500 Arendell ST Active Save Request In-Person Tour Request Virtual Tour
Morehead City,NC 28557
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5500 - 5999
Square Footage 5,540 sqft
Price per Sqft $315
Subdivision Village West
MLS Listing ID 100486161
Bedrooms 3
Year Built 1920
Annual Tax Amount $1,462
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions Irregular
Property Sub-Type Single Family Residence
Property Description
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, 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.
Location
State NC
County Carteret
Zoning Commercial
Rooms
Basement None
Master Bedroom Non Primary Living Area
Dining Room Combination
Interior
Interior Features Ceiling Fan(s),Foyer,Walk-in Shower,Smoke Detectors
Heating Forced Air,Heat Pump
Cooling Central,Heat Pump
Flooring Concrete,Wood,Tile
Fireplaces Type None
Equipment Dishwasher
Appliance Dishwasher
Heat Source Electric,Propane Gas
Exterior
Fence None
Utilities Available Municipal Sewer,Municipal Water
Amenities Available No Amenities
Waterfront Description None
View ICW View,Water View,Sound View,Ocean View,Marina View
Roof Type Flat,Membrane
Porch Deck
Road Frontage Maintained,Public (City/Cty/St),Paved
Total Parking Spaces 2
Building
Lot Description Corner Lot
Faces Corner of Arendell and N. 5th St
Story 2.0
Foundation Slab
Sewer City of Morehead City
Water City of Morehead City
Architectural Style Stick Built
Level or Stories Two
New Construction No
Others
Tax ID 638620814325000
Acceptable Financing Cash,Conventional,Commercial
Listing Terms Cash,Conventional,Commercial
Special Listing Condition Unknown
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