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4802 New Bern Ave, Raleigh, NC 27610 4802 New Bern Ave 11,061 SF Retail Building Raleigh, NC 27610 $2,888,888 ($261.18/SF)
INVESTMENT HIGHLIGHTS
- Prime Location – High-traffic area on New Bern Ave, Raleigh, offering excellent visibility and access.
- Spacious Building – 11,061 sq. ft. building with flexible use for automotive services and more.
- Built for Automotive Success: Currently operating as a multi-service auto center—sales, repairs, bodywork, and paint.
- Auto-Ready & Turn-Key: Fully equipped facility with modern equipment—less than 3 years old and ready to roll!
- High-Growth Market: Situated in Raleigh’s booming business zone—perfect for owner-operators or savvy investors.
- Endless Possibilities on 3.47 Acres: Ample land for expansion, redevelopment, or continued high-yield operations.
EXECUTIVE SUMMARY
This exceptional 3.47-acre property, located on New Bern Ave in Raleigh, NC, presents a rare investment opportunity in a high-traffic commercial corridor. Featuring a 11,061 sq. ft. building, the property is currently utilized for auto sales, auto repair, bodywork, and paint services, making it an ideal choice for automotive businesses or redevelopment.
Equipped with modern equipment less than three years old, this facility is ready for immediate operations. The property is available for $2,888,888.
With its strategic location, strong visibility, and business-ready infrastructure, this property is an outstanding opportunity for investors or owner-operators looking to establish or expand in Raleigh’s growing market.
Equipped with modern equipment less than three years old, this facility is ready for immediate operations. The property is available for $2,888,888.
With its strategic location, strong visibility, and business-ready infrastructure, this property is an outstanding opportunity for investors or owner-operators looking to establish or expand in Raleigh’s growing market.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
11,061 SF
Building Class
C
Year Built/Renovated
1972/1992
Price
$2,888,888
Price Per SF
$261.18
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.47 AC
Zoning
IX-3
Parking
30 Spaces (3.41 Spaces per 1,000 SF Leased)
Frontage
112’ on New Bern Ave
AMENITIES
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1734.13-15-8070-000 | Improvements Assessment | $2,221,491 |
| Land Assessment | $1,780,823 | Total Assessment | $4,002,314 |
PROPERTY TAXES
Parcel Number
1734.13-15-8070-000
Land Assessment
$1,780,823
Improvements Assessment
$2,221,491
Total Assessment
$4,002,314
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4802 New Bern Ave, Raleigh, NC 27610 | 4802 New Bern Ave
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