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$2,175,000

  • For Sale
  • Active
  • Commercial Service
  • 6,290 Sq. Ft.
  • 2 Parking Spaces
  • 0.29 Acres
  • Updated 2 days ago
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Incredible investment and business opportunity right in the heart Wilmington's Historic District. Voted USA Today's Best Reader Choice Bed and Breakfast, the C.W. Worth House provides outstanding guest services in the Wilmington area. The level of mindfulness, tasteful renovations and charming historic appeal set this B&B opportunity apart from others. This beautiful historic landmark has seven guest rooms in addition to the main owner's suite. Each room has its own private entry, bathroom, and style. The inviting living areas are thoughtfully decorated and enhance the guest experience. Also included is a vacant parcel that is currently used by the owners for parking. Its prime location near downtown, the River Walk, and various dining options, placement within a historic district and room capacity provide a fantastic opportunity for its next owner. This property business is turnkey ready and has advanced booking that enabled the next owner to benefit from all the previous owner's efforts. CW Worth House has received national notoriety for their service and location. CW Worth house was awarded 2022 - Present: Select Registry Property, TripAdvisor Travelers' Choice, Best Hotel/ Bed & Breakfast in the Cape Fear Region and USA Today #1 10 Best Readers' Choice Best Bed & Breakfast. Considering the Award-Winning Business, Unique Charm, and a solid business plan enables the CW Worth House to continue to excel.

Full Property Details for 412 S 3rd St

General

  • Price: $2,175,000
  • Taxes: $5,734 (2024)
  • Status: Active
  • Type: Commercial Service
  • Source: 2253
  • MLS ID: 100488400
  • Updated: 5/13/2026
  • Added to Site: 459 day(s) ago

Business

  • Business Type: Bed & Breakfast

Interior

  • Flooring: Tile, Wood

Additional Information

  • Shared Amenities: None

Parking

  • Parking Features: See Remarks, Off Street, Unpaved

Location

  • County: New Hanover
  • Subdivision: Not In Subdivision
  • Driving Directions: From Downtown Wilmington, Take South 3rd Street our of downtown. Property is at 412 S 3rd Street on the right hand side.

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric, Forced Air, Heat Pump, Natural Gas

Utilities

  • Sewer: Municipal Sewer, Cape Fear Public Utility Authority
  • Water: Public
  • Utility Description: Natural Gas Available, Water Available

Structural Information

  • Structure Type: Wood Frame
  • Construction: Wood Siding, Wood Frame
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Metal, Shingle
  • Ceiling Type: 10
  • Square Feet: 6,290
  • Current Bldg. Use: Other, Residential, Multi-Family, Other8, Bed and Breakfast
  • Year Built: 1903

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Size (Sq. Ft.): 12,632
  • Lot Dimensions: 66 x 165 and 32 x 55
  • Frontage: City Street, State Road, 2 - 3 Lanes
  • Lot Features: See Remarks
  • Zoning: HD-R

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $345.79
  • For Sale/Rent/Lease: Sale
  • Assessment Amount: $640,300
  • Tax Amount: $5,734
  • Tax Year: 2024
  • Terms: 1031 Exchange, Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: Pt Lot 3 Blk 101 Wilm. Rev Pt Lot 2 Blk 101 Wilmington
  • Property ID: R05405-032-015-000

Listed by Intracoastal Realty Corp, Jeffrey G Hovis and Intracoastal Realty Corp, Sky Grainger

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Listing agents

— 412 S 3rd St —

  • Jeffrey G Hovis

    Intracoastal Realty Corp

  • Sky Grainger

    Intracoastal Realty Corp

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 412 S 3rd St

School District:New Hanover County Schools
NameGradesDistance
Annie H Snipes Elementary
2150 Chestnut Street, Wilmington, NC 28405
K-51.6 mi
Williston Middle
401 South 10th Street, Wilmington, NC 28401
6-80.6 mi
New Hanover High
1307 Market Street, Wilmington, NC 28401
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 412 S 3rd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/11/2025
Listed
$2,175,000
108.03%
MLS
2/07/2022
Sold
$1,045,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 412 S 3rd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$2,163,900
238%
2024
$2,785
3%
$640,300
—
2023
$2,705
-62%
$640,300
-22%
2021
$7,042
29%
$822,900
29%
2022
$5,443
-23%
$640,300
17%
2021
$7,042
23%
$545,200
—
2019
$5,743
—
$545,200
—
2018
$5,743
-5%
$545,200
—
2016
$6,028
—
$545,200
—
2016
$6,028
-11%
$544,000
-20%
2013
$6,805
—
$677,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Intracoastal Realty Corp, Jeffrey G Hovis and Intracoastal Realty Corp, Sky Grainger

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412 S 3rd Street, Wilmington, NC 28401 (MLS# 100488400) is a Commercial Service property. 412 S 3rd Street is currently listed for $2,175,000 and was received on February 11, 2025. Want to learn more about 412 S 3rd Street? Do you have questions about finding other Commercial Service real estate for sale in Chestnut Heights - Princess Place? You can browse all Chestnut Heights - Princess Place real estate or contact a Coldwell Banker agent to request more information.

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