(864) 362-2375
118 4th Street
$1,795,000

118 4th Street, Wilmington, NC 28401

0Baths
4,761SQFT
0.24Acres
1890YearYear Built

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.

Location

Key Facts

Status: Active
Type: Commercial Sale
Neighborhood: Historic District
Annual Taxes: $7,804
HOA Fees: $0
MLS: Hive
MLS #: 100601789

Features

Multi Family
Electric Water Heater
Gas Water Heater

Mortgage Calculator

$9,076Estimated monthly payment

Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.

History

Current list price: $1,795,000
Status: Active — For Sale
Days on market: 2
Last updated: Sep 6, 2026

Schools

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Listing courtesy of Intracoastal Realty Corporation
Source MLS #: 100601789
Last updated: Sep 6, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.