412 S 3rd Street Wilmington, NC $ 2,175,000
412 S 3rd Street
$ 2,175,000
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412 S 3rd Street

Wilmington, NC, 28401
$ 2,175,000
Bedrooms-- Baths-- Sq 6,290

Monthly Estimate*

$ 13,733

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Commercial Property for sale in Wilmington, NC

for $2,175,000. This 6,290 square foot building was built in 1903 on a lot size of 0.25.

**An Exceptional Hospitality Opportunity: The Historic CW Worth House Bed & Breakfast** Seize the rare opportunity to own a turnkey piece of history with the beautifully maintained CW Worth House, an iconic Queen Anne style estate built in 1893. Operating within Wilmington's prestigious National Register Historic District, this stunning property is perfectly designed for a premier luxury boutique inn or bed and breakfast. Boasting 8 spacious guest bedrooms and 9 bathrooms, the estate provides the ultimate blend of historic grandeur, guest privacy, and seamless hospitality operations. The property immediately captivates visitors with its striking Victorian architecture and wonderfully maintained, lushly landscaped grounds that offer a serene oasis for morning coffee or evening relaxation. Inside, guests are welcomed by timeless Southern charm, showcased through soaring ceilings, exquisite period millwork, and amazing, polished hardwood floors that gleam under abundant natural light. Each generously sized bedroom serves as a private retreat, while the elegant common areas provide a warm, sophisticated ambiance for gathering and dining. Location is everything in hospitality, and this estate is perfectly positioned in one of the largest and most picturesque historic districts in the South, rivaling the charm of Charleston and Savannah. Guests will love stepping outside to explore the 230-plus historic blocks via a self-guided stroll or a romantic horse-drawn carriage ride. Located just moments from the vibrant downtown riverwalk, top-tier dining, local craft pubs, theater, and eclectic retail shops, the CW Worth House offers a highly desirable destination for travelers seeking an authentic historic experience. Don't miss this chance to acquire a landmark property with an established legacy in a thriving coastal Carolina market.

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Commercial Active

Price

$ 2,175,000

Property Type

Commercial

Taxes

$ 5,734

Style

Business

Lot Size

0.25

Year Built

1903

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100594749

Features
General
Heating Electric Forced Air Heat Pump Natural Gas
Cooling Central Air
Utilities Natural Gas Available Water Available
Possession Close Of Escrow At Closing
Roof Metal Shingle
Zoning HD-R
Construction Materials Wood Siding Wood Frame
Year Built 1903
Property Subtype Business
Tax Year 2025
Current Use Other Residential Multi-Family Bed and Breakfast
Taxes 5734.0
Location Historic District
Parcel Number R05405-032-015-000
Gross Income 312425.0
Business Type Bed & Breakfast
Waterfront Features None
County New Hanover
Net Operating Income 244434.0
Insurance Expense 9411.0
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
Association Amenities None
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active
Directions Travelling west on Market turn left onto 3rd St. The inn is located on the right between Nun and Church
City Wilmington
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 10890.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Availability Date 2025-02-11
Structure Type Wood Frame
Standard Status Active
Tax Assessed Value 2163900
Cap Rate 10.5
Legal Description Pt Lot 3 Blk 101 Wilm Rev
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Interior
Basement Unfinished
Flooring Tile Wood
Water Heater Electric
Ceiling Height 10
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Attic Features Access Only
Total Baths 0
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Exterior
Exterior Finish Wood Siding
Parking Features See Remarks Off Street Unpaved
Lot Features See Remarks
Water Source Public
Total Parking 2.0
Lot Size Area 0.25
Foundation Details Basement Crawl Space
Spa N
Building Area Total 6290.0
Lot Dimensions 66 x 165 and 32 x 55
Lot Size Acres 0.25
Waterfront Y/N N
Road Frontage Type City Street State Road 2 - 3 Lanes
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 412
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* Excluded Features
List By
Jeffrey G Hovis

Listing Agent

Intracoastal Realty Corporation

Broker

jhovis@intracoastalrealty.com

Email

Affordability Calculator

$14,211
Per Month
97%
3%
0%
Monthly Principal & Interest
$13,733
Monthly Property Taxes
$478
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/7/2026$2,175,000 Listed Price

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412 S 3rd Street, Wilmington, NC, 28401 is a Commercial Property for sale at $2,175,000 with 6,290 sqft and a lot size of 0.25. 412 S 3rd Street was built in 1903. The property's zip code is 28401 which is in Wilmington, NC