$1,500,000
( $64.00Per Sq Foot )
 $8,517 est/mo Sourced by Back At You

306 S S Allen Road Road,Wake Forest, NC 27587

Wake Forest, NC 27587

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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@lee-associates.com 336.602.3022

Details

MLS #10071129
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1958
Days On Site166
Listing Provided ByLee&Associates Raleigh Durham | James Bailey

Features

SQ Feet23,438
Acreage2.75

Taxes

Property3441

Market Activity 27587

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Learn More About This Property

StateNC
CountyWake
CityWake Forest
Zip Code27587
AreaWake
Listing VS Median (in 27587)
Price:
$1,500,000
low | high
Med:
$485,000
100% of Average
SqFt:
23,438
low | high
Med:
2,465
100% of Average
$ / SqFt:
$64
low | high
Med:
$197
100% of Average
On site:
166
low | high
Med:
46.000000
100% of Average
Sourced by Back At You
Listing Updated: June 9, 2025 at 8:38:38 AM PDT