118 S 4th Street

About this home

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.

Facts

Type

Multi Family

Year built

1890

Lot

0.24 acres

Community

Historic District

County

New Hanover

MLS #

100601789

Features

About 118 S 4th Street

118 S 4th Street is a home, built in 1890, on 0.24 acres in Historic District, Wilmington, New Hanover County, NC 28401.

14 other homes are for sale in Historic District right now (median asking $904,500); 64 homes sold there in the last 12 months at a median of $455,000, typically in about 53 days.

It has been on the market for 17 days.

Historic District neighborhood guideHomes for sale in WilmingtonNew Hanover County homes

Buying 118 S 4th Street

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