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,… Read More 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. Read Less
Courtesy of ROSS BEEBE, Keller Williams Realty
Listing Snapshot
Days Online
93
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
3
Partial Baths
1
Square Ft.
5,540
Lot Size
0.08 Acres
Year Built
1920
MLS Number
100486161
30 Days Snapshot Of 28557
$535k
+14%
(avg) sold price
11
-26%
homes sold
94
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Type/Frontage: Maintained, Public (City/Cty/St), Paved
Appliances & Equipment
Dishwasher
Attic Information
None
Basement
None
Building
Heated SqFt Range: 5500 - 5999, 5,540 heated sqft, Built in 1920, 2 stories, 8 rooms, Construction: Brick/Stone, Steel Frame, Concrete, Porch/Balcony/Deck: Deck, Stories/Levels: Two
Municipal Sewer, Municipal Water, Electric Provider: Duke Energy, Sewer Provider: City of Morehead City, Water Provider: City of Morehead City, Fuel Tank Ownership: Leased
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of . All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Keller Williams Realty shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.
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