118 S 4th St - Hospitality FOR SALE


Wilmington, NC 28401- South Side
$1,900,000 USD
910-512-2205
118 S 4th St, Wilmington, NC for Sale
$1,900,000 USD
Hospitality - FOR SALE
1/68
null | Request Cap Rate

118 S 4th St
Wilmington, NC 28401
South Side


OVERVIEW

Stunning Historic Home in the Heart of Downtown Wilmington Welcome to this remarkable historic residence, ideally located in the heart of Downtown Wilmington's Historic District. Originally constructed in 1890, this 4,546 sq ft property is steeped in history and has been thoughtfully reimagined by its current owners—transforming a former Bed & Breakfast into a stylish and versatile retreat while preserving the unique architectural character of the home. Property Features: Three expansive levels of beautifully renovated living space Main level features a welcoming foyer, formal living and dining rooms, a fully equipped kitchen, and a primary master suite Second level offers three luxurious ensuites, each designed for maximum comfort Third level includes two additional private ensuites, perfect for guests or extended stays A private accessory unit with separate access expands the potential for additional accommodations or flexible living arrangements This property comes with a four-room Bed & Breakfast permit—a rare opportunity that opens the door to a thriving business venture or elegant private residence. The sale includes all furnishings, making it truly turnkey for your next chapter. Additional Highlights: Lofty ceilings, intricate crown molding, and original large-scale windows throughout Custom-designed closets in each room Beautifully landscaped gardens providing a tranquil oasis in the heart of the city Every room uniquely designed and meticulously appointed Located just steps from downtown Wilmington's best restaurants, galleries, theaters, and boutiques, this home offers the perfect blend of history, luxury, and location.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$390 USD /SF

# OF ROOMS

5

PRICE/ROOM

$380,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dreamers BnB

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1890

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 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 Notice.