124 E Cabarrus Street, Raleigh NC 27601

$ 1,200,000
124 E Cabarrus Street, Raleigh NC 27601, ,

Overview

  • Updated On:
  • January 28, 2025
  • Updated On:
  • January 28, 2025

Rare Find: Income-Generating Downtown Parking Lot Adjacent to the Historic Lincoln Theatre

This exceptional property presents a unique opportunity for developers and investors seeking a prime foothold in the heart of Raleigh’s vibrant Central Business District.

Situated on a highly visible corner lot at 124 E. Cabarrus St., this .09 acre property enjoys immediate proximity to the renowned Lincoln Theatre, a cultural landmark. Currently operating as a successful parking lot with a management lease, the property generates consistent income while offering significant upside potential.

Address: 124 E Cabarrus Street, Raleigh NC 27601
City:
State/County:
Zip: 27601
Country: US
Open In Google Maps
Property Id : 1074936
Price: $ 1,200,000
Property Lot Size: 0 ft2
Listed By: Meredith Mclaurin Little
List Office Name: Hodge & Kittrell Sotheby's Int
DOM: 12
ElementarySchool: Wake County Schools
HighSchool: Wake County Schools
LotSizeArea: 3920.4
LotSizeSquareFeet: 3920.4
Other Features
Has a View
You need to login in order to post a review
$ 6,152.64
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,652.64

Contact Me

Call WhatsApp
Thu 06 Feb
Fri 07 Feb
Sat 08 Feb
Sun 09 Feb
Mon 10 Feb
Tue 11 Feb
Wed 12 Feb
Thu 13 Feb
Fri 14 Feb
Sat 15 Feb
In Person
Video Chat
Your information

Similar Listings

3004 Hickory Road, Raleigh NC 27616

$ 499,900
Huge flat lot in tree lined neighborhood just East of North Ridge. Large lot next door als ...
Land
Active

1113 S S Wilmington St Street, Raleigh NC 27...

$ 237,500
Exceptional pre-sale opportunity in vibrant South Park, Downtown Raleigh! This vacant lot ...
Land
Active

1317 Pender Street, Raleigh NC 27610

$ 315,000
Calling All Builders! Prime opportunity in a highly sought-after location just minutes fro ...

1504 Caswell Street, Raleigh NC 27608

$ 1,295,000
Gorgeous corner lots in prestigious Caswell Heights with beautiful old growth Oak trees to ...
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, noncommercial use.

Compare Listings

Lacee Harris