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124 E Cabarrus St, Raleigh, NC 27601
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124 E Cabarrus St, Raleigh, NC 27601
Sold for $800,000
124 E Cabarrus St, Raleigh, NC 27601
Sold for $800,000
124 E Cabarrus St, Raleigh, NC 27601
124 E Cabarrus St, Raleigh, NC 27601
124 E Cabarrus St, Raleigh, NC 27601
124 E Cabarrus St, Raleigh, NC 27601

124 E Cabarrus St Raleigh, NC 27601

$800,000

CLOSED
Beds
Baths
Sqft
Acres
0.09
Year
Close Date
Aug 18, 2025
Property Type
Land
Sub Type
Unimproved Land
Date Listed
Jan 16, 2025

Description of 124 E Cabarrus St, Raleigh, NC 27601

Listing details for 124 E Cabarrus St, Raleigh, NC 27601 : OFFERS RECEIVED- Deadline is 12pm March 7 for submissions. 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.
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Listing Updated : 06-19-2026 at 10:25 AM EDT
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Listing Provided By

Meredith Mclaurin Little, 919-757-2175, Hodge & Kittrell Sotheby's Int

Properties displayed may be listed or sold by various participants in the MLS

Source

Triangle, MLS, MLS#: 10071291

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Property History

DateEventPrice
8/18/2025
Sold
$800,000
Source:Triangle, MLS #10071291
1/16/2025
Listed for sale
—
Source:Triangle, MLS #10071291

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The data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Raleigh Realty Inc are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnaillogo (the TMLS logo) and detailed information about them includes the name of the listing firms.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listing firm has attempted to offer accurate data, but the Information is Not Guaranteed and buyers are advised to confirm all items.

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124 E Cabarrus St, Raleigh, NC 27601
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