118 S 4th Street, Wilmington, NC 28401

$1,795,000
  • 118 S 4th Street, Wilmington, NC 28401 Main Photo

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Active
SQUARE FEET4,761 MLS#100601789
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONHistoric District

Property Description

The property features six private ensuite guest bedrooms distributed across three floors, providing an attractive layout for guest privacy and separation between owner and visitors. A fully separate one-bedroom accessory unit offers additional flexibility for an owner's quarters, manager's residence, guest accommodations, or additional income-producing use.Currently operating as a Bed & Breakfast, the property has a B&B permit for up to four rooms, offering an opportunity for a new owner to continue the existing hospitality operation while exploring additional revenue opportunities, subject to applicable approvals.The business and property are being offered fully furnished and turnkey, allowing a new owner to step into an established hospitality setting without the need to furnish or create the guest experience from scratch.The property showcases unique interior design, hardwood floors, large windows providing abundant natural light, spacious entertainment areas, mature landscaping, private gardens, and a wrought-iron fenced outdoor setting. A garage provides valuable additional functionality rarely found with downtown hospitality properties.Located on a charming tree-lined brick street within Historic Downtown Wilmington, the property is ideally positioned near the city's renowned restaurants, shops, entertainment, waterfront, cultural attractions, and nightlife. Wilmington's beaches are also just a short drive away.This is a compelling opportunity for an entrepreneur, hospitality operator, investor, or buyer seeking a unique combination of established B&B business, prime downtown location, historic property, and multiple future-use possibilities.

118 S 4th Street | MLS# 100601789

This commercial property located at 118 S 4th Street, Wilmington, NC 28401 is currently listed for sale with an asking price of $1,795,000. Search Wilmington real estate on chelseybabb.century21thomas.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Electric, Heat Pump, Natural Gas
Lot Size: 0.24 Acres
Roof Type: Shingle, Slate
Taxes: $8,134
Year Built: 1890

Feature Descriptions

Days on Site: 19
Exterior: Wood Siding, Wood Frame
Flooring: Tile, Wood
Lot: See Remarks, Corner Lot
Lot Dimensions: 90 x 118
Parcel#: R05405-003-004-000
Parking: Off Street, Paved
Parking Notes: Off Street, Paved
Sewer: Municipal Sewer, Cape Fear Public Utility Authority
Units: 1
Utilities: Natural Gas Connected, Sewer Available, Water Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: Intracoastal Realty Corporation
Agency Phone: 910-256-4503

Shown By

Agent Name: Chelsey Babb
Agent Phone: Cell: (843) 241-5747
Agency Title: CENTURY 21 Thomas

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