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118 S 4TH ST Wilmington NC 28401-4569

[Locked] • APN R05405-003-004-000

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Details
Property Type Hospitality
Sub Type Motel
Building SqFt 4,761
Lot SqFt 10,542
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code HD-R
Year Built 1890
Building Count 1
Opportunity Zone Yes
Sale NOI ******
Sale Cap Rate ******
Mortgage Amount ******

Property History

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Property Type
Property Type
Hospitality
Property Subtype
Motel
Marketing Description

Stunning Historic Home in the Heart of Downtown Wilmington

Welcome to this remarkable historic residence, ideally located in the heart of Downtown Wilmington's Historic District. Originally constructed in 1890, this 4,546 sq ft property is steeped in history and has been thoughtfully reimagined by its current owners—transforming a former Bed & Breakfast into a stylish and versatile retreat while preserving the unique architectural character of the home.​

Property Features:

Three expansive levels of beautifully renovated living space

Main level features a welcoming foyer, formal living and dining rooms, a fully equipped kitchen, and a primary master suite

Second level offers three luxurious ensuites, each designed for maximum comfort

Third level includes two additional private ensuites, perfect for guests or extended stays

A private accessory unit with separate access expands the potential for additional accommodations or flexible living arrangements

This property comes with a four-room Bed & Breakfast permit—a rare opportunity that opens the door to a thriving business venture or elegant private residence.​ The sale includes all furnishings, making it truly turnkey for your next chapter.​

Additional Highlights:

Lofty ceilings, intricate crown molding, and original large-scale windows throughout

Custom-designed closets in each room

Beautifully landscaped gardens providing a tranquil oasis in the heart of the city

Every room uniquely designed and meticulously appointed

Located just steps from downtown Wilmington's best restaurants, galleries, theaters, and boutiques, this home offers the perfect blend of history, luxury, and location.​

Property Type
Property Type
Hospitality
Property Subtype
Hotel
Asking Details
Asking Cap Rate
******
Marketing Description

Stunning Historic Home that is located right in the heart of Historic Downtown Wilmington. This property is rich with history dating back to 1890. The current owners transformed a Historic Bed and Breakfast into stylish accommodations in downtown Wilmington, while showcasing the unique historical character of the property. This 4,546 Square foot property has a four room Bed and Breakfast suites permit. This property comes fully furnished. This grand location has a private access accessory unit that can serve as a long-term rental. The main home has six master suites, generously sized foyer, and common areas for all to enjoy. The level of detail can be seen in the beautifully landscaped gardens and throughout the uniquely renovated home decor. Every room was uniquely designed and appointed. All rooms feature high ceilings, crown molding, custom-designed closets and the large original-scale windows provide wonderful natural lighting throughout the property. Guest rooms have Wi-Fi, Bluetooth speakers, aromatic oil diffusers, en-suite bathrooms and custom fabrics and comforts. Property comes with all house furnishings. This is an incredible property to add to anyone's portfolio or an incredible live, work and play opportunity. Property is within steps of downtown restaurants, entertainment venues, shopping, the arts and so much more.....

Investment Highlights

Well renowned Bed & Breakfast

Unique City Permit

Historic District

Attached Accessory Unit

Flexible income

Sale Date
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Sold Price
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Buyer Borrower 1 Name
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Buyer Borrower 2 Middle Initial
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Buyer Borrower 2 Name
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Mortgage Recording Date
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Mortgage Maturity Date
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Mortgage Term
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Document Number
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Document Type
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Mortgage Interest Rate
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Mortgage Loan Type
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Mortgage Lender Name
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Loan Amount
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Mortgage Document Date
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Recording Book
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Recording Page
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Resale Flag
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Sales Price Code
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Seller 1 Corp Indicator
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Transaction Type
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Mortgage Loan Trans Type
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Seller 1 Name
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Transfer Tax
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Sold By
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Sold To
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Loan History

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Financial History

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****** Data
Net Operating Income
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Reporting Date
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Tax History

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Contact Information

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Ownership Information

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Zoning

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HDR ResidentialTwo FamilyHistoric District Residential
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Sold on
 BY:
JH
Jeff Hovis PRO
•••.•••.2205
••ovis@••••••••••••••••••.com
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