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    Boutique Hotel in Downtown Wilmington Title is generated by Realmo AI

    505 N 2nd Street, Wilmington, NC 28401

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    For Sale
    $5,599,999

    Luxury boutique hotel with 15 suites in downtown Wilmington.

    Type:Commercial/Industrial
    Property size:
    10,400 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $538/SF
    Added:
    Mar 11, 2026
    Days on Market:
    62
    Last Refresh:
    Apr 6 at 1:44 am

    Property Features for 505 N 2nd Street

    General Information

    Standard status
    Active
    Size
    10,400 SF
    Lot size
    0.12 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1948

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    Listing Contact
    Kristin K Freeman
    Kristin K Freeman

    Listing agent Kristin K Freeman License #282359

    Listing office BlueStar Real Estate, LLC

    Listing date Mar 11, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of BlueStar Real Estate, LLC

    HighLights

    • Prime downtown Wilmington location, steps from major attractions.
    • Exquisitely curated boutique hotel featuring 15 luxury suites, appealing to high‑profile guests.
    • Strong revenue potential driven by consistent demand.
    • High‑quality design with meticulously designed interiors.
    • Each suite features a fully equipped gourmet kitchen and spa‑like en‑suite bathrooms.
    • Streamlined property management systems and potential for value‑added enhancements.

    Overview

    This premier boutique hotel is located in the heart of downtown Wilmington, North Carolina, near top attractions. The hotel features 15 suites that blend historic elegance with modern sophistication. Known for exclusivity, the hotel has become a retreat for high-profile guests. Its location is near the Wilmington Convention Center, Live Oak Pavilion, and The Wilson Center, as well as dining options. The property offers a lodging experience that redefines excellence in Wilmington's hospitality scene. The hotel, originally built in 1948, includes a front building that was completely renovated in 2019 and a back building. The building size is 10,401 square feet on a 0.118-acre lot. The hotel features a contemporary lobby with a guest lounge and restroom, a modern fitness center, premium guest amenities and services, outdoor guest common areas with seating, laundry facilities, and an on-site parking lot lease. Each suite includes a fully equipped gourmet kitchen with appliances, quartz countertops, and premium utensils and cookware, as well as en-suite bathrooms with upscale fixtures and spa-like amenities. Guest rooms are appointed with premium bedding, modern décor, and in-room technology. High-speed Wi-Fi is available throughout the property, which also features eco-friendly initiatives and a keyless guest lock access control system. The property is located in a coastal hub known for its arts scene, shops, waterfront attractions, and cinematic filming.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Hive Hotel & Motel Patricia Roseman Insurance Agency The Bridges Construction Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9464
    Latitude
    34.2289

    FAQs

    What type of property is this?
    Hotel - Luxury boutique hotel with 15 suites in downtown Wilmington.
    Where is this hotel located?
    The property is located at 505 N 2nd Street Wilmington, NC.
    What is the asking price?
    The asking price for this property is $5,599,999.
    What are key features of this property?
    This property features: Prime downtown Wilmington location, steps from major attractions.; Exquisitely curated boutique hotel featuring 15 luxury suites, appealing to high‑profile guests.; Strong revenue potential driven by consistent demand.
    More about this property
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