500 Arendell St, Morehead City, NC 28557
- $1,000,000
- 3
- BD
- 4
- BA
- 4,896
- SqFt
- Sold Price
- $1,000,000
- List Price
- $1,295,000
- Closing Date
- Dec 22, 2025
- MLS#
- 100486161
- Status
- CLOSED
- Type
- Single Family Residential
- Subtype
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 4
- Full-baths
- 3
- Half-baths
- 1
- Living Area
- 4,896
- Lot Size
- 3,485
- Neighborhood
- Not In Subdivision
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.
Additional Information
- Acres
- 0.08
- Appliances
- Dishwasher
- Elementary School
- Morehead City Primary
- Flooring
- Concrete, Tile, Wood
- Garage Spaces
- 2
- Heating
- Propane, Heat Pump, Electric, Forced Air
- High School
- West Carteret
- Interior Features
- Entrance Foyer, Ceiling Fans, Walk-In Shower
- Living Area
- 4,896
- Lot Description
- Corner Lot
- Lot Size
- 3,485
- Middle School
- Morehead City
- Parking Spaces
- 2
- Stories
- 2
- Subdivision
- Not In Subdivision
- Water
- Public
- Year Built
- 1920
Mortgage Calculator
Listing courtesy of Keller Williams Realty. Contact:
Selling Office: Keller Williams Realty.
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