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City Club & St Thomas Preservation Hall 2 Properties Offered at $10,464,000 CAD in Wilmington, NC

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EXECUTIVE SUMMARY

Rare opportunity to own two historic properties in the heart of Downtown Wilmington as well as the existing business! City Club of Wilmington and Saint Thomas Preservation Hall are now available for sale.
City Club of Wilmington, the areas only private dining club & inn, sits at the corners of 2nd and Dock Streets, nestled in the heart of Wilmington’s Historic Downtown District. Housed in a pre-civil war southern mansion, known as the DeRosset House, lovingly restored to it’s former glory in 1998, the City Club exudes the dream and hospitality of this gracious southern city that is Wilmington.
One of the largest and most prominent among the 18th and 19th century houses situated along downtown Wilmington’s tree-lined streets, the DeRosset house was built in 1841 by Dr. Armand John DeRosset III, a physician, merchant and entrepreneur. The National Register of Historic Places calls this home “the grandest of all Wilmington’s antebellum, Italian dwellings”. Entrance to the City Club is gained by passing through the stately brick columns and walking up the terraced gardens. An expansive front porch leads to the interior, with many original architectural elements, including a dramatic staircase leading to upper-level guest suites, tiered moldings and 12 foot ceilings.
The Club features multiple dining rooms, two bars and six guest suites, along with lounges, meeting rooms and period gardens. members enjoy both fine and casual dining, for lunch and dinner, as well as private event services and weddings, all with attention to excellent service. City Club is one of the few venues in Downtown Wilmington with the ability to host larger events, provide food and beverage services and accommodations!
St. Thomas Preservation Hall located at 208 Dock St., adjacent to the DeRosset House, was constructed in 1846 by Robert B. Wood, St Thomas the Apostle served a small but growing parish of Catholics in New Hanover County. The church’s construction and parish were overseen by Father Thomas Murphy. The church later became the pro-Cathedral of North Carolina when Fr. James Gibbons was consecrated as the Vicar-Apostolic. In 1908, the parish bought land at South Fifth Street and Ann, where the Basilica Shrine of St Mary would later be completed in 1912, which allowed the growing parish more space.
Since closing the doors as a church this wonderful property has remained a vital part of the Wilmington community hosting hundreds of weddings and special events. The exposed brick walls, beautiful stained- glass windows, high ceilings and balcony loft make St. Thomas a perfect backdrop to all events.
Accommodating ceremonies and receptions for up to 200 seated guests. The venue rental rate includes tables and chairs for all 200 and use of the facility for 18 hours so clients can set up and decorate all day at no extra charge. The downstairs cocktail room and bridal Suite are popular features, allowing clients to hold both their ceremony and reception in one venue.
Over the past 17 years the current owners have fastidiously enhanced and maintained these beautiful historic properties while growing the reputation and popularity of City Club. Their vision has been to make this outstanding property THE dining and/or event space representing the beauty and history of Wilmington, NC. Their goal, at this time, is to attract a buyer with the vision and ability to take City Club to the next level.
Note that the properties and the business will convey in the sale. MoMentum Companies is acting as an exclusive advisor for the Client Company. All inquiries, requests for information, and follow-up must be coordinated through MoMentum Companies. No contact with the Client Company, employees, customers, vendors, and partners is permitted without the consent of MoMentum Companies and the Client Company. Those interested in pursuing this transaction should contact MoMentum Companies via the contact information listed. More detailed discussions involving the Seller and an on-site visit can be scheduled. Detailed financials will be provided upon receipt of executed Non-Disclosure Agreement and Proof of Funds.

PROPERTY FACTS

Price $10,464,000 CAD
Price / SF $714.75 CAD / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 14,640 SF
Total Land Area 0.65 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
The Inn at City Club
23 S 2nd St, Wilmington, NC 28401
Hospitality 6,896 SF 1841 -
208 Dock St, Wilmington, NC 28401 Specialty 7,744 SF 1847 -
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  • Listing ID: 31415074

  • Date on Market: 2024-04-04

  • Last Updated:

  • Address: City Club & St Thomas Preservation Hall, Wilmington, NC

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