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4716 New Bern Ave
Raleigh, NC 27610
Welcome Raleigh Inn · Hospitality Property For Sale · 25,940 SF

Investment Highlights

  • Located along New Bern Avenue proximate to all local demand generators
  • Historical Revenues in the $1.1M range (pre-reno / covid)
  • Fee simple interest in the 60-unit Econo Lodge Raleigh
  • Renovations done in 2022-2023
  • Upside opportunity with hands on approach as current ownership is absentee

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.32 AC
Building Size 25,940 SF
No. Stories 2
Year Built/Renovated 1996/2023
Tenancy Single
Parking Ratio 0.92/1,000 SF
Corridor Interior
Zoning CX-3-PL - Commercial Mixed Use

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi

Property Taxes

Property Taxes

Parcel Number
1734.09-15-3368-000
Land Assessment
$862,485
Improvements Assessment
$3,595,276
Total Assessment
$4,457,761
  • Listing ID: 36901843

  • Date on Market: 7/24/2025

  • Last Updated:

  • Address: 4716 New Bern Ave, Raleigh, NC 27610

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