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1404 New Bern Ave, Raleigh, NC 27610
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1404 New Bern Ave, Raleigh, NC 27610
1404 New Bern Ave, Raleigh, NC 27610
1404 New Bern Ave, Raleigh, NC 27610
1404 New Bern Ave, Raleigh, NC 27610
1404 New Bern Ave, Raleigh, NC 27610
1404 New Bern Ave, Raleigh, NC 27610

1404 New Bern Ave Raleigh, NC 27610

$1,600,000

ACTIVE
Beds
Baths
Sqft
1,891
Acres
0.16
Year
1963
Days on Site
1
Property Type
Commercial Sale
Sub Type
Retail
Per Square Foot
$846
Date Listed
May 2, 2026

Description of 1404 New Bern Ave, Raleigh, NC 27610

Listing details for 1404 New Bern Ave, Raleigh, NC 27610 : Rarely available, prime investment and development opportunity in an unbeatable location approximately 1 mile from Downtown Raleigh. Property offers strong visibility and frontage on New Bern Avenue. Zoned NX-3 (Neighborhood Mixed Use), allowing for a wide range of residential, commercial, and mixed-use development options. Property is three units but currently operating as one unit. Situated within an Opportunity Zone, providing potential tax advantages and alternate zoning opportunities. Currently leased through 2027 on a Triple Net (NNN) lease, offering stable income with minimal landlord responsibilities. Positioned at a planned stop for the future Raleigh Bus Rapid Transit (BRT) line, supporting long-term growth and accessibility. Ideal for investors or future owner-operators.
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Listing Updated : 05-02-2026 at 12:15 PM EDT
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Listing Provided By

Courtney Elstad, 760-696-5575, Coast 2 Coast Real Estate Conn

Source

Triangle, MLS, MLS#: 10164475

Property History

DateEventPrice
5/2/2026
Listed for sale
$1,600,000
$846/sqft
Source:Triangle, MLS #10164475
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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.

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1404 New Bern Ave, Raleigh, Nc 27610
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