Downton Morehead City Bed & Breakfast, On the Crystal Coast with

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Commercial For Sale

500 Arendell Street

Morehead City, North Carolina 28557

Carteret County Ocean View: Yes

Community: Village West

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$1,750,000 0 br, 0.0 bath 5540 sq. ft. 0.080 acres

Downton Morehead City Bed & Breakfast, On the Crystal Coast with Panoramic Water Views and Unlimited Possibilities for Expansion... This is a unique opportunity to acquire a solid income-producing building, originally built in 1904, as the ''Tide Water and Power Building''. Redesigned, re-engineered, repurposed, meticulously restored, and rebuilt since 2004, as a ''Fortified Structure'' (capable of withstanding a CAT 5 Forces). The building has been engineered and built for multiple floor additions up to 70 ft, with 5 more rental units and event space already planned. The building has two, 2 car garages for off-street parking, as well as ample street parking on two sides. There are three residential living spaces within the building making it the perfect owner-occupied Bed & Breakfast opportunity. The rental and event income possibilities are extensive. Location - Location - Location on the corner of N 5th Street and Arendell St. (Hwy 70 West), overlooking the historic waterfront Business District, and within walking distance to some of the best premier restaurants, bars, shops, boutiques, and the famous fishing fleets of the Crystal Coast. Downtown Morehead City is a vibrant destination that offers something for everyone. From its charming streets lined with unique shops and boutiques to its picturesque waterfront, there are plenty of reasons to visit, experience, enjoy living, and doing business in the magic of a growing Downtown Morehead City.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 5540
  • Year Built: 1920
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Forced Air, Heat Pump
  • Garage: Garage, Off Street
Exterior:
  • Lot Size: 0.080 acre
  • Lot Dimensions: 
  • View Types: Marina, Ocean, Water
  • Yard: 
  • Siding: Brick, Concrete, Stone
  • Roof: Flat, Membrane
  • Property Taxes: $1,463
  • MLS #: 100475292
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Contact Information:
phone Call now 1-855-943-4259
Beach Commercial For Sale in Morehead City, North Carolina
Listing Agent: ROSS BEEBE, Keller Williams Realty, 252-229-0933, 252-637-2010 Listing Site, Listing Status: Active
Copyright © 2024 Hive MLS / Neuse River Region Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5543896
Viewed 5 times.
Updated: Nov 10, 2024

This property is a Commercial located at 500 Arendell Street, Morehead City, North Carolina 28557, and is currently For Sale at $1,750,000. This Commercial has 0 bedrooms, 0.0 baths, 5540 sq ft.

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