Bought with RE/MAX United
$325,000
$349,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
0.5 Acres Lot
SOLD DATE : 07/19/2019
Key Details
Sold Price $325,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2232883
Sold Date 07/19/19
Year Built 1910
Annual Tax Amount $4,588
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Business
Source Triangle MLS
Property Description
Great investment with upside potential. Stable tenants with 2 tenants over 20 years. Currently under management at 8% fee not included in expenses. Numbers are 2017 with 2018 on the way. Large parking lot, a rarity for downtown. New roof 2016 with 20 year warranty. Tenants include Ferrell Gas, Mudcats, and Lizard Lick Distillery.
Location
State NC
County Wake
Zoning HB
Direction From Raleigh beltline(I440) take 64/264 east to first Zebulon exit(NCHwy96/Arendell Ave), take a right into town, then left on E Vance, property on right.
Interior
Interior Features Entrance Foyer
Heating Central
Cooling Central Air
Exterior
Roof Type Other
Private Pool No
Building
Faces From Raleigh beltline(I440) take 64/264 east to first Zebulon exit(NCHwy96/Arendell Ave), take a right into town, then left on E Vance, property on right.
Foundation Slab
Structure Type Brick
New Construction No
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