Remarks

Own a unique part of Downtown Wendell (this building used to be Todd's Train Station. This property fronts 3 separate roads: Wendell Blvd, Marshburn Rd, and Academy St. It must be sold with MLS listing 10059250. It has a separate address for each building (242 W Academy and 3169 Wendell Blvd) and each has separate power and utilities. The brick building is zoned as an office/retail single tenant building that is 1632 sf. This building has also been fully renovated with 4 office/deck spaces, conference table, kitchen and eating area, a classroom that seats 20, and storage . The parking lot is behind this brick building so it does not restrict the parking of the rental house or guests which use the driveway on Academy St. These two buildings are only separated by 6-8 feet so they can not be divided or sold separately. They could easily be combined to create a 4000 sf building, or used as is. The brick building currently generates rental revenue, but could be used or rented out as a full time retail or office building. The property is not in the historic district, but benefits from a tax reduction from the age of the property. It is within walking distance of downtown Wendell and has high visibility due to its location on three of the main road interchanges. Showings will need to be arranged around guests as this is a very popular and successful VRBO rental. The other listing 10059250 features the other building which is a 2000 sq ft fully renovated historic home, currently offered on VRBO as ''Cottage on the Boulevard''. With 5 years of successful rent roll on VRBO and Airbnb, this property brings in around 45k a year. It is currently zoned residential, but can be converted to commercial.

Details

MLS#: 10059253
Price: $300,000

Style: Mixed Use
Sq Ft: 1632
Year Built: 1930

County: Wake
Lot Size: 114 x 81 x 125 x 181 x 67
Tax Fee: 2274