919-621-9890
3640 Bastion Ln, Raleigh, NC for Sale
Freestanding - FOR SALE
1/10
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3640 Bastion Ln
Raleigh, NC 27604
Greater East Raleigh


HIGHLIGHTS

  • Configured with five former movie theaters and a mezzanine level of offices.
  • Positioned near the I-440 Beltline and New Bern Avenue with strong regional connectivity.
  • Offers 121 on-site parking spaces to support high-traffic uses.
  • Located within a recognized retail and commercial corridor with robust traffic volumes exceeding 100,000 AADT.
  • Flexible IND-1 zoning supports diverse commercial uses and adaptive reuse opportunities.

OVERVIEW

The property at 3640 Bastion Lane presents an opportunity to secure a versatile event facility in the growing Raleigh market. Spanning 21,650 square feet on a 2.61-acre parcel, the building was originally developed as multiple theaters and now offers a configuration accommodating gatherings, entertainment concepts, or adaptive reuse projects. Features include five distinct auditorium-style rooms, a welcoming lobby, and a partial second-floor office area. The site benefits from zoning under IND-1, providing flexibility for various commercial applications. Parking is abundant with 121 spaces, and accessibility is seamless via proximity to I-440 Beltline and New Bern Avenue—arterial routes linking the property to Raleigh’s core and the greater Triangle region. Surrounding traffic counts of more than 100,000 vehicles daily enhance visibility and long-term asset utility. This offering combines strong locational fundamentals with a structure suitable for repositioning to suit investor objectives.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

121

LAND DETAILS

LAND ACRES

2.61 AC

LAND SF

113,692 SF

ZONING

IND-1

APN/PARCEL ID

1724.10-46-1030-000

ASK ABOUT THIS PROPERTY

919-621-9890

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919-621-9890

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