118 S 4th Street, Wilmington, NC 28401 (MLS# 100601789)

118 S 4th Street, Wilmington, NC 28401

$1,795,000

118 S 4th 2nd- Third and Accessory floor

Property Type: Comm Sale or Lease Square Footage: 4,761 Lot Size (sq. ft.): 10,542 Status: Active

Current Price: $1,795,000 List Date: 9/06/2026 Last Modified: 9/06/2026

Overview

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 lan ... (Read more)

Listing Details MLS# 100601789

Contract Info

Available Date: 2026-09-06
Delayed Marketing?: No
Marketing Start Date: 2026-09-05
Sub-Type: Multi Family
Garage: Private
Space: Yes
Sale/Lease: Sale
Listing Price: 1795000
List Price/SqFt: 377.02
Stipulation of Sale: Standard

Location Information

Street #: 118
Pre Direction: S
Street Name: 4th
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Historic District

Remarks and Showing

Directions to Property: From Downtown Wilmington, take Market Street East. Turn right on to S 4th Street and property is on the right.
Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 4761

Legal and Taxes

Tax Assessed Value: 1326100
Total City Real Estate Property Tax: 8134
Deed Book: 6185
Deed Page: 2444
Legal: Se 4 E 5 Wilmington Blk 141
Broker Owner: No
PID: 311708.87.9761.000
Tax Identifier: R05405-003-004-000
Total Real Estate Property Taxes: 7804.1
Special Assessments: None
Tax Year: 2026
Year Built: 1890
Zoning: HD-R
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes

More Information

Miscellaneous

Ceiling Height: 10
Current Use: Bed and Breakfast

Current Service Providers

Trash Provider: City of Wilmington
Electric Provider: Duke Progress Energy
Natural Gas Provider: Piedmont Natural Gas Co.
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority

Financial Info

Financial Info: Yes

Property Features

Business Type: Bed & Breakfast Showing Instructions: 24 Hour Notice HOA and Neigh Amenities: No Amenities Attic: Access Only Basement: None Construction: Wood Frame Exterior Finish: Wood Siding Structure Type: Multi Family; See Remarks Flooring: Tile; Wood Foundation: Crawl Space Fuel Tank: None Green Bldg Features: None Parking Features: Off Street; Paved Roof: Shingle; Slate Lot Description: Corner Lot Current Use: Multi-Family; Other; See Remarks Possible Use: Multi-Family; See Remarks Location: Historic District Lot Water Features: None Land Details: Included Cooling: Central Air Fireplace Features: Bedroom; Gas Log; See Remarks Heating: Heat Pump Heating System Fuel Source: Electric; Natural Gas Water Heater: Electric; Natural Gas Utilities: Natural Gas Connected; Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Terms: Cash; Conventional; Seller Financing

IDX

Listing Office: Intracoastal Realty Corporation

Last Updated: September - 06 - 2026

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