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Highlights

  • Prime corner location at Water Street & Chestnut Street
  • Convenient access to nearby parking and major thoroughfares
  • Walkable to the Riverwalk, restaurants, retail, hotels, and downtown amenities

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 6,746 SF
  • Negotiable
  • $30.00 /SF/YR $2.50 /SF/MO $202,380 /YR $16,865 /MO
  • Retail
  • -
  • Now

6,746 SF available for lease at River Place Second-generation retail/office space Ground-floor location in a Class A mixed-use building Currently occupied by AXIS Fitness Training Located beneath Ruth’s Chris Steak House and adjacent to Mellow Mushroom Prime corner location at Water Street & Chestnut Street Exceptional visibility and pedestrian traffic Walkable to the Riverwalk, restaurants, retail, hotels, and downtown amenities Convenient access to nearby parking and major thoroughfares Lease Rate: $30.00/yr/SF (NNN)

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 6,746 SF Negotiable $30.00 /SF/YR $2.50 /SF/MO $202,380 /YR $16,865 /MO Retail - Now

1st Floor

Size
6,746 SF
Term
Negotiable
Rental Rate
$30.00 /SF/YR $2.50 /SF/MO $202,380 /YR $16,865 /MO
Space Use
Retail
Build-Out
-
Available
Now

1st Floor

Size 6,746 SF
Term Negotiable
Rental Rate $30.00 /SF/YR
Space Use Retail
Build-Out -
Available Now

6,746 SF available for lease at River Place Second-generation retail/office space Ground-floor location in a Class A mixed-use building Currently occupied by AXIS Fitness Training Located beneath Ruth’s Chris Steak House and adjacent to Mellow Mushroom Prime corner location at Water Street & Chestnut Street Exceptional visibility and pedestrian traffic Walkable to the Riverwalk, restaurants, retail, hotels, and downtown amenities Convenient access to nearby parking and major thoroughfares Lease Rate: $30.00/yr/SF (NNN)

  • Lease rate does not include utilities, property expenses or building services

Property Facts

Total Space Available 6,746 SF
Property Type Specialty
Building Size 34,000 SF
Year Built 2019

About the Property

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.

Exceptionally walkable
90/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100

Nearby Major Retailers

Bank of America
Ruth's Chris Steak House
United Bank
Port City Java
First Bank NC
First Citizens Bank
Truist
CrossFit
  • Listing ID: 41582512

  • Date on Market: 8/6/2026

  • Last Updated:

  • Address: 240 N Water St, Wilmington, NC 28401

Contact the Leasing Agent

River Place | 240 N Water St

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