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412 S 3rd Street

Wilmington, NC 28401
  • $2,375,000
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: 100432848
Price Reduced
UPDATED: 106 min ago
$2,375,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,290
    SQFT
  • $378
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1903
County:
Area:

School Ratings & Info

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.

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Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-05-22T14:58:41.97.
www.lindarike.com/homes/148584703
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412 S 3rd Street Wilmington, NC 28401

  • Price: $2,375,000
  • Status: Active
  • On Site: 68 Days
  • Updated: 106 min ago
  • MLS #: 100432848
0
Beds
0
Baths
0
½ Baths
0.25
Acres
6,290
SQFT
$378
$/SQFT
1903
Built
Neighborhood:
Historic District
County:
New Hanover
Area:
Wilmington
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.
Exterior Features

Construction Wood Frame Exterior Finish Wood Siding Foundation BasementCrawl Space Location Historic District Location Type Mainland Lot Description See Remarks Lot Dimensions 66 x 165 Lot Water Features None Number Of Parking Spaces 1 Parking Driveway See Remarks Road Type Frontage 2 - 3 LanesPublic (City/Cty/St) Roof MetalShingle

Interior Features

Basement Finished - No Ceiling Height 10.00 Cooling System Central Flooring TileWood Heating System Forced AirHeat Pump Sq Ft Total Available 6290.00 Water Heater Electric

Property Features

Airport Less than 5 Miles City Limits Yes Cobra Zone No Commercial Sub Type Bed and Breakfast County Highway Less than 5 Miles County Taxes 5410.00 Current Use Bed and Breakfast Current Use1 Other Federal Flood Ins Avlbl Yes Financial Info Yes Fuel Tank None Gross Income 337500.00 Hoa Amenities No Amenities Hoa YN No Insurance Expense 9411.00 Interstate Less than 5 Miles Net Operating Income 223328.00 New Construction No Port 6 - 10 Miles Possession At Closing Property Taxes 5410.54 Rail 6 - 10 Miles Real Estate Taxes 5410.00 Sale Lease Includes BuildingsBusinessFixturesFurnitureInventoryLicenses/PermitsSee Remarks Sale Or Lease Sale Sewer Provider Cape Fear Public Utility Authority State Highway Less than 5 Miles Stipulation Of Sale None Tax Year 2023 Terms 1031 ExchangeCashConventional Total Annual Expenses 114192.00 Water Provider Cape Fear Public Utility Authority Water Sewer Municipal SewerMunicipal WaterNatural Gas Available Zoning HD-R



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of Jeffrey Hovis of Intracoastal Realty Corp: (910) 256-4503.


Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-05-22T14:58:41.97.
 
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Linda Rike Real Estate
1410 Arendell St.
Morehead City NC, 28557