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4716 New Bern Ave
Raleigh, NC 27610

Price Upon Request

Hotel For Sale • 25,940 SF

Property Details

Property Type Hotel
Total Building Size 25,940 SF
Lot Size 1.32 AC
Building Class C
Year Built 1996
Tenancy Single
Zoning CX-3-PL

39 Transit Score

50 Walk Score

                
                    Highlights
                
                                Wall-mounted HVAC in units.
                            
                                Allows for easy access to Downtown Raleigh and existing public transit.
                            
                                New development around transit lines is set to focus on affordable housing options.
                            
                                Prime Location: Situated on the New Bern Avenue corridor, ideal for affordable housing conversion.
                            
                                Flexible Zoning: Permitted uses include multi-unit residential, perfect for studio apartment projects.
                            
                                Significant Upgrades: $700,000 spent in 2023 on capital improvements, including showers, flooring, and paint.

Property Flyers

4716 New Bern Ave Redevelopment

Amenities

Business Center
Fitness Center
High Speed Internet Access
Patio
Meeting Event Space
Public Access Wifi

Public Transportation

Commuter Rail	Drive	Walk	Distance
Raleigh Union Station (Piedmont - North Carolina by Train (NC Train))	12 min	-	6.1 mi
Airport	Drive	Walk	Distance
Raleigh-Durham International	29 min	-	19.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	50
Type:	Surface
Included in Rent:	Yes

Gray Rodgers 252-673-2388 Skybridge Group

4716 New Bern Ave Raleigh, NC 27610