18 S Water Street # Ste 1 Wilmington, NC $ 499,000
18 S Water Street # Ste 1
$ 499,000
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18 S Water Street # Ste 1

Wilmington, NC, 28401
$ 499,000
Bedrooms-- Baths-- Sq 894

Monthly Estimate*

$ 3,113

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Commercial Property for sale in Wilmington, NC

for $499,000. This 894 square foot building was built in 1920 on a lot size of 0.24.

Prime Riverfront Commercial Space in the Iconic J.W. Brooks Building Position your business in one of downtown Wilmington's most recognizable landmarks — Unit 1 of the historic J.W. Brooks Building, located directly on the Cape Fear River with breathtaking waterfront views of the Battleship North Carolina and the downtown skyline. This distinctive space features tall ceilings, exposed brick walls, and large windows that flood the interior with natural light. The combination of historic charm and modern energy creates an inviting environment perfect for a boutique, gallery, café, or professional office seeking a truly exceptional location. Situated directly along the Wilmington Riverwalk, this property enjoys heavy daily foot traffic from locals and visitors alike. Tenants also benefit from access to a private community boat dock and deck overlooking the river, offering an ideal outdoor extension for customer engagement, special events, or simply taking in the view. The J.W. Brooks Building is not only an architectural landmark—it's a piece of Wilmington's cinematic history. Its timeless brick façade and riverfront backdrop have been featured in several major film and television productions, including Dawson's Creek, The Runarounds, The Waterfront, and The Summer I Turned Pretty. This storied connection to Wilmington's film legacy adds a layer of prestige and recognition to an already iconic address. Bring your vision to life in a high-profile waterfront space where history, culture, and commerce converge.

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Commercial Active

Price

$ 499,000

Property Type

Commercial

Taxes

$ 1,118

Style

Commercial Sale

Lot Size

0.24

Year Built

1920

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100534631

Features
General
Heating Electric
Utilities Sewer Available Water Available Electricity Connected Phone Available
Possession Close Of Escrow At Closing
Zoning CBD
HOA Fee 6437.04
Construction Materials Brick
Year Built 1920
View River Water
Unit Number Ste 1
Tax Year 2025
Current Use Commercial
Taxes 1118.74
Location Historic District
Parcel Number R05308-001-001-001
Business Type Commercial
County New Hanover
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
Association Amenities Boat Dock Flood Insurance Maintenance Common Areas Management Sewer Trash Water
HOA Y
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active
Directions From S Front St turn left onto Market St. Then turn left onto S Water St. Building is on the right. Unit number 1
City Wilmington
Lot Size Units Acres
Lot Size Square Feet 10302.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Virtual Tour https://vimeo.com/1122292995
Availability Date 2025-10-06
Standard Status Active
Tax Assessed Value 365600
Legal Description UNIT 1 J W BROOKS BUILDING CONDOMINIUM
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Interior
Basement None
Flooring Wood
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
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Exterior
Exterior Amenities Dock
Exterior Finish Brick
Lot Features Dock
Lot Size Area 0.24
Spa N
Building Area Total 894
Lot Dimensions 183x46
Lot Size Acres 0.24
Road Surface Type Paved
Frontage Type River See Remarks
Waterfront Y/N N
Road Frontage Type City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 18
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* Excluded Features
List By
Edwin L Burnett

Listing Agent

Better Beach Sales & Rentals, Inc.

Broker

edwinburnett@betterbeachsales.com

Email

Affordability Calculator

$3,206
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
$93
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2025$499,000 Listed Price

Map


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18 S Water Street # Ste 1, Wilmington, NC, 28401 is a Commercial Property for sale at $499,000 with 894 sqft and a lot size of 0.24. 18 S Water Street # Ste 1 was built in 1920. The property's zip code is 28401 which is in Wilmington, NC