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412 S 3rd Street, Wilmington, NC 28401 (MLS# 100594749)

$2,175,000
412 S 3rd Street
Wilmington, NC 28401
MLS# 100594749
6290 sqft
412 S 3rd Street, Wilmington, NC 28401
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Property Description
**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.

Details
Maps
Contract Info
Available Date: 2025-02-11
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2026-08-07
Sub-Type: Business
Garage: N/A
Space: Yes
Sale/Lease: Sale
Listing Price: 2175000
Current Price: $2,175,000
List Price/SqFt: 345.79
Stipulation of Sale: Standard
Location Information
Street #: 412
Pre Direction: S
Street Name: 3rd
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.229944
Geo Lon: -77.945827
Remarks and Showing
Directions to Property: Travelling west on Market turn left onto 3rd St. The inn is located on the right between Nun and Church
Sign on Property: No
Building Info
New Construction: No
BuildingExt Features
SqFt - Heated (Primary): 6290
Legal and Taxes
Tax Assessed Value: 2163900
Total City Real Estate Property Tax: 5410
Deed Book: 6537
Deed Page: 2083
Legal: Pt Lot 3 Blk 101 Wilm Rev
Broker Owner: No
PID: R05405-032-015-000
Tax Identifier: R05405-032-015-000
Total Real Estate Property Taxes: 12734.56
Special Assessments: None
Tax Year: 2025
Year Built: 1903
Zoning: HD-R
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Miscellaneous
Ceiling Height: 10
Current Use: Bed and Breakfast
Current Service Providers
Trash Provider: City of Wilmington
Electric Provider: Duke Progress Energy
Internet Service Provider(s): Spectrum
Natural Gas Provider: Piedmont Natural Gas Co.
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Financial Info
Financial Info: Yes
Gross Income: 312425
Total Annual Expenses: 97991
Net Operating Income: 244434
Cap Rate %: 10.5
Real Estate Taxes: 5734
Insurance Expense: 9411
Property Features
Business Type: Bed & Breakfast
Showing Instructions: Special Instructions
HOA and Neigh Amenities: No Amenities
Attic: Access Only
Basement: Unfinished
Construction: Wood Frame
Exterior Finish: Wood Siding
Flooring: Tile; Wood
Foundation: Basement; Crawl Space
Fuel Tank: None
Parking Features: Off Street; Unpaved; See Remarks
Roof: Metal; Shingle
Lot Description: See Remarks
Current Use: Multi-Family; Residential; Other
Location: Historic District
Lot Water Features: None
Cooling: Central Air
Fireplace Features: Dining Room; Gas Log; Library; Living Room
Heating: Forced Air; Heat Pump
Heating System Fuel Source: Electric; Natural Gas
Water Heater: Electric
Utilities: Natural Gas Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Terms: 1031 Exchange; Cash; Conventional

Listing Office: Intracoastal Realty Corporation

Last Updated: August - 07 - 2026

412 S 3rd Street, Wilmington, NC 28401 - MLS# 100594749

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