Active

306 S S Allen Road Road

Wake Forest NC, 27587

$1,500,000


$64.00 per sqft

Active

23,438 sqft

Commercial

Built in 1958

Listing courtesy of Dogwood Properties

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
[email protected]
336.602.3022

10071129

MLS ID

January 9, 2025

Listed

January 16, 2025

Updated

Map

306 S S Allen Road Road
Wake Forest NC, 27587

Interior Features

Fireplace

No


Cooling

Yes


Heating

Yes

Exterior/Building Features

Lot Size

2.75 Acres

Other Property Details

Taxes

$22,360


Tax Frequency

Annually


Days on Market

7


Garage

No


View

No


County

Wake


Pool

No

Listed by Carpenter Walden, , Dogwood Properties

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Data last updated 4:10 PM UTC, 1/16/2025

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