412 S 3rd Street, Wilmington, NC 28401
$2,175,000
Property Type:
Comm Sale or Lease
Square Footage:
6,290
Lot Size (sq. ft.):
10,890
Status:
Active
Current Price:
$2,175,000
List Date:
8/07/2026
Last Modified:
8/07/2026
Listing Details MLS# 100594749
Contract Info
- Available Date
- 2025-02-11
- Delayed Marketing?
- No
- Marketing Start Date
- 2026-08-07
- Sub-Type
- Business
- Garage
- N/A
- Space
- Yes
- Sale/Lease
- Sale
- Listing Price
- 2175000
- List Price/SqFt
- 345.79
- Stipulation of Sale
- Standard
Location Information
- Street #
- 412
- Pre Direction
- S
- Street Name
- 3rd
- Street Suffix
- Street
- County
- New Hanover
- State/Province
- NC
- Zip Code
- 28401
- City Limits
- Yes
- Marketing City
- Wilmington
- Subdivision
- Not In Subdivision
- Secondary Subdivision
- N/A
Remarks and Showing
- Directions to Property
- Travelling west on Market turn left onto 3rd St. The inn is located on the right between Nun and Church
- Sign on Property
- No
Building Info
- New Construction
- No
BuildingExt Features
- SqFt - Heated (Primary)
- 6290
Legal and Taxes
- Tax Assessed Value
- 2163900
- Total City Real Estate Property Tax
- 5410
- Deed Book
- 6537
- Deed Page
- 2083
- Legal
- Pt Lot 3 Blk 101 Wilm Rev
- Broker Owner
- No
- PID
- R05405-032-015-000
- Tax Identifier
- R05405-032-015-000
- Total Real Estate Property Taxes
- 12734.56
- Special Assessments
- None
- Tax Year
- 2025
- Year Built
- 1903
- 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
- Internet Service Provider(s)
- Spectrum
- 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
- Gross Income
- 312425
- Total Annual Expenses
- 97991
- Net Operating Income
- 244434
- Cap Rate %
- 10.5
- Real Estate Taxes
- 5734
- Insurance Expense
- 9411
Property Features
Business Type:
Bed & Breakfast
Showing Instructions:
Special Instructions
HOA and Neigh Amenities:
No Amenities
Attic:
Access Only
Basement:
Unfinished
Construction:
Wood Frame
Exterior Finish:
Wood Siding
Flooring:
Tile; Wood
Foundation:
Basement; Crawl Space
Fuel Tank:
None
Parking Features:
Off Street; Unpaved; See Remarks
Roof:
Metal; Shingle
Lot Description:
See Remarks
Current Use:
Multi-Family; Residential; Other
Location:
Historic District
Lot Water Features:
None
Cooling:
Central Air
Fireplace Features:
Dining Room; Gas Log; Library; Living Room
Heating:
Forced Air; Heat Pump
Heating System Fuel Source:
Electric; Natural Gas
Water Heater:
Electric
Utilities:
Natural Gas Available; Water Available
Sewer:
Municipal Sewer
Water Source:
Municipal Water
Terms:
1031 Exchange; Cash; Conventional
IDX
Listing Office:
Intracoastal Realty Corporation
Last Updated: August - 07 - 2026
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