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$895,000

  • For Sale
  • Active
  • Commercial Service
  • 3,632 Sq. Ft.
  • 0.45 Acres
  • Updated 2 days ago

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Own a unique part of Downtown Wendell. This property fronts 3 separate roads: Wendell Blvd, Marshburn Rd, and Academy St. It has a separate address for each building (242 W Academy and 3169 Wendell Blvd) and each has separate power and utilities. The first building is a 2000 sq ft fully renovated historic home, currently offered on VRBO as ''Cottage on the Boulevard''. With 8 years of successful rent roll on VRBO and Airbnb, this property brings in around 45k a year. It is currently zoned residential, but can be converted to commercial. The second building is zoned as an office/retail single tenant building that is 1632 sf. This building has also been fully renovated with 4 office/deck spaces, conference table,kitchen and eating area, a classroom that seats 20, and storage . It brings in an additional 25k in rent per year.

Full Property Details for 242 W Academy St #000

General

  • Price: $895,000
  • Taxes: (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: 2253
  • MLS ID: 100558791
  • Updated: 5/13/2026
  • Added to Site: 33 day(s) ago

Business

  • Business Type: Bed & Breakfast, Commercial

Additional Information

  • Shared Amenities: See Remarks

Location

  • County: Wake
  • Subdivision: Not In Subdivision
  • Driving Directions: Wendell Boulevard exit to Left on Academy

Heating & Cooling

  • Heating Type: Electric, Natural Gas

Utilities

  • Sewer: Municipal Sewer
  • Water: Public
  • Utility Description: Natural Gas Available, Electricity Available2, Sewer Connected2, Water Connected3

Structural Information

  • Square Feet: 3,632
  • Year Built: 1915

Lot Features

  • Lot Size (Acres): 0.45
  • Lot Size (Sq. Ft.): 19,602
  • Lot Dimensions: 114 x 81 x 125 x 181 x 67
  • Zoning: NC

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $246.42
  • Assessment Amount: $344,173
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: Lopt 242 W Academy Street
  • Property ID: 70924
  • Block: 960

Listed by Five County Realty, Amanda Rivera

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Listing agent

— 242 W Academy St #000 —

  • Amanda Rivera

    Five County Realty

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 242 W Academy St #000

School District:Wake County Schools
NameGradesDistance
Wendell Elementary
3355 Wendell Boulevard, Wendell, NC 27591
PK-50.1 mi
Wendell Middle
3409 North Carolina 97, Wendell, NC 27591
6-81.7 mi
East Wake High School
5101 Rolesville Road, Wendell, NC 27591
9-123.4 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 242 W Academy St #000 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Listed
$895,000
234.58%
MLS
9/16/2021
Sold
$267,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 242 W Academy St #000

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,742
2%
$344,173
—
2024
$3,678
57%
$344,173
91%
2023
$2,350
7%
$180,473
—
2022
$2,192
2%
$180,473
—
2021
$2,156
2%
$180,473
—
2020
$2,115
-6%
$180,473
5%
2019
$2,258
5%
$171,286
—
2018
$2,145
3%
$171,286
—
2017
$2,077
1%
$171,286
—
2016
$2,052
8%
$171,286
8%
2015
$1,902
3%
$158,902
—
2014
$1,844
4%
$158,902
—
2013
$1,774
—
$158,902
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Five County Realty, Amanda Rivera

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242 W Academy Street #000, Wendell, NC 27591 (MLS# 100558791) is a Commercial Service property. 242 W Academy Street #000 is currently listed for $895,000 and was received on April 13, 2026. Want to learn more about 242 W Academy Street #000? Do you have questions about finding other Commercial Service real estate for sale in Wendell? You can browse all Wendell real estate or contact a Coldwell Banker agent to request more information.

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