Homes for sale - 500 Arendell ST, Morehead City, NC 28557

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PURA VIDA REALTY INTERNATIONAL BOLI HERNANDEZ

boli@puravidarealtync.com +1(919) 353-3988

$ 1,750,000

Est. payment | -/mo

3 Beds

4 Baths

5,540 SqFt

Save Virtual Tour

$ 1,750,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

4 Baths

5,540 SqFt

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

Virtual Tour https://listings.lighthousevisuals.com/sites/nxnbwme/unbranded

Listed by Keller Williams Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(919) 353-3988

boli@puravidarealtync.com

405 ivy lane, Carolina beach, North Carolina, 28428, USA

500 Arendell ST Morehead City, NC 28557