306 S S Allen Road Road Active

Wake Forest,NC 27587

$ 1500000

- Bed

- Bath

23438 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 23,438 sqft

Price per Sqft $63

MLS Listing ID 10071129

Style Mixed Use,Multi Family

Year Built 1958

Annual Tax Amount $22,360

Lot Size 2.750 Acres

Property Sub-Type Mixed Use

Property Description

Highlights

Approved Site Plan - 23,438 SF former nursing home with approved site plan for up to 31 apartments for residents age 62 & over (100% of the dwelling units must be designated for residents 62 years & older)

2.75 acres located in the heart of downtown Wake Forest with easy access to highways and direct access to Raleigh via US 1/ Capital Boulevard

Zoning - Residential Mixed-Use Conditional District (RMX CD) - single-story building offering easy access for all resident rooms on the main floor

Property offers easy parking and access to front door as well as several other entrance points around the building and numerous amenities and services nearby

Some photos are historical and the property has not been occupied for a number of years Sale Price: ''as is'' $1,500,000 (Seller-financing available depending on terms of offer)

Contact James Bailey, Lee Associates
jbailey@leeassociates.com
336.602.3022

Location

State NC

County Wake

Building

New Construction No

Others

Special Listing Condition Standard

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