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412 S 3rd Street Wilmington, NC $ 2,375,000
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$ 2,375,000 Get more info
412 S 3rd Street
$ 2,375,000
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Share Save

412 S 3rd Street

Wilmington, NC, 28401
$ 2,375,000
Baths0.0 Sq 6,290

Monthly Estimate*

$ 15,785

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Studio

Commercial Property for sale in Wilmington, NC

for $2,375,000. This 6,290 square foot building was built in 1903 on a lot size of 0.25.

Incredible investment and business opportunity right in the heart Wilmington's Historic District. Voted USA Today's 2023 Best Reader Choice Bed and Breakfast, the C.W. Worth House provides outstanding guest services in the Wilmington area. The level of mindfulness, tasteful renovations and charming historic appeal set this B&B opportunity apart from others. This beautiful historic landmark has seven guest rooms in addition to the main owner's suite. Each room has its own private entry, bathroom, and style. The inviting living areas are thoughtfully decorated and enhance the guest experience. Its prime location near downtown, the River Walk, and various dining options, placement within a historic district and room capacity provide a fantastic opportunity for its next owner. This property-business is turnkey read and has advanced booking that enabled the next owner to benefit from all the previous owner's efforts. CW Worth House has received national notoriety for their service and location. CW Worth house was awarded 2022 - Present: Select Registry Property, 2022 & 2023 TripAdvisor Travelers' Choice, 2023 Best Hotel/ Bed & Breakfast in the Cape Fear Region and 2023 USA Today #1 10Best Readers' Choice Best Bed & Breakfast. Considering the Award-Winning Business, Unique Charm, and a solid business plan enables the CW Worth House to continue to excel.

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Commercial Active

Price

$ 2,375,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,410

Style

Bed and Breakfast

Lot Size

0.25

Year Built

1903

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100432848
Features
Exterior
Lot Description See Remarks
Foundation Basement Crawl Space
Number of Parking Spaces 1
Exterior Finish Wood Siding
Lot Dimensions 66 x 165
Parking Features See Remarks
Lot Acres 0.25
Lot Water Feature None
Road Type/Frontage 2 - 3 Lanes Public (City/Cty/St)
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General
Construction Wood Frame
Heating Forced Air Heat Pump
Cooling Central
Utilities Municipal Sewer Municipal Water Natural Gas Available
Possession At Closing
Roof Metal Shingle
Water Heater Electric
current use Other
Zoning HD-R
New Construction No
Subdivision Historic District
County New Hanover
Number of Units 1
Stipulation of Sale None
Property Type G
HOA No
Terms 1031 Exchange Cash Conventional
Location Historic District
Tax Year 2023
Status Active
Lot Sqft 10890.00
Days on Market 78
City Limits Yes
Sub-Type Bed and Breakfast
Year Built 1903
City Wilmington
Airport Less than 5 Miles
County Highway Less than 5 Miles
Interstate Less than 5 Miles
Port 6 - 10 Miles
Rail 6 - 10 Miles
State Highway Less than 5 Miles
Virtual Tour http://www.412south3rdstreet.com?mls
Location Type Mainland
Street Name 3rd
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Interior
Basement Finished - No
Flooring Tile Wood
Ceiling Height 10.00
List Price/SqFt 377.58
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* Excluded Features
List By
Jeffrey G Hovis

Listing Agent

Intracoastal Realty Corp

Broker

jhovis@intracoastalrealty.com

Email

Affordability Calculator

$16,236
Per Month
97%
3%
0%
Monthly Principal & Interest
$15,785
Monthly Property Taxes
$451
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/16/2024$2,375,000 -2.46% Price Down
3/14/2024$2,435,000 Listed Price

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412 S 3rd Street, Wilmington, NC, 28401 is a Commercial Property for sale at $2,375,000 with 6,290 sqft and a lot size of 0.25. 412 S 3rd Street is a studio with 0.0 baths and was built in 1903. The property's zip code is 28401 which is in Wilmington, NC

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