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500 Arendell Street

Morehead City, North Carolina, 28557, United States

Property ID: #1502840 // Commercial // Source Status: Active
500 Arendell Street
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Traditional Sale
List Price:
$1,920,000.00
Icon 4,855 ft²
Icon 0.08 acres
Icon - beds
Icon - baths
Address:
500 Arendell Street
City:
Morehead City
State:
North Carolina
Zip Code:
28557
County:
Carteret
Subdivision:
Not In Subdivision
Country:
United States
Property Type:
Commercial
Additional Property Types:
Multi-Family
Year Built:
1903
Property Size:
4,855 ft²
Lot Size:
0.08 acres
Data Source:
North Carolina Regional MLS
MLS/Reference Number(s):
100409407
Source Status:
Active
Source Property Type:
Commercial, Multi-Family

Property Provided By

  • Denny Shrock
  • Keller Williams Crystal Coast
  • +1 (252) 269-0434

Connect with local buyer agents who are willing to offer commission savings!

Property Information

Downton Morehead City Bed & Breakfast,On the Crystal Coast with Panoramic Water Viewsand 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:

Source Disclaimer

North Carolina Regional MLS

Listing Information © 2024 NCRMLS. All rights reserved.
Courtesy of Denny Shrock, Keller Williams Crystal Coast.
North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
This content last updated on 2024-10-07 20:29:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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