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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
Drug Store
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
88’ on Arendell Ave

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

PROPERTY TAXES

Parcel Number
2705.10-35-2277-000
Land Assessment
$150,270
Improvements Assessment
$1,068,565
Total Assessment
$1,218,835
  • Listing ID: 27131575

  • Date on Market: 11/16/2022

  • Last Updated:

  • Address: 303 N Arendell Ave, Zebulon, NC 27597

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