LEASE - Restaurant on the Riverwalk - 224 S. Water St

Retail-Commercial for Lease
Catylist Listing ID: 30638933
Property Subtypes: Restaurant
Contiguous Space: 1,200 SF
Gross Building Area: See Agent
Lease Rate: $4,750 (Monthly)
$47.50 PSF (Annual)
Lease Types: Modified Gross
Last Updated: 11/16/2020

Overview / Comments

Rare opportunity to operate restaurant space along Historic Downtown Wilmington's beautiful Riverwalk, recognized by USA Today as "Best American Riverfront". Annual pedestrian count along the Riverwalk is 1M+.
The perfect location to enjoy a nice glass of wine while watching the sunset. The restaurant space occupies 2 condo units totaling 1200 sf of interior dining room/bar/wine shop with custom wood furnishings & storage. There is 360 sf of covered exterior seating with ceiling fans and an additional 1200 sf uncovered space facing the Cape Fear River. Interior seating of 46 & outdoor seating 72+.

Expand All Available Space

Suite: 1F and 1G 1,200 SF $4,750 (Monthly) Modified Gross
Space Available: 1,200 SF
Lease Rate: $4,750 (Monthly)
$47.50 PSF (Annual)
Lease Type: Modified Gross
Date Available: 6/10/2020
Space Type: Sublet

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R05308-007-002-000
Zoning: CBD
Retail Clientele: General
Property Located Between: Water St and Riverwalk boardwalk.
Site Description: Recognized by USA Today as "Best American Riverfront"
Tenancy: Single Tenant
Exterior Description: Located on the famed Riverwalk boardwalk on Cape Fear River in Downtown Wilmington
Interior Description: Custom interior wood furnishings & storage. Wine keeper preserver & dispenser, main dining room, bar wine shop/host room, outside seating (covered w/ceiling fans) over looking Cape Fear River.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,591 34,521 111,009
Median Age: 36.07 38.18 36.37
Households: 3,914 15,805 48,167

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