306 Wait Ave - Fast Food FOR SALE


Wake Forest, NC 27587- Outer Northern Outlying
$750,000 USD
919-819-4039
306 Wait Ave, Wake Forest, NC for Sale
$750,000 USD
Fast Food - FOR SALE
1/33
null | Request Cap Rate

Feb '26


306 Wait Ave
Wake Forest, NC 27587
Outer Northern Outlying


HIGHLIGHTS

  • Medium car traffic
  • close to downtown area
  • retro

OVERVIEW

Prime Downtown Wake Forest Location — Rare commercial property situated in the heart of Wake Forest This 0.39-acre corner parcel is improved with a 1,482 sq ft commercial structure well-suited for retail, restaurant, office, or mixed-use redevelopment. Better yet, purchase the current business and continue the legacy serving the community with delicious ice cream! If business is purchased all equipment and trucks will be included in purchase

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$584 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

CROSS STREETS

E Roosevelt Av

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

RA-HC

APN/PARCEL ID

1841.19-51-7222-000

ASK ABOUT THIS PROPERTY

Mike PonsolleRE/MAX LegacyMore Info
919-819-4039

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Mike PonsolleRE/MAX LegacyMore Info
919-819-4039

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.