412 S 3rd ST Active Save Request In-Person Tour Request Virtual Tour
Wilmington,NC 28401
Key Details
Property Type Commercial
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,290 sqft
Price per Sqft $368
Subdivision Not In Subdivision
MLS Listing ID 100488400
Style Wood Frame
HOA Y/N No
Originating Board Hive MLS
Year Built 1903
Annual Tax Amount $5,570
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 66 x 165 and 32 x 55
Property Sub-Type Multi-Family
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. Also included is a vacant parcel that is currently used by the owners for parking.
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 ready 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 Not In Subdivision
Zoning HD-R
Direction From Downtown Wilmington, Take South 3rd Street our of downtown. Property is at 412 S 3rd Street on the right hand side.
Rooms
Basement Finished - No,Crawl Space
Interior
Heating Electric,Forced Air,Heat Pump,Natural Gas
Cooling Central Air
Flooring Tile,Wood
Exterior
Parking Features See Remarks,Off Street,Unpaved
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