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76-Room Limited-Service Hotel
For Sale
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4118 Market St, Wilmington, NC 28403

Two-story lodging asset with exterior corridors and direct access to U.S. Route 17 Business.

Property SizeContact for details
Lot Size1.26 Acres
Days on Market106

Property Features for 4118 Market St

General Information

Standard status Active
Lot size 1.26 Acres
Property subtype Hotel

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1973
Stories 2
Listing Agency: Richmond - North
Listed By: Prashant Merchant · License #0225226862
Source: Colliers
Added: May 19 Changed: Aug 30 Last Checked: Aug 31 at 12:41PM

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 Richmond - North

Investment Insights

Based on property information with market context.

This limited-service hotel contains 76 guest rooms across two stories and was constructed in 1973. Exterior-corridor access serves the room layout, providing a straightforward lodging configuration on approximately 1.26 acres. The property is offered on a fee-simple basis and is not subject to third-party management or debt.

The hotel fronts U.S. Route 17 Business with direct access and visibility from the roadway, which carries approximately 35,000 vehicles per day. Its location along this regional route provides clear exposure to passing traffic while maintaining convenient ingress and egress.

Key Highlights

  • 76‑room hotel with a two‑story configuration
  • Limited‑service format with exterior‑corridor access
  • Constructed in 1973

Property Analytics

Current Use

Red Carpet Inn ... Hotel & Motel Studio 6 Wilmington, ... Hotel & Motel

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Storage Facility Electrical Service HVAC Service

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

850
Businesses Nearby

Demographics for 28403, NC

38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Two-story lodging asset with exterior corridors and direct access to U.S. Route 17 Business.
Where is this hotel located?
The property is located at 4118 Market St Wilmington, NC.
What are key features of this property?
This property features: 76‑room hotel with a two‑story configuration; Limited‑service format with exterior‑corridor access; Constructed in 1973
More about this property
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