• Asking Price $1,675,000
  • 500 ARENDELL ST MOREHEAD CITY, NC 28557

  • 3 Baths 4,855 SqFt
  • Commercial / Resale (MLS)

Property Details for 500 ARENDELL ST, MOREHEAD CITY, NC 28557

Features

  • Price/sqft: $345
  • Lot Size: 3485
  • Stories: 100
  • Roof Type: Built-up
  • Heating: Forced Air,Heat Pump
  • Construction Type: Masonry
  • Exterior Walls: Stucco

Facts

  • Year Built: 01/01/1920
  • Property ID: 879993415
  • MLS Number: 100409407
  • Parcel Number: 6386.20.81.4325000
  • Property Type: Commercial
  • County: CARTERET
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Historic Downton Morehead City Bed & Breakfast,nOn the Crystal Coast with Panoramic Water Viewsnand Unlimited Possibilities for Expansion... nThis 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.nnDowntown 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:

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Property Brokerage: Keller Williams Crystal Coast 5420 Hwy. 70, West Morehead City NC 28557
Copyright © 2024 NCRMLS/ Carteret County 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.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.