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$1,500,000
11 Days On Site

306 S S Allen Road Road
Wake Forest, NC 27587

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
23,438
SqFt
$64
/SqFt
1958
Built
County:
Wake
Call Now: (919) 710-0256
Is this the home for you? We can help make it yours.
(919) 710-0256
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Monthly Payment (Est.)

$6,844
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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@leeassociates.com 336.602.3022

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Listing Snapshot
Price 
$1,500,000
Days On Site 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
23,438 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.75 Acres
Year Built 
1958
MLS® Number 
10071129
Status 
Active
Property Tax 
$22,360
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
2.75
Additional Property Use 
InvestmentMulti-FamilySee Remarks
Property Sub Type 
Mixed Use
Special Circumstances 
Standard
SqFt Total 
23438
Interior Features
Heating 
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Community Features
Financing Terms Available 
CashConventional
Listing courtesy of Carpenter Walden of Dogwood Properties



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2025-01-27 07:35 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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