For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

242 W Academy St, Unit 000 Wendell, NC 27591

View on Map
Sponsored
For Sale
$895,000

MULTI_FAMILY - Wendell, NC

Property size:
3,632 SF
Lot size:
0.45 Acres
Days on Market:
1
Last Refresh:
Mar 7 at 4:06 am

Property Features for 242 W Academy St

General Information

Special listing conditions
Standard
Property type
Residential Multi Family
Property subtype
Other
TransactionType
Standard
Standard status
Active
Zoning
NC
APN
0070924
Size
3,632 SF
Lot size
0.45 Acres

Utilities

Utilities
Natural Gas Available
Heating system
Natural Gas, Electric (Heating)
Water source
Public

Building Details

Year built
1915

We can help!

Listing Contact
Amanda Rivera
Amanda Rivera

Five County Realty (919) 656-7446

Listing agent Amanda Rivera (919) 656-7446 License #200524

Listing date Mar 7, 2026

MLS# 100558791

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

Downtown Wendell Mixed-Use Investment

This unique mixed-use property is located in Downtown Wendell and fronts three separate roads: Wendell Blvd, Marshburn Rd, and Academy St. The property includes two buildings, each with separate addresses (242 W Academy and 3169 Wendell Blvd) and separate power and utilities. One building is a 2000 square foot fully renovated historic home, currently operating as "Cottage on the Boulevard" on VRBO. This residential building has a history of approximately 8 years of successful rent roll on VRBO and Airbnb, generating around $45,000 per year. While currently zoned residential, it can be converted to commercial use. The second building is a 1632 square foot office/retail single tenant building. This building has also been fully renovated and features 4 office/deck spaces, a conference table, a kitchen and eating area, a classroom that seats 20, and storage. It generates an additional $25,000 in rent per year. The lot size is 0.45 acres. The property is located in Wake County, North Carolina, with a zoning designation of NC.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Wendell
County
Wake
State
North Carolina
Longitude
-78.374019
Latitude
35.786316

FAQs

What type of property is this?
Mixed-use property - Unique mixed-use property in downtown Wendell with income potential.
Where is this mixed-use property located?
The property is located at 242 W Academy St, Unit 000 Wendell, NC.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: - Two fully renovated buildings with separate addresses and utilities.; - Proven income-generating property with $45k/year from residential rental and $25k/year from commercial rental.; - Prime downtown location fronting three separate roads.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message