500 Arendell Street
Morehead City, NC 28557
- 4 beds
- 6 baths
- 5,540 sqft
- 3,485 sqft lot
- $315 per sqft
- 1920 build
- – on site
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.
Last checked:
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Last updated Jan 31, 2025
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MLS# 100486161 —
The Building
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Year Built:1920
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Construction:Brick/Stone, Concrete
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Construction Type:Stick Built
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Roof:Flat, Membrane
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Attic:None
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Stories:4.0
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Stories/Levels:3 Story or More
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Basement:None
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Exterior Finish:Stucco
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Foundation:Slab
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Patio and Porch Features:Deck
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Green Building Features:None
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Green Building Certify:None
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SqFt - Heated:5,540 Sqft
Interior
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Interior Features:Ceiling Fan(s), Foyer, Walk-in Shower, Smoke Detectors
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# Rooms:14
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Dining Room Type:Combination
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Flooring:Concrete, Tile, Wood
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Fireplace:None
Location
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Directions to Property:Corner of Arendell and N. 5th St
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Location Type:Mainland
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City Limits:Yes
The Property
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Property Type:A
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Subtype:Single Family Residence
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Lot #:1
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Lot Features:Corner Lot
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Lot Water Features:None
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Lot Dimensions:Irregular
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Lot SqFt:3,485 Sqft
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View Type:ICW View, Water View, Sound View, Ocean View, Marina View
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Waterview:Yes
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Waterfront:No
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Zoning:Commercial
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Acres Total:0.08
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Fencing:None
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Road Type/Frontage:Maintained, Public (City/Cty/St), Paved
Listing Agent
- Contact info:
- Agent phone:
- (252) 229-0933
- Office phone:
- (252) 637-2010
Taxes
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Tax Year:2023
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Property Taxes:$1,462.83
Beds
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Bedrooms:4
Baths
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Total Baths:9.00
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Full Baths:3
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Half Baths:6
The Listing
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UnBranded Virtual Tour:https://listings.lighthousevisuals.com/sites/nxnbwme/unbranded
Heating & Cooling
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Heating:Forced Air, Heat Pump
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Heated SqFt:5500 - 5999
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Cooling:Central, Heat Pump
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Fuel Tank:Propane Above Ground
Utilities
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Utilities:Municipal Sewer, Municipal Water
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Water Heater:Electric
Appliances
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Appliances/Equipment:Dishwasher, Stove/Oven - Gas, Refrigerator
The Community
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Subdivision:Village West
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HOA and Neigh Amenities:No Amenities
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HOA:No
Parking
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Garage & Parking: Total # Garage Spaces:4.00
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Garage & Parking: Attached Garage Spaces:4.00
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Parking Features:Garage Faces Side, Off Street
Monthly cost estimate
Asking price
$1,750,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$9,370
|
| Taxes | $121 |
| Insurance | $481 |
| Utilities | $311 See report |
| Total | $10,283/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/31/25
Jan 31, 2025
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Listed / Active | HIVE | $1,750,000 |
