investment Insights

Based on property information with market context.

Suite A is a renovated, move-in-ready office space on the second floor, offering hardwood floors and an open floor plan. The suite includes one bath and storage closets, providing practical space for everyday office use.

The building is located in the CBD, and the suite offers Cape Fear River waterfront views. Utilities are set up with metered electrical, along with common water and sewer.

The suite measures 2,150 square feet, making it well-suited for a tenant looking for a compact, efficient office layout.

Key Highlights

  • 2,150 SF second‑floor Suite A office space
  • Renovated and move‑in‑ready with hardwood floors
  • Open floor plan for flexible office layout

Property Analytics

Current Use

Wine & Cocktails | Michael's (Bike/Boat/Book/etc) Store Mixto Restaurant Restaurant Michael's on the Waterfront Restaurant

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,461
Businesses Nearby

Demographics for 28401, NC

22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value

Market

Lease Benchmarks for Wilmington, NC

$57.08 /SF/Yr
Avg Asking Price
$21.19–$288 /SF/Yr
Price Range
1,988 SF
Avg Space Size

This space is priced 66% below the average of $57.08 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Renovated second-floor office suite with hardwood floors, open layout, one bath, and Cape Fear River waterfront views.
Where is this office units located?
The property is located at 5 S Water St Wilmington, NC.
What is the lease rate?
The lease rate is $3,500 /Mo.
What are key features of this property?
This property features: 2,150 SF second‑floor Suite A office space; Renovated and move‑in‑ready with hardwood floors; Open floor plan for flexible office layout
(910) 200-0037 Call to check price and availability
More about this property
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