InnShopper > Inns for Sale > North Carolina > Wilmington > FRONT STREET INN


Wilmington, NC   Offered for sale at $2,400,000

The Front Street Inn has been in continuous operation as a Bed & Breakfast and Boutique Hotel for 26 years in downtown Wilmington NC's arts and entertainment district. The inn was constructed in 1924 as the first Salvation Army of Wilmington NC and served as a home for unwed mothers and an orphanage. The property features two floors and a basement with a 14 inch thick brick exterior with three decks and wonderful high arching windows. The on site parking lot has a 14 car capacity. The owners quarters is a 2 bedroom/2 bathroom 2300 square foot custom home on a separate residential lot directly behind the inn. In addition to the guest rooms, the inn has a large kitchen, lounge, bar, massage studio, gym and covered sun room.

Property Details
  • 12 Guest Rooms
  • 12 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1924
  • Last Renovated in 2018
  • Opened in 1993
  • Building is 9,000 SQFT
  • Lot is 0.5 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $2,400,000
  • Occupancy Rate: 50%
  • Average Daily Rate: 190.00
  • Annual revenue is $404,000
  • Terms: The Inn and home may be purchased separately, cash, or owner may carry balance on the inn if current mortgage is satisfied.
  • Prequalify for Inn Financing on this property
Contact Information