Bed and Breakfast with Rooftop Hot
For Sale
$1,895,000
500 Arendell Street, Morehead City, NC 28557
Four furnished guest units offer distinct layouts, and can be connected to function as one residence.
Property Size4,896 SF
Price / SF$387.05
Days on Market9
Property Features for 500 Arendell Street
General Information
Standard status
Active
Size
4,896 SF
Property subtype
Multi Family
Additional Details
Business Included
Yes
Currently Operating
Yes
Amenities
hot tub
rooftop entertaining space
Building Details
Building Size
4,896 SF
Year Built
1920
Buildings
1
Listing Agency:
RE/MAX Ocean Properties
Listed By:
Meredith & Matt Team Johnson · License #210529
(252) 269-9177
Source:
Lindarike
Added: Oct 22
Changed: Oct 28
Last Checked: Oct 28 at 1:55PM
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 RE/MAX Ocean Properties
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Investment Insights
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This 4,896-square-foot bed-and-breakfast in Morehead City dates to 1920, when it was built for Tidewater Power Company. Renovated while retaining historic character, the property contains four furnished units. The Flat has two bedrooms, 1.5 baths, a full kitchen and living area; The Residence includes two bedrooms, two full baths, a large kitchen, laundry room and rooftop access. The Loft features a bedroom suite, full kitchen and living room, while The Chamber has a bedroom suite and compact kitchen. The units can be joined into a single residence, though they are currently separated for privacy.
A rooftop hot tub and entertaining area overlook downtown Morehead City’s waterfront, Bogue Sound, Sugarloaf Island, Calico Creek and the Intracoastal Waterway. The property is an established bed-and-breakfast.
A rooftop hot tub and entertaining area overlook downtown Morehead City’s waterfront, Bogue Sound, Sugarloaf Island, Calico Creek and the Intracoastal Waterway. The property is an established bed-and-breakfast.
Key Highlights
- Four furnished units within a 4,896‑square‑foot building
- Built in 1920 for Tidewater Power Company and later renovated
- The Flat and The Residence each have two bedrooms; The Loft and The Chamber each have one‑bedroom suites
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28557, NC
14,910
Population
9,168
Households
1.6
Avg Household Size
50
Median Age
40%
College-Educated
93%
High-School Grad
14.2 sq mi
ZIP Area
1,050
Density / Sq Mi
$67,753
Median Household Income
$38,534
Median Earnings
$1,143
Median Rent
$331,800
Median Home Value
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Similar Off Market Nearby
- Chapel House LLC — 1300 Evans St, Morehead City, NC 28557, United States
- Olympus Dive Lodge — 707 Arendell St, Morehead City, NC 28557
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Four furnished guest units offer distinct layouts, and can be connected to function as one residence.
Where is this bed & breakfast located?
The property is located at 500 Arendell Street Morehead City, NC.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Four furnished units within a 4,896‑square‑foot building; Built in 1920 for Tidewater Power Company and later renovated; The Flat and The Residence each have two bedrooms; The Loft and The Chamber each have one‑bedroom suites
