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Office Space for Lease

5 South Water Street, Wilmington, NC 28401

For Lease
$3,500/Mo

Office space available for lease at 5 S Water St in Wilmington, NC.

Space Size2,150 SF
Property Size9,168 SF
Days on Market138

Property Features for 5 South Water Street

General Information

Standard status Active
Size 2,150 SF
Class B
Property subtype Office
Lease Term NN

Site & Location

Neighborhood Old Wilmington

Building Details

Building Size 9,168 SF
Year Built 1890

Spaces For Lease

at 5 South Water Street Contact us

5 S Water Street Suite A $3,500/Mo

Size 2,150 SF
Term Negotiable
Contact us

5 S Water Street Suite B $3,500/Mo

Size 2,150 SF
Type Office Building
Term Negotiable
Contact us
Listing Agency: SVN Efird Commercial Real Esta
Listed By: Bryce Miller · License NC #357018
Source: Svn
Added: Jun 30 Changed: Nov 5 Last Checked: Nov 14 at 2:58AM

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

Rey
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Investment Insights

Based on property information with market context.

This offering consists of office space for lease, positioned within the category of office buildings and office spaces. It is presented for rental use as commercial real estate intended to accommodate business operations.

The property address is 5 S Water St in Wilmington, North Carolina (28401). As provided, no further details are included regarding building size, suite configuration, interior improvements, or site amenities.

For tenants seeking an office-based location in Wilmington, this space may be a fit for professional services or other office uses, subject to the final terms and any applicable building and landlord requirements. Because the information provided does not specify available layouts, occupancy, or other operational details, interested parties should confirm unit size, configuration, and lease structure directly with the leasing party before proceeding.

Key Highlights

  • Office space available for lease at 5 S Water St, Wilmington, NC.
  • Building was constructed in 1890.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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

NNN (Triple Net)
Lease Type

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Office buildings in Wilmington

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Office space available for lease at 5 S Water St in Wilmington, NC.
Where is this office building located?
The property is located at 5 South Water Street Wilmington, NC.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Office space available for lease at 5 S Water St, Wilmington, NC.; Building was constructed in 1890.
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