242 W Academy Street 000, Wendell, NC 27591 (MLS# 100558791)


$895,000
242 W Academy Street 000
Wendell, NC 27591
MLS# 100558791
3632 sqft


2023-01-25_08-54-20
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Property Description
Own a unique part of Downtown Wendell. This property fronts 3 separate roads: Wendell Blvd, Marshburn Rd, and Academy St. It has a separate address for each building (242 W Academy and 3169 Wendell Blvd) and each has separate power and utilities. The first building is a 2000 sq ft fully renovated historic home, currently offered on VRBO as ''Cottage on the Boulevard''. With 8 years of successful rent roll on VRBO and Airbnb, this property brings in around 45k a year. It is currently zoned residential, but can be converted to commercial. The second building is zoned as an office/retail single tenant building that is 1632 sf. This building has also been fully renovated with 4 office/deck spaces, conference table,kitchen and eating area, a classroom that seats 20, and storage . It brings in an additional 25k in rent per year.

Details
Maps
Building/Ext Features
Fireplace Y/N: No
Lot Acres: 0.45
Lot SqFt: 19602
Lot Dimensions: 114x81x125x181x67
SqFt - Apx Total: 3632
SqFt - Office: 1632
Location Type: Mainland
Contract Info
Available Date: 2026-03-06
Delayed Marketing?: No
Sub-Type: Multi Family
Garage: N/A
List Price/SqFt: 246.42
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2026-03-06
Listing Price: 895000
Current Price: $895,000
Location Information
Unit #: 000
City Limits: Yes
Marketing City: Wendell
Secondary Subdivision: N/A
Street #: 242
Pre Direction: W
Street Name: Academy
Street Suffix: Street
County: Wake
State/Province: NC
Zip Code: 27591
Subdivision: Not In Subdivision
Geo Lat: 35.786316
Geo Lon: -78.374019
Remarks and Showing
Sign on Property: No
Directions to Property: Wendell Boulevard exit to Left on Academy
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 344173
Deed Book: 18735
Deed Page: 960
Legal: Lopt 242 W Academy Street
Broker Owner: Yes
PID: 1784.19-51-6659.000
Tax Identifier: 0070924
Plat Book: 18735
Plat Page: 960
Special Assessments: 0
Tax Year: 2025
Zoning: NC
HOA: No
Cobra Zone: No
Year Built: 1915
Showing Instructions
24 Hour Notice: 1
Special Instructions: 1
Business Type
Bed & Breakfast: 1
Commercial: 1
HOA and Neigh Amenities
See Remarks: 1
Sale/Lease Includes
Buildings: 1
Fixtures: 1
Land: 1
Heating System Fuel Source
Electric: 1
Natural Gas: 1
Water Heater
Natural Gas: 1
Utilities
Electricity Available: 1
Natural Gas Available: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Municipal Water: 1
Sewer
Municipal Sewer: 1
BuildingExt Features
SqFt - Heated (Primary): 3632
Property Features
Business Type: Bed & Breakfast; Commercial
Showing Instructions: 24 Hour Notice; Special Instructions
HOA and Neigh Amenities: See Remarks
Heating System Fuel Source: Electric; Natural Gas
Water Heater: Natural Gas
Utilities: Electricity Available; Natural Gas Available; Sewer Connected; Water Connected
Sewer: Municipal Sewer
Water Source: Municipal Water

IDX
Listing Office: Five County Realty

Last Updated: April - 15 - 2026

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