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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

$1,300,000

ACTIVE
Beds
Baths
Sqft
1,891
Acres
0.16
Year
1963
Days on Site
160 Days
Property Type
Commercial Sale
Sub Type
Retail
Per Square Foot
$687
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 : 08-09-2026 at 1:00 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
8/9/2026
Price Change
$1,300,000 -18.7%
$687/sqft
Source:Triangle, MLS #10164475
5/2/2026
Listed for sale
$1,600,000
$846/sqft
Source:Triangle, MLS #10164475
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The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
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1404 New Bern Ave, Raleigh, NC 27610
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