303 N Arendell Ave
Zebulon, NC 27597
Bankruptcy Auction - Partially Leased Retail · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Approx. 8,518 sq. ft. including usable balcony space.
- Located just steps from Historic Downtown Zebulon, the 2nd fastest growing town in NC
- Approx. $51,000 in rental income with upside potential for investors or opportunity for new owner/user to off-set operating expenses.
- Partially leased with upside potential
- Convenient pharmacy drive-thru & dedicated parking
- All transactions subject to Bankruptcy Court approval
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,991 SF
Building Class
B
Year Built
1975
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.70
Lot Size
0.23 AC
Zoning
CB
Parking
18 Spaces (2.57 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Mezzanine
- Signage
- Drive Thru
ABOUT 303 N ARENDELL AVE , ZEBULON, NC 27597
The Zebulon site is a spacious 8,518 sq. ft. (incl. usable balcony space) fee-owned retail property with room for expansion. This freestanding retail property with drive-thru access was built in 1971, with additions in 1995 & 2017.
PROPERTY TAXES
| Parcel Number | 2705.10-35-2277-000 | Improvements Assessment | $1,068,565 |
| Land Assessment | $150,270 | Total Assessment | $1,218,835 |
