About 505 N 2nd Street
Premier boutique hotel located in the heart of the vibrant tapestry of downtown Wilmington's top attractions. Featuring 15 exquisitely curated suites, this elite destination seamlessly blends historic elegance and modern sophistication, providing an extraordinarily indulgent guest experience. Renowned for its exclusivity and elegance, The Hive has become the preferred retreat for high-profile guests, including celebrated actors, music icons, and entertainment industry elites. The Hive beckons travelers with luxury, privacy, and unparalleled service. Located just steps away from the Wilmington Convention Center, Live Oak Pavilion, The Wilson Center, and an array of exceptional dining options, the location is unsurpassed. The Hive offers a unique lodging experience, a distinguished destination that redefines excellence in Wilmington's hospitality scene. Property Overview Location: Downtown Wilmington, NC Property Type: Luxury Boutique Hotel Number of Units: 15 Amenities: Contemporary lobby with guest lounge and restroom Modern equipped fitness center Premium guest amenities and services Outdoor guest common areas with seating Laundry facilities On-site parking lot lease Investment Highlights Prime Location: Situated in the vibrant and bustling downtown area, surrounded by top dining, entertainment, and cultural attractions. Walking proximity to the Wilmington Riverwalk, the Wilson Center, Live Oak Pavilion, Thalian Hall, the Cotton Exchange, key tourist destinations. High-Quality Design: Meticulously designed interiors blending luxury and comfort. High-end finishes, custom furnishings, and modern technology integrations. Growing Market: Wilmington's reputation as a coastal destination continues to attract year-round visitors. Significant growth in tourism and business travel to the area. Significant growth in film industry, live performance industry, and sporting event travel to the area.
Features of 505 N 2nd Street
| MLS® # | 100485229 |
|---|---|
| Price | $5,295,000 |
| Acres | 0.12 |
| Year Built | 1948 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 505 N 2nd Street |
|---|---|
| Subdivision | Not In Subdivision |
| City | Wilmington |
| County | New Hanover |
| State | NC |
| Zip Code | 28401 |
Amenities
| Amenities | Fitness Center, Game Room, Laundry, Trash |
|---|---|
| Utilities | Natural Gas Connected, Water Available |
| Parking | Private, Public, Parking Lot, Gravel, Other, See Remarks, Off Street, On Site |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Heat Pump, Zoned |
|---|---|
| Cooling | Central Air, Zoned |
| Fireplace | No |
Exterior
| Lot Description | Cul-De-Sac, Dead End, Corner Lot |
|---|---|
| Roof | Flat |
| Construction | Concrete, Brick, Stone |
| Foundation | Combination, Brick/Mortar, Block, Slab, Crawl Space |
Additional Information
| Date Listed | January 24th, 2025 |
|---|---|
| Days on Market | 204 |
| Zoning | CBD |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | BlueStar Real Estate, LLC |
|---|