Bought with CityPlat
$570,000
$570,000
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200 N Arendell Avenue Zebulon, NC 27597
4,548 SqFt
Key Details
Sold Price $570,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 4,548 sqft
Price per Sqft $125
MLS Listing ID 10103857
Sold Date 09/08/25
Style Site Built
Abv Grd Liv Area 4,548
Year Built 1950
Annual Tax Amount $4,801
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Business
Source Triangle MLS
Property Description
Prime Downtown Commercial property located on the corner of Arendell Avenue and Horton Street. Excellent investment opportunity with established tenants in place.
**FIve rental units! three are rented , two vacant.
101 Horton St $400/mo, 547 SF
103 Horton St $750/mo 1306 SF
105 Horton St $1100/mo 805 SF
200 A Arendell Ave vacant 1170 SF
200 B Arendell Ave owner occupied 720 SF
Great income potential only one unit has lease expiring 12/25, others are month to month. Market income estimated around $6,500/ month.
Approximately 11% return after annual taxes, insurance, etc.
Location
State NC
County Wake
Zoning DTC
Direction From Raleigh: I87 to Zebulon. Exit at Hwy 96 and turn right onto Arendell Ave. Property located downtown on corner of Arendell and Horton.
Interior
Heating Central, Forced Air
Cooling Central Air
Exterior
Utilities Available Electricity Available, Electricity Connected, Sewer Connected, Water Available
Roof Type Flat
Street Surface Asphalt
Private Pool No
Building
Faces From Raleigh: I87 to Zebulon. Exit at Hwy 96 and turn right onto Arendell Ave. Property located downtown on corner of Arendell and Horton.
Story 1
Sewer Public Sewer
Level or Stories 1
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 2705346946
Special Listing Condition Standard
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