Highly Visible commercial or residential property. Corridor Mixed Use Zoning allows for lots of potential uses. Road improvement project for intersection in is the works.
Own a unique part of Downtown Wendell. This property fronts 3 separate roads: Wendell Blvd, Marshburn Rd, and Academy St. It has a separate address for each building (242 W Academy and 3169 Wendell Blvd) and each has separate power and utilities. The first building 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. The second 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.
Great business opportunity in one of the most rapidly growing area in Wake County! Highly visible location just outside of Wendell with a building that would be perfect for retail, gas station, or office space with an apartment on the second level. Now is the time to invest in this fast-growing market and make your business dreams come true. Lot behind building is also available (MLS 2459862).
Wendell is located in North Carolina. Wendell, North Carolina has a population of 6,516. Wendell is less family-centric than the surrounding county with 30.46% of the households containing married families with children. The county average for households married with children is 39.29%.
The median household income in Wendell, North Carolina is $53,730. The median household income for the surrounding county is $73,577 compared to the national median of $57,652. The median age of people living in Wendell is 37 years.
The average high temperature in July is 89.1 degrees, with an average low temperature in January of 27.8 degrees. The average rainfall is approximately 46.1 inches per year, with 2.6 inches of snow per year.