306 S Allen Rd

For Sale

306 S Allen Rd, Wake Forest, NC 27587

This Wake Forest property for sale is located at 306 S Allen Rd. Contact the listing broker for details on the current sale price for 306 S Allen Rd. 306 S Allen Rd is situated on a lot that is 2.75 acre in size.

Contacts

broker
James Bailey

Lee & Associates - Raleigh Durham

Property Details

  • Property Type Multi-Family
  • Property Size 23,438 SF
  • Units 31
  • Lot Size 2.75 Acre
  • Additional Rent Contact for pricing
  • Year Built 1958
  • Date Updated Dec 3, 2024
located in the heart of downtown Wake Forest with easy access to highways and direct access to Raleigh via US 1/Capital BoulevardMultifamily/special use property in the heart of downtown Wake Forest. There is an approved site plan allowing up to 31 units for ages 62 and older. Must get CDs using existing structure per approved site plan.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Approved Site Plan - 23,438 SF former assisted living care center with approved site plan for up to 31 beds for 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 (RMXCD) - 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: $1,500,000 (Seller-financing available)

Attachments

Getting around

  • 30/100

    Walk Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Wake Forest, NC
  • Neighborhood Avondale
  • Zip Code 27587
  • Market Raleigh Durham

Points of Interest

  • Taylor Mart

    0.51 miles

  • Lowes Food Gas

    0.53 miles

  • Sheetz

    1.50 miles

  • Harris Teeter Fuel Center

    1.89 miles

  • Tesla Supercharger

    1.91 miles

  • Exxon

    1.98 miles

  • BP

    2.17 miles

  • Shell

    2.26 miles

  • Murphy USA

    2.32 miles

  • ChargePoint

    9.59 miles

  • Soccer Fields Parking

    1.15 miles

  • pool parking

    1.36 miles

  • Cottage at Olde Mill Stream

    1.74 miles

  • Rolesville Park Parking

    4.44 miles

  • Neuse River Greenway Parking

    4.61 miles

  • Bedford Pool Parking

    4.72 miles

  • Durant Middle School Parking Lot

    6.73 miles

  • North Parking Lot

    6.79 miles

  • South Parking Lot

    6.98 miles

  • Parking Deck 1

    7.61 miles

  • Sleep Inn

    2.16 miles

  • Candlewood Suites Wake Forest Raleigh Area

    2.21 miles

  • Hampton Inn Raleigh/Town Of Wake Forest

    2.26 miles

  • Fairfield Inn & Suites

    2.28 miles

  • Tru

    2.29 miles

  • Holiday Inn Express & Suites Raleigh North - Wake Forest

    2.51 miles

  • Woodspring Suites Raleigh

    5.76 miles

  • Hilton Garden Inn

    8.03 miles

  • Fairfield Inn & Suites Raleigh Capital Blvd./I-540

    8.08 miles

  • Fairfield Inn

    8.08 miles

  • NC General Stores

    0.56 miles

  • Lowes Foods

    0.58 miles

  • Lidl

    0.93 miles

  • Wegmans

    1.78 miles

  • Publix

    1.80 miles

  • Kohl's

    1.82 miles

  • TJ Maxx

    1.82 miles

  • Ross

    1.84 miles

  • Harris Teeter

    1.89 miles

  • El Super

    2.09 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
James Bailey

Lee & Associates - Raleigh Durham