118 S 4th St - Hospitality FOR SALE


Wilmington, NC 28401
$1,785,000 USD
910-512-2205
118 S 4th St, Wilmington, NC for Sale
$1,785,000 USD
Hospitality - FOR SALE
1/50
null | Request Cap Rate

118 S 4th St
Wilmington, NC 28401


OVERVIEW

Stunning Historic Home that is located right in the heart of Historic Downtown Wilmington. This property is rich with history dating back to 1890. The current owners transformed a Historic Bed and Breakfast into stylish accommodations in downtown Wilmington, while showcasing the unique historical character of the property. This 4,546 Square foot property has a four room Bed and Breakfast suites permit. This property comes fully furnished. This grand location has a private access accessory unit that can serve as a long-term rental. The main home has six master suites, generously sized foyer, and common areas for all to enjoy. The level of detail can be seen in the beautifully landscaped gardens and throughout the uniquely renovated home decor. Every room was uniquely designed and appointed. All rooms feature high ceilings, crown molding, custom-designed closets and the large original-scale windows provide wonderful natural lighting throughout the property. Guest rooms have Wi-Fi, Bluetooth speakers, aromatic oil diffusers, en-suite bathrooms and custom fabrics and comforts. Property comes with all house furnishings. This is an incredible property to add to anyone's portfolio or an incredible live, work and play opportunity. Property is within steps of downtown restaurants, entertainment venues, shopping, the arts and so much more.....

FOR SALE DETAILS

PRICE

$1,785,000 USD

PRICE/SF

$375 USD /SF

# OF ROOMS

5

PRICE/ROOM

$357,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DREAMERS by DW

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1890

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

HD-R

APN/PARCEL ID

R05405-003-004-000

ASK ABOUT THIS PROPERTY

Jeff HovisIntracoastal Realty CorporationMore Info
910-512-2205

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Jeff HovisIntracoastal Realty CorporationMore Info
910-512-2205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.