306 S Allen Road Road

Wake Forest, NC 27587

306 S Allen Road Road

Wake Forest, NC 27587
Active ID# 10071129

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

$1,500,000 bedrooms full bathrooms 2.75 acres 23,438 square feet $64 per square foot

Additional Property Information

  • TypeMixed Use
  • Built1958
  • Neighborhood
  • CountyWake
  • AreaWake Forest
  • Elementary School
  • Middle School
  • High School
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  • Lot Size Acres 2.75
  • Structure Type Mixed Use, Multi Family
  • Cooling Y/N Yes
  • Heating Y/N Yes
  • Tax Annual Amount 22360
  • Year Built 1958