116-118 S Water Street
Prime Downtown Wilmington Mixed-Use Investment Opportunity-Turnkey, Leased and Exceptionally Versatile. Welcome to 116-118 S. Water Street, a professionally rehabbed mixed-use commercial property offering a rare combination of retail, bar, and office suites in the heart of downtown Wilmington. Thoughtfully renovated with designer-level finishes, this essentially new-construction building has been reimagined for flexibility, functionality, and long-term appeal. Featuring a blend of turnkey leased spaces, the property is well-suited for investors seeking income-producing real estate or owner-users looking for a dynamic business environment. All bathrooms are ADA compliant, and the property is zoned B-2A, allowing for a wide range of potential uses. Ideally positioned along the water in Wilmington's downtown corridor, the property offers a unique waterfront setting that enhances its appeal for retail, hospitality, office, or entertainment uses, while benefiting from excellent visibility, accessibility, and strong presence. This is an exceptional opportunity to add a quality mixed-use asset to your investment portfolio.
- The Rustic Inn 50 ft
- Hayden's Pub and Grill 100 ft
- Route 66 Bar & Grill 250 ft
- Corner Tap 300 ft
- Nelly's 450 ft
- Pizza Hut 500 ft
- Mobil Mart 550 ft
- Shell 0.5 mi
- Berkot's Super Foods 0.6 mi
- Circle K 0.7 mi
- Claire's Corner 100 ft
- North Island Park 850 ft
- South Island Park 0.4 mi
- Veteran's Memorial Park 0.5 mi
- Riley's Garden 0.7 mi
- Children's Memorial Park 0.7 mi
- Mimi's Cafe 350 ft
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12631492