Theresalunthomes.com Search Results

2 listings

Refine Search

Sort by

Large Corner Building in downtown Zebulon at a traffic light. ATTENTION INVESTORS & DEVELOPERS! A generational opportunity to anchor Wake County's fastest-growing downtown. 117/123 N Arendell Ave offers a massive 10,000 SF historic footprint in the highly sought-after Downtown Core (DTC) of Zebulon. Built in 1920, this architectural blank slate is the ultimate adaptive-reuse play—ideal for a food hall, microbrewery, co-working hub, or multi-tenant retail. THE METRICS THAT MATTER: Priced strategically at $1,600,000 ($158/SF) in a verified hyper-growth market. Massive spread against stabilized comps. Proforma NOI: $147,250 with an 8.42% Stabilized Cap Rate. Location: Prime N Arendell Ave frontage with heavy foot traffic generators. Incentives: Eligible for Town of Zebulon Facade Grants. With 4 comparable properties analyzed, the data confirms this is a rare value-add geometry. Surrounded by thriving local businesses and just 26 mins from Raleigh, the upside is substantial. Will not last long. Inquire for the full underwriting dossier today.Some buildings simply house businesses. A rare few get to dictate the future of an entire town. Standing proudly since 1920, 117/123 N Arendell Ave isn't just a building; it is the beating heart of Zebulon's downtown renaissance. In a hyper-growth market where authentic historic architecture is rapidly disappearing, this 10,000-square-foot canvas offers an unrepeatable opportunity. Imagine the morning sun illuminating century-old exposed brick as locals gather for artisanal coffee, or the evening hum of a vibrant microbrewery echoing through soaring historic rafters. At a strategic $1,600,000, you aren't just buying real estate. You are acquiring the power to shape the culture and commerce of one of Wake County's next boomtowns. The history is written. The highly profitable next chapter is yours to author. Will you be the one to claim it?

10171257 MLS ⋅ ACTIVE Status

Large Corner Building in downtown Zebulon at a traffic light. ATTENTION INVESTORS & DEVELOPERS! A generational opportunity to anchor Wake County's fastest-growing downtown. 117/123 N Arendell Ave offers a massive 10,000 SF historic footprint in the highly sought-after Downtown Core (DTC) of Zebulon. Built in 1920, this architectural blank slate is the ultimate adaptive-reuse play—ideal for a food hall, microbrewery, co-working hub, or multi-tenant retail. THE METRICS THAT MATTER: Priced strategically at $1,600,000 ($158/SF) in a verified hyper-growth market. Massive spread against stabilized comps. Proforma NOI: $147,250 with an 8.42% Stabilized Cap Rate. Location: Prime N Arendell Ave frontage with heavy foot traffic generators. Incentives: Eligible for Town of Zebulon Facade Grants. With 4 comparable properties analyzed, the data confirms this is a rare value-add geometry. Surrounded by thriving local businesses and just 26 mins from Raleigh, the upside is substantial. Will not last long. Inquire for the full underwriting dossier today.Some buildings simply house businesses. A rare few get to dictate the future of an entire town. Standing proudly since 1920, 117/123 N Arendell Ave isn't just a building; it is the beating heart of Zebulon's downtown renaissance. In a hyper-growth market where authentic historic architecture is rapidly disappearing, this 10,000-square-foot canvas offers an unrepeatable opportunity. Imagine the morning sun illuminating century-old exposed brick as locals gather for artisanal coffee, or the evening hum of a vibrant microbrewery echoing through soaring historic rafters. At a strategic $1,600,000, you aren't just buying real estate. You are acquiring the power to shape the culture and commerce of one of Wake County's next boomtowns. The history is written. The highly profitable next chapter is yours to author. Will you be the one to claim it?

117 N Arendell Ave, Zebulon

Grandfathered thirteen 3/4 ac lot mobile home park with big potential. Take advantage of recent tax law changes that allow 100% depreciation of this cash-cow investment! Each lot has it's own 3 bedroom septic drain field. One 12.5 gal/min well 52' deep in rock with a 100 gal holding tank services all these lots. Includes 8 owned single wide MH, plus 4 individually owned MH on month-to-month site rentals and one vacant site. Located 5 miles N of Zebulon, 14 miles NE of Raleigh & 10 miles E of Rolesville NC, just S of Perry's Pond. Franklin Co. will not allow any new MH Parks in this section of the county. Recently repaired private gravel Park rd. Court ordered sale will have upset bid process through the Franklin Co., NC Clerk of Court.

10136063 MLS ⋅ CLOSED Status

Grandfathered thirteen 3/4 ac lot mobile home park with big potential. Take advantage of recent tax law changes that allow 100% depreciation of this cash-cow investment! Each lot has it's own 3 bedroom septic drain field. One 12.5 gal/min well 52' deep in rock with a 100 gal holding tank services all these lots. Includes 8 owned single wide MH, plus 4 individually owned MH on month-to-month site rentals and one vacant site. Located 5 miles N of Zebulon, 14 miles NE of Raleigh & 10 miles E of Rolesville NC, just S of Perry's Pond. Franklin Co. will not allow any new MH Parks in this section of the county. Recently repaired private gravel Park rd. Court ordered sale will have upset bid process through the Franklin Co., NC Clerk of Court.

99 Arrowhead Dr, Zebulon

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .