124 E Cabarrus Street Pending Save Request In-Person Tour Request Virtual Tour
Raleigh,NC 27601
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 10071291
Annual Tax Amount $8,681
Lot Size 3,920 Sqft
Property Sub-Type Unimproved Land
Property Description
OFFERS RECEIVED- Deadline is 12pm March 7 for submissions.
Rare Find: Income-Generating Downtown Parking Lot Adjacent to the Historic Lincoln Theatre
This exceptional property presents a unique opportunity for developers and investors seeking a prime foothold in the heart of Raleigh's vibrant Central Business District.
Situated on a highly visible corner lot at 124 E. Cabarrus St., this .09 acre property enjoys immediate proximity to the renowned Lincoln Theatre, a cultural landmark. Currently operating as a successful parking lot with a management lease, the property generates consistent income while offering significant upside potential.
Location
State NC
County Wake
Exterior
Utilities Available Electricity Available
View Y/N Yes
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Wake County Schools
Middle Schools Wake County Schools
High Schools Wake County Schools
Others
Special Listing Condition Standard