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@lee-associates.com 336.602.3022
MLS # | 10071129 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1958 |
Days On Site | 166 |
Listing Provided By | Lee&Associates Raleigh Durham | James Bailey |
SQ Feet | 23,438 |
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Acreage | 2.75 |
Property | 3441 |
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State | NC |
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County | Wake |
City | Wake Forest |
Zip Code | 27587 |
Area | Wake |
Listing VS Median (in 27587) | |
Price: $1,500,000 low | high Med: $485,000 SqFt: 23,438 low | high Med: 2,465 $ / SqFt: $64 low | high Med: $197 On site: 166 low | high Med: 46.000000 |