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$275,000
Property Description
Exceptional Opportunity for Congregate Living or Group Home Use in the Town of Wallace Situated on approximately one acre in the heart of Wallace, this well-maintained property presents a rare and highly adaptable opportunity for use as a group home, congregate living facility, or similar residential service operation. Thoughtfully designed and equipped for functionality, safety, and accessibility, the property offers a strong foundation for operators seeking a turn-key or easily adaptable space. The home features ADA-compliant elements throughout, along with a comprehensive fire alarm that is WiFi-enabled for enhanced monitoring and peace of mind. A dedicated parking lot provides ample on-site parking for staff and visitors. Inside, the layout supports efficient operations with an overnight supervisor's quarters complete with an en suite bathroom, a designated control room, and several common areas that can accommodate residents comfortably. The large commercial-style kitchen is equipped with restaurant-grade sinks and a vent hood already on site, offering the capacity to serve residents efficiently. A laundry room is also on site for residents. Recent improvements include a newer roof and updated windows, adding to the property's overall durability and long-term value. The expansive lot allows for outdoor space, future expansion potential, or additional amenities, subject to local approvals. This is a unique opportunity to acquire a property that has been thoughtfully outfitted for congregate living use, located in a community where such services can provide meaningful impact. Ideal for operators, nonprofits, or investors seeking a purpose-driven property with strong infrastructure already in place.
Full Property Details
Full Property Details for 800 N Teachey Rd
General
- Price: $275,000
- Taxes: $455 (2025)
- Status: Active
- Type: Commercial
- Source: 2253
- MLS ID: 100553342
- Updated: 5/13/2026
- Added to Site: 96 day(s) ago
Business
- Business Type: Commercial, Other
Interior
- Flooring: LVT/LVP, Vinyl
Additional Information
- Shared Amenities: None
Parking
- Parking Features: Parking Lot, Gravel, Off Street, On Site
Location
- County: Duplin
- Subdivision: Not In Subdivision
- Driving Directions: From I-40 W, take the Wallace Exit, turn left onto Hwy 117. Follow into the town of Wallace. Turn right onto E. Lanier Street. At the second intersection, turn left onto N. Teachey Rd. 800 N. Teachey Rd will be on the right.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Forced Air
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Electricity Connected, Propane, Sewer Connected, Water Connected
Structural Information
- Construction: Block
- Basement Desc.: None
- Roof: Shingle
- Square Feet: 3,300
- Current Bldg. Use: Vacant, Commercial
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.99
- Lot Size (Sq. Ft.): 43,124
- Lot Dimensions: 205 x 264 x 184 x 178
- Frontage: City Street, State Road, Asphalt, Maintained, Paved, Paved
- Lot Features: Level, Cleared
- Zoning: R-6
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $83.33
- For Sale/Rent/Lease: Sale
- Assessment Amount: $41,050
- Tax Amount: $455.66
- Tax Year: 2025
- Terms: 1031 Exchange, SBA, Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: P55-D REST HOME 2010:WINFRED N KENAN 1/2 & MATTIE K. STALLINGS 1/2
- Property ID: 93045
- Block: 206
Listed by Berkshire Hathaway HomeServices Carolina Premier Properties, Jennifer Richardson Real Estate and Berkshire Hathaway HomeServices Carolina Premier Properties, Jennifer Richardson
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Schools
Schools serving 800 N Teachey Rd
School District:Duplin County Schools
| Name | Grades | Distance |
|---|---|---|
Wallace Elementary 4266 North Carolina 11, Wallace, NC 28466 | PK-8 | 1.1 mi |
Wallace-Rose Hill High 602 High School Road, Teachey, NC 28464 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 800 N Teachey Rd
Date
Details
Price
Change
Source
2/07/2026
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 800 N Teachey Rd
800 N Teachey Road, Wallace, NC 28466 (MLS# 100553342) is a Commercial property. 800 N Teachey Road is currently listed for $275,000 and was received on February 07, 2026. Want to learn more about 800 N Teachey Road? Do you have questions about finding other Commercial real estate for sale in Wallace? You can browse all Wallace real estate or contact a Coldwell Banker agent to request more information.