306 S Allen Rd

306 S Allen Rd, Wake Forest, NC 27587

  • For Sale Subject To Offer
  • 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 Nov 15, 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.

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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)

Contacts

broker

James Bailey

Lee & Associates - Raleigh Durham

Location

Getting Around

  • Walk Score ®

    30/100 Car-Dependent
  • Bike Score ®

    34/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Over the Falls

    0.31 miles

  • The Forks Cafeteria

    0.39 miles

  • Burger King

    0.48 miles

  • George's Pizzeria

    0.52 miles

  • Sugar Magnolia Cafe

    0.53 miles

  • Shorty’s Famous Hot Dogs

    0.54 miles

  • Domino's

    0.56 miles

  • The Burger Shop

    0.58 miles

  • Big Al's BBQ

    0.58 miles

  • Las Margaritas Mexican Restaurant

    0.59 miles

  • Franklin Academy

    0.28 miles

  • Wake Forest Elementary School

    0.68 miles

  • Southeastern Baptist Theological Seminary

    0.82 miles

  • Wake Forest-Rolesville Middle School

    0.93 miles

  • Wake Forest High School

    1.11 miles

  • St. Catherine of Siena Catholic School

    1.14 miles

  • Envision Science Academy

    1.33 miles

  • The Franklin Academy

    1.38 miles

  • Heritage Middle School

    1.66 miles

  • Heritage Elementary School

    1.80 miles

  • Kiddie Academy of Wake Forest

    0.70 miles

  • Raleigh Knowledge Beginnings

    3.07 miles

  • Rhymes & Reason

    4.31 miles

  • Kindercare Falls Lake

    5.58 miles

  • The Learning Experience-Raleigh Northeast

    8.01 miles

  • Childtime of Raleigh

    9.37 miles

Frequently Asked Questions

How much does 306 S Allen Rd cost?

The sale price for 306 S Allen Rd is available upon request. Contact the listing broker for more information.

What is the total square footage of 306 S Allen Rd?

306 S Allen Rd totals 23,438 square feet.

When was this property built?

306 S Allen Rd was built in 1958.

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Contact Listing Broker

broker

James Bailey

Lee & Associates - Raleigh Durham