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    718 Pollock St New Bern, NC 28562

    For Sale
    $685,000

    Charming Inn, 5 Guest Rooms, Downtown

    Property size:
    3,335 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional property, located at 718 Pollock Street in the heart of historic New Bern, NC, presents a unique investment opportunity. The main house, circa 1805, boasts 3,335 square feet of living space, including a renovated chef's kitchen with granite countertops and a Wolf gas range, a large dining room with a fireplace, and private owner's quarters on the main level encompassing a den, bedroom, office, and full bathroom. Upstairs, three guest rooms are available, one with an en-suite bathroom, plus an additional hall bath. A third-floor area offers two finished rooms, ideal for storage or flexible use. A detached two-car garage includes a 266-square-foot finished bonus room above, potentially usable as a studio or private retreat. A separate 322-square-foot guest cottage adds another large bedroom/sitting area and private bath, completing the five-guest-room setup. The property's central location offers easy walking access to downtown New Bern's historic district, including shopping, restaurants, the riverwalk, parks, and historic sites. Its prime location and zoning allow for various uses, including a family residence (especially suitable for multi-generational families), or continued operation as a bed and breakfast, or other income-producing ventures such as Airbnb. The property's numerous features and updates are detailed in supplemental materials. The asking price is $685,000. The property is zoned for commercial use and is located in Craven County, NC, zip code 28562.

    Property Features for 718 Pollock St

    General Information

    Property type
    Distribution properties
    Square Feet
    3,335 SF

    HighLights

    • $685,000 asking price.
    • 3,335 square foot industrial property with land in New Bern, NC.
    • Located at 718 Pollock Street, New Bern, NC 28562.
    • Currently operating as a bed and breakfast with multiple income‑producing options.
    • Features a main house (circa 1805), a two‑car garage with a finished bonus room, and a separate guest cottage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Captain's Stay Bed ... Bed & Breakfast

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    New Bern
    County
    Craven
    State
    North Carolina
    Longitude
    -77.0456635
    Latitude
    35.1073858

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    FAQs

    What type of property is this?
    Distribution property - Charming Inn, 5 Guest Rooms, Downtown
    Where is this distribution property located?
    The property is located at 718 Pollock St New Bern, NC.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: $685,000 asking price.; 3,335 square foot industrial property with land in New Bern, NC.; Located at 718 Pollock Street, New Bern, NC 28562.
    Request Owner's contact information
    718 Pollock St New Bern, NC 28562
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    New Bern, NC 28562
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    718 Pollock St New Bern, NC 28562
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