118 S 4th Street Wilmington, NC 28401
Listing Courtesy of: MLS LogoHive MLS / Listed By: Intracoastal Realty Corporation

  118 S 4th Street Wilmington, NC 28401

Active (6 Days)
$1,795,000 (USD)

Description

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.

MLS #:
100601789
Lot Size
10,542 SQFT
Type
Commerical
Year Built
1890
County
New Hanover County

Listed By

Jeff Hovis, Lumina Station
Sky Grainger, Lumina Station
Source
Hive MLS
Last checked Sep 10 2026 at 8:31 PM GMT+0000
Bathroom Details
Subdivision
  • Historic District
Lot Information
  • Corner Lot
  • See Remarks
Property Features
  • Foundation: Crawl Space
Heating and Cooling
  • Heat Pump
  • Electric
  • Natural Gas
  • Central Air
Flooring
  • Tile
  • Wood
Exterior Features
  • Wood Siding
  • Roof: Shingle
  • Roof: Slate
Utility Information
  • Utilities: Natural Gas Connected, Sewer Available, Water Available
  • Sewer: Municipal Sewer, Cape Fear Public Utility Authority
Parking
  • Off Street
  • Paved
Location
   
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Estimated Monthly Mortgage Payment

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