124 E Cabarrus Street, Raleigh, NC 27601

Local realty services provided by:ERA Parrish Realty Legacy Group
#1#2#3
124 E Cabarrus Street,Raleigh, NC 27601
$840,000
  • 0.09 Acres
  • Lots / Land
  • Pending
Listed by:meredith mclaurin little
Office:hodge & kittrell sotheby's int
MLS#:10071291
Source:RD

Price summary

  • Price:$840,000

About this home

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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Home facts

  • Listing Id #:10071291
  • Added:209 day(s) ago
  • Updated:August 05, 2025 at 07:20 AM

Structure and exterior

  • Lot area:0.09 Acres

Schools

  • High school:Wake County Schools
  • Middle school:Wake County Schools
  • Elementary school:Wake County Schools

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$840,000
  • Tax amount:$8,681
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