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153 S White St 1,470 SF Retail Building Wake Forest, NC 27587 $720,000 ($489.80/SF)


Investment Highlights
- Corner location along a recognized downtown corridor in Wake Forest.
- In proximity to area dining, retail, and service amenities supporting steady foot traffic.
- Accessible to nearby residential neighborhoods and local patron bases.
- Just minutes from U.S. Highway 1, offering convenient regional access.
Executive Summary
This freestanding retail property in downtown Wake Forest offers a distinctive opportunity for ownership in a steadily growing area with historic charm. Built in 1947, the building features a compact footprint that lends itself to various uses, from boutique retail to specialty services. Positioned at the intersection of S White Street and E Jones Avenue, the asset benefits from local foot traffic, visibility to neighborhood residents, and proximity to community destinations.
Located within Wake Forest’s active business district, the property sits in an area characterized by established storefronts, restaurants, and service providers, making it a natural fit for tenants or operators seeking an intimate, Main Street setting. With a competitive purchase price and the surrounding district’s stability, this property offers the potential for long-term value in a thriving suburban market near the Raleigh metropolitan region.
Located within Wake Forest’s active business district, the property sits in an area characterized by established storefronts, restaurants, and service providers, making it a natural fit for tenants or operators seeking an intimate, Main Street setting. With a competitive purchase price and the surrounding district’s stability, this property offers the potential for long-term value in a thriving suburban market near the Raleigh metropolitan region.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,470 SF
Building Class
C
Year Built
1947
Price
$720,000
Price Per SF
$489.80
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.03 AC
Zoning
RA-HC - Residential, Historic Commercial
Frontage
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1841.19-51-0294-000 | Improvements Assessment | $176,674 |
| Land Assessment | $21,173 | Total Assessment | $197,847 |
Property Taxes
Parcel Number
1841.19-51-0294-000
Land Assessment
$21,173
Improvements Assessment
$176,674
Total Assessment
$197,847
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Contact the Sale Advisor
153 S White St
