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$5,295,000
44 Days On Site

505 N 2nd Street
Wilmington, NC 28401

For Sale|Multi Family|Active
0
Beds
0
Total Baths
10,400
SqFt
$509
/SqFt
1948
Built
Subdivision:
Not In Subdivision
County:
New Hanover
Call Now: 910-241-0404
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910-241-0404
505 N 2nd Street505 N 2nd Street505 N 2nd Street505 N 2nd Street
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Monthly Payment (Est.)

$24,158
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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.

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Listing Snapshot
Price 
$5,295,000
Days On Site 
44 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,400 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
1948
MLS® Number 
100485229
Status 
Active
Property Tax 
$4,298.85
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
5 months agoListing updated with changes from the MLS®
General Features
Acres 
0.12
Additional Property Use 
Multi-FamilyCommercial
Available on 
2025-01-24
Foundation 
CombinationBrick/MortarBlockSlab
Green Energy Efficient 
Lighting
Parking 
PrivateParking LotGravelOtherSee RemarksOff StreetOn Site
Property Sub Type 
Multi Family
Security 
Security System
Special Circumstances 
Standard
SqFt Total 
10400
Utilities 
Natural Gas ConnectedWater Available
Water Source 
Public
Zoning 
CBD
Interior Features
Appliances 
Tankless Water Heater
Basement 
Exterior EntryCrawl Space
Cooling 
Central AirZoned
Flooring 
Laminate
Heating 
ElectricHeat PumpZoned
Interior 
Storage
Window Features 
Skylight(s)
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Exterior Features
Construction Details 
ConcreteBrickStoneSee Remarks
Lot Features 
Cul-De-SacCorner Lot
Road Frontage 
City StreetState Road
Roof 
Flat
Windows/Doors 
Skylight(s)
Community Features
Association Amenities 
Fitness CenterGame RoomLaundryTrash
Listing courtesy of Kristin K Freeman of BlueStar Real Estate, LLC



The data relating to real estate on this website comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of 2025-12-11 10:52 AM UTC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor eXp Realty llc shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright 2025 North Carolina Regional MLS LLC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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