Exceptional Investment Opportunity: Fire-Damaged Historic Home with Commercial/Residential Zoning

Description

Property Overview:

Structure: 3 bedrooms, 1 bathroom, 1,310 sq ft home requiring full rehabilitation due to fire damage.
Lot Size: 0.18 acre with a prime location that combines the charm of residential living and the potential for commercial development.
Zoning: RMX (Residential Mixed-Use), permitting up to 4 units, offers unparalleled flexibility for investors looking to capitalize on both residential and commercial opportunities.

Location Highlights:

Just 0.9 miles from the heart of Downtown Wake Forest and the Southeastern Baptist Seminary, this property is perfectly positioned for strategic redevelopment.
The mixed-use zoning and proximity to key Wake Forest destinations make it an ideal spot for a variety of projects, including multi-family units, boutique retail, or office spaces.
Historical Significance:

Built in 1901, this property offers a unique chance to preserve a piece of Wake Forest’s history while transforming it into a modern asset.
Investment Potential:

This property represents a rare opportunity to rehabilitate a historic structure for modern use, catering to the growing demand for mixed-use spaces in Wake Forest.
The flexible RMX zoning and strategic location near downtown and educational institutions increase its appeal to investors and developers seeking to maximize their return on investment.
Seize this opportunity to own a piece of Wake Forest’s history with the potential for significant financial returns. Ideal for seasoned investors, developers, or anyone passionate about restoration and redevelopment.