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Bed & Breakfast With Accessory Unit
New
For Sale
$1,795,000

118 S 4th Street, Wilmington, NC 28401

Commercial Sale, Wilmington, NC

Property Size4,761 SF
Lot Size0.24 Acres
Price / SF$377.02
Days on Market3

Property Features for 118 S 4th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning HD-R
Parking 4
Parking features Off Street
Subdivision Historic District
Lot features Corner Lot
Directions From Downtown Wilmington, take Market Street East. Turn right on to S 4th Street and property is on the right.
Standard status Active
APN R05405-003-004-000
Size 4,761 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Se 4 E 5 Wilmington Blk 141
Tax Annual Amount 7804
Legal Description Se 4 E 5 Wilmington Blk 141

Utilities

Utilities Water Available
Heating system Natural Gas, Electric (Heating), Heat Pump (Heating)
Cooling system Central Air
Water source Public

Amenities

unique interior design
hardwood floors
large windows providing abundant natural light
spacious entertainment areas
mature landscaping
private gardens
wrought-iron fenced outdoor setting
garage

Building Details

Year built 1890
Number of units 1
Flooring type Wood, Tile
Building materials Wood Siding, Wood Frame
Roof type Shingle, Slate
Listing Agency: Intracoastal Realty Corporation
Listed By: Jeffrey G Hovis · License #234605
Added: Sep 5 Changed: Sep 6 Last Checked: Sep 7 at 10:06PM
MLS# 100601789

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Operating as a Bed & Breakfast, this 4,761-square-foot property includes six private ensuite guest bedrooms arranged across three floors. A separate one-bedroom accessory unit adds flexibility for owner or manager housing, guest use, or additional income-producing use, subject to applicable approvals. The property is offered fully furnished and includes hardwood and tile flooring, large windows, entertainment areas, private gardens, mature landscaping, a wrought-iron fence, and a garage. Central air, multiple heating systems, public water, and water availability are also present.

Built in 1890 on a 0.242-acre parcel, the property is located at 118 S 4th Street in Historic Downtown Wilmington. Its setting on a tree-lined brick street places it near restaurants, shops, entertainment, the waterfront, cultural attractions, and nightlife. Wilmington beaches are a short drive away. The property carries HD-R zoning and has a B&B permit for up to four rooms.

Key Highlights

  • Six private ensuite guest bedrooms across three floors
  • Separate one‑bedroom accessory unit
  • 4,761 square feet on a 0.242‑acre parcel

Property Analytics

Current Use

DREAMERS by DW Bed & Breakfast

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Veterinary Clinic Carpet & Flooring Store Butcher Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,582
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28401, NC

22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Nacho Mama's - Serious Hospitality 416 S Front St, Wilmington, NC 28401
  • Hoge-Wood House Bed & Breakfast 407 S 3rd St, Wilmington, NC 28401
  • The Inn at City Club 23 S 2nd St, Wilmington, NC 28401
  • Rosehill Inn Bed & Breakfast 114 S 3rd St, Wilmington, NC 28401
  • The French House 103 S 4th St, Wilmington, NC 28401

Frequently Asked Questions

What type of property is this?
Bed & breakfast - Furnished hospitality property with private guest suites, a separate accessory unit, mature landscaping, and off-street parking.
Where is this bed & breakfast located?
The property is located at 118 S 4th Street Wilmington, NC.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Six private ensuite guest bedrooms across three floors; Separate one‑bedroom accessory unit; 4,761 square feet on a 0.242‑acre parcel
More about this property
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