Raleigh, NC 27610,1250 New Bern Avenue
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Listed by Offerpad Brokerage LLC
$ 1,490,000
Est. payment /mo
Active

1250 New Bern Avenue Raleigh, NC 27610

2 Beds

1 Bath

924 SqFt


UPDATED:

12/31/2024 02:37 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 924 sqft

Price per Sqft $1,612

Subdivision Battery Heights

MLS Listing ID 10067846

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 924

Originating Board Triangle MLS

Year Built 1940

Annual Tax Amount $2,729

Property Description

Seize this rare chance to own not one but two adjacent parcels of prime real estate being sold together. 1246 and 1250 New Bern Avenue represent a compelling opportunity to capitalize on Raleigh's growth trajectory and urban development trends. With its strategic location, strong market fundamentals, and zoning potential, this property is ideal for investors or developers seeking to create a high-yield, future-forward project.

Property Highlights:

Location: Strategically positioned on a high-traffic corridor, with excellent visibility and easy access to public transit, downtown amenities, and major highways.

RX-3 Zoning: Ideal for combining retail, office and residential space (confirm zoning with city guidelines).

Lot Size: Combined, the two lots span .29 acres with a 3 story building height capacity, offering ample space for creative development.

Neighborhood Growth: Situated in an area poised for transformation, this property is surrounded by recent and upcoming developments, making it an excellent investment opportunity in an emerging market.

Why This Property?

Whether you're looking to create modern multifamily housing, retail spaces, or a mixed-use community hub, this location offers a blank canvas for your vision. Its proximity to Raleigh's thriving downtown, universities, hospitals, and employment hubs makes it highly desirable for future residents or tenants. Conceptual sketches available upon request.

Key Benefits:

Rising Property Values: Take advantage of the upward trend in property values in this area.

High Visibility: Benefit from daily exposure to thousands of potential clients, residents, or customers passing along New Bern Avenue.

Proximity to Amenities: Close to shopping, dining, healthcare, and cultural hotspots.

Don't miss out on this incredible opportunity to invest in one of Raleigh's most promising neighborhoods!

Location

State NC

County Wake

Zoning RX-3

Direction From Downtown Raleigh Take New Bern Avenue East Property will be on the right side

Interior

Heating Heat Pump

Cooling Electric, Heat Pump

Flooring Combination

Exterior

View Y/N Yes

Roof Type Shingle

Private Pool No

Building

Faces From Downtown Raleigh Take New Bern Avenue East Property will be on the right side

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories 1

Structure Type Vinyl Siding

New Construction No

Others

Tax ID 1713289802

Special Listing Condition Standard


Doorify MLS / Triangle MLS
agent

Choices Team

Broker | License ID: 311950

+1(919) 322-8090

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1250 New Bern Avenue