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$1,795,000
28 Days On Site

118 S 4th Street
Wilmington, NC 28401

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,761
SqFt
$377
/SqFt
1890
Built
Subdivision:
Historic District
County:
New Hanover
118 S 4th Street118 S 4th Street118 S 4th Street118 S 4th Street
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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.

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Listing Snapshot
Price 
$1,795,000
Days On Site 
28 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,761 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.24 Acres
Year Built 
1890
MLS® Number 
100601789
Status 
Active
Property Tax 
$7,804.1
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing first seen on site
4 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.24
Additional Property Use 
OtherMulti-FamilySee Remarks
Available on 
2026-09-06
Parking 
Off StreetPaved
Parking Spaces 
4
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
4761
Utilities 
Natural Gas ConnectedSewer AvailableWater Available
Water Source 
Public
Zoning 
HD-R
Interior Features
Appliances 
Electric Water HeaterGas Water Heater
Basement 
NoneCrawl Space
Cooling 
Central Air
Flooring 
TileWood
Heating 
ElectricHeat PumpNatural Gas
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Exterior Features
Construction Details 
Wood SidingFrame
Lot Features 
See RemarksCorner Lot
Road Frontage 
AlleyCity StreetState Road
Roof 
ShingleSlate
Community Features
Association Amenities 
None
Financing Terms Available 
CashConventional
Roads 
Paved
Listing courtesy of Jeffrey G Hovis of Intracoastal Realty Corporation



The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2026-10-04 02:34 PM UTC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright 2026 Hive MLS

Neighborhood & Commute
Source: Walkscore
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