Four-Unit Bed &
New
For Sale
$1,895,000
500 Arendell Street, Morehead City, NC 28557
Commercial Sale, Morehead City, NC
Property Size4,896 SF
Lot Size0.08 Acres
Price / SF$387.05
Days on Market3
Property Features for 500 Arendell Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
DB
Parking
2
Parking features
Open, Garage, On Street
Subdivision
Not In Subdivision
Lot features
Corner Lot
View
Water, Marina
Directions
Property is in heart of downtown on corner of Arendell St (Hwy 70) and North 5th St
Standard status
Active
APN
638620814325000
Size
4,896 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
L1 2 B6 MOREHEAD CITY 0.0810 AC
Legal Description
L1 2 B6 MOREHEAD CITY 0.0810 AC
Utilities
Utilities
Natural Gas Available
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air, Heat Pump
Water source
Public
Building Details
Year built
1920
Number of units
4
Flooring type
Tile, Wood
Building materials
Block, Concrete, Stucco, Wood Siding, Wood Frame
Roof type
Flat, Membrane
Listing Agency:
RE/MAX Ocean Properties · RE/MAX International
(252) 222-3222
Listed By:
Meredith & Matt Team Johnson · License #210529
(252) 269-9177
Added: Oct 21
Changed: Oct 22
Last Checked: Oct 23 at 8:06PM
MLS# 100612016
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.
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Investment Insights
Based on property information with market context.
This 4,896-square-foot bed and breakfast occupies a building constructed in 1920 and later renovated. The property contains four furnished units: a two-bedroom, 1.5-bath unit with a full kitchen; a larger two-bedroom, two-bath residence with laundry, a full kitchen and rooftop access; and two one-bedroom suites, each with a kitchen. The units are currently separated, and the property information notes they can be connected into one residence. A rooftop hot tub and entertaining area overlook downtown Morehead City, Bogue Sound, Sugarloaf Island, Calico Creek and the Intracoastal Waterway.
The property is at 500 Arendell Street in Morehead City, near the waterfront. It sits on a 0.08-acre lot and has DB zoning. Parking features include open parking, on-street parking and a garage.
The property is at 500 Arendell Street in Morehead City, near the waterfront. It sits on a 0.08-acre lot and has DB zoning. Parking features include open parking, on-street parking and a garage.
Key Highlights
- Four furnished units in 4,896 square feet
- 0.08‑acre lot with DB zoning
- Building constructed in 1920 and subsequently renovated
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
Well-served
Demand for This Use
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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 include private kitchens and varied living arrangements.
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 in 4,896 square feet; 0.08‑acre lot with DB zoning; Building constructed in 1920 and subsequently renovated
