412 S 3rd ST Active

Wilmington,NC 28401

$ 2435000

- Bed

0 Bath

6290 SqFt


Key Details

Property Type Commercial

Sub Type Improved

Listing Status Active

Purchase Type For Sale

Square Footage 6,290 sqft

Price per Sqft $387

Subdivision Historic District

MLS Listing ID 100432848

Style Wood Frame

HOA Y/N No

Originating Board North Carolina Regional MLS

Year Built 1903

Annual Tax Amount $5,410

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 66 x 165

Property Description

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.

Location

State NC

County New Hanover

Community Historic District

Zoning HD-R

Direction From Downtown Wilmington take 3rd Street, cross over Market Street to proceed on S 3rd Street.

Rooms

Basement Finished - No,Crawl Space

Interior

Heating Electric,Forced Air,Heat Pump,Natural Gas

Cooling Central Air

Flooring Tile,Wood

Exterior

Garage See Remarks

Utilities Available Natural Gas Available

Waterfront Description None

Roof Type Metal,Shingle

Building

Sewer Municipal Sewer

Water Municipal Water

New Construction No

Others

Tax ID R05405-032-015-000

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition None

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