1404 New Bern Avenue

Raleigh, NC 27610
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25 images $1,600,000 View home

1404 New Bern Avenue, Raleigh NC 27610

1,891 sqft

Status: Active, MLS #10164475 Courtesy of Coast 2 Coast Real Estate Conn.
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1404 New Bern Avenue

Raleigh, NC 27610
Active ID# 10164475

Rarely available, prime investment and development opportunity in an unbeatable location approximately 1 mile from Downtown Raleigh. Property offers strong visibility and frontage on New Bern Avenue. Zoned NX-3 (Neighborhood Mixed Use), allowing for a wide range of residential, commercial, and mixed-use development options. Property is three units but currently operating as one unit. Situated within an Opportunity Zone, providing potential tax advantages and alternate zoning opportunities. Currently leased through 2027 on a Triple Net (NNN) lease, offering stable income with minimal landlord responsibilities. Positioned at a planned stop for the future Raleigh Bus Rapid Transit (BRT) line, supporting long-term growth and accessibility. Ideal for investors or future owner-operators.

$1,600,000 bedrooms full bathrooms 0.16 acres 1,891 square feet $846 per square foot
  • Construction Materials Concrete
  • Lot Size Acres 0.16
  • Cooling Y/N Yes
  • Heating Y/N Yes
  • Tax Annual Amount 2271.71
  • Year Built 1963

Additional Property Information

  • TypeRetail
  • Built1963
  • Neighborhood
  • CountyWake
  • AreaRaleigh
  • Elementary School
  • Middle School
  • High School
More Info on School Ratings
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Listing courtesy of Coast 2 Coast Real Estate Conn. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.

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©2026 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-05-02T16:02:11.000Z.