215 Pollock St - Hospitality FOR SALE


New Bern, NC 28560- Downtown New Bern
$1,750,000 USD
252-675-3306
215 Pollock St, New Bern, NC for Sale
$1,750,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

215 Pollock St
New Bern, NC 28560
Downtown New Bern


HIGHLIGHTS

  • Historic Inn
  • Separate Owners' Cottage
  • Located in walkable historic district and river front parks

OVERVIEW

The Benjamin Ellis House-A Distinguished Historic Bed & Breakfast in the Heart of Downtown New Bern. Nestled in the heart of New Bern's renowned downtown historic district, the Benjamin Ellis House is a beautifully preserved and fully operational historic inn offering timeless elegance, architectural charm, and an exceptional opportunity to acquire one of the city's most established and successful Bed & Breakfasts. With a strong 40-year history as a viable and contributing business to the historic district, this remarkable property is as much an investment in legacy as it is in lifestyle. The inn features Nine tastefully appointed guest rooms, each with its own private bath, blending period detail with modern comfort. The gracious interiors include a welcoming parlor for guest gatherings, a warm and elegant dining room for breakfast service, and intimate spaces throughout the home for reading, conversation, and relaxation. A spacious, covered front porch with classic rocking chairs invites guests to slow down and enjoy the ambiance of this charming Southern town. A true centerpiece of the property is the expansive, custom designed commercial kitchen, a true chef's dream, crafted by the current owners. The kitchen meets requirements for a restaurant permit presenting unique income-generating possibilities including private dinners, cooking demonstrations, or culinary events, should the next owner choose to expand beyond traditional lodging services. The property includes several private accommodations in addition to the guest suites. A separate 1,857-square-foot owner's cottage sits peacefully on the grounds, offering full privacy and modern amenities within easy reach of the main house. The owners' cottage was completely redesigned and renovated in 2019/2020. Above the detached garage, a 511 SF one-bedroom apartment provides additional flexibility for staff quarters, extended family, or long-term rental potential. Throughout the inn, thoughtful restoration and tasteful décor highlight the property's history while ensuring comfort and style. Off-street parking is available for guests, a valuable asset in this central location, and the property lies within walking distance to New Bern's riverfront, scenic parks, restaurants, breweries, boutique shopping, event venues and key historic attractions including Tryon Palace and the North Carolina History Center. Under current ownership for nearly a decade, the Benjamin Ellis House enjoys strong occupancy rates that exceed both local and national averages. With its proven performance, prime location, and potential for additional hospitality offerings, this is a rare opportunity to acquire a turnkey historic inn with a longstanding reputation and considerable upside.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$187 USD /SF

# OF ROOMS

9

PRICE/ROOM

$194,444 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Benjamin Ellis House Bed & Breakfast

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1852

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,163 SF

ZONING

NC2

APN/PARCEL ID

8-001-B -161

ASK ABOUT THIS PROPERTY

Kimberly WynnColdwell Banker Sea Coast AdvantageMore Info
252-675-3306

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Kimberly WynnColdwell Banker Sea Coast AdvantageMore Info
252-675-3306

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