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505 N 2nd Street

Wilmington, NC 28401
  • $5,295,000
  • STATUS: Active
  • ON SITE: 293 Days
  • MLS #: 100485229
UPDATED: 36 min ago
$5,295,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,400
    SQFT
  • $509
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1948
County:
Area:

School Ratings & Info

Description

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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Mid Carolina MLS logo© 2025 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2025-11-14T14:41:58.67.
www.bailey-basnightrealestate.com/homes/159724813
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505 N 2nd Street Wilmington, NC 28401

  • Price: $5,295,000
  • Status: Active
  • On Site: 293 Days
  • Updated: 36 min ago
  • MLS #: 100485229
0
Beds
0
Baths
0
½ Baths
0.12
Acres
10,400
SQFT
$509
$/SQFT
1948
Built
Neighborhood:
Not In Subdivision
County:
New Hanover
Area:
Wilmington
Property Description
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.
Exterior Features

Attached Garage YN No Construction Materials ConcreteBrickStone Exterior Finish BrickStoneSee Remarks Foundation Details CombinationBrick/MortarBlockSlabCrawl Space Parking Features PrivatePublicParking LotGravelOtherSee RemarksOff StreetOn Site Parking Total 0 Roof Flat Structure Type Wood Frame

Interior Features

Attic Features None Basement Exterior Entry Building Area Total 10400 Cooling Central AirZoned Cooling YN Yes Flooring LaminateLVT/LVP Green Energy Efficient Lighting Heating Heat PumpZonedElectric Heating System Fuel Source Electric Heating YN Yes Water Heater Tankless

Property Features

Association Amenities Fitness CenterGame RoomLaundryTrash Association YN Yes Business Type Comm CondominiumHotel/Motel Cobra Zone YN No Commercial Industrial Features Fixtures/FurnitureReception AreaSecurity SystemSkylightsStorage InsideStorage OutsideSee Remarks Current Use CommercialHotelMotelMulti-FamilyBoutique Hotel Distance To Airport By Road Less than 5 Miles Distance To County Highway By Road Less than 5 Miles Distance To Interstate By Road 6 - 10 Miles Distance To Port By Road Less than 5 Miles Distance To State Highway By Road Less than 5 Miles Electric Provider Duke Progress Energy In City Limits YN Yes Internet Service Providers Spectrum Island Or Mainland Mainland Location Cent Business DistrictCornerFreestandingHistoric District Lot Features Cul-De-SacDead EndCorner Lot Lot Water Features None Natural Gas Provider Piedmont Natural Gas Co. New Construction YN No Property Sub Type Multi Family Road Frontage Type City StreetState RoadMaintained Sale Or Lease Indicator Sale Secondary Subdivision N/A Sewer Provider Municipal SewerCape Fear Public Utility Authority Special Listing Conditions Standard Tax Amount 4298.85 Tax Year 2024 Total City Real Estate Property Tax 8397 Utilities Natural Gas ConnectedWater Available Water Provider Cape Fear Public Utility Authority Water Source Public Waterfront Features None Zoning CBD



Mid Carolina MLS logo Listing information © 2025 NCRMLS
Listing courtesy of Kristin K Freeman of BlueStar Real Estate, LLC: 910-742-2229.


Mid Carolina MLS logo© 2025 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2025-11-14T14:41:58.67.
 
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