242 W Academy Street, Wendell, NC 27591

• 3 beds |
• 3 baths |
• 2,031 sqft

Property Description

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 5 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 . The parking lot is behind this brick building so it does not restrict the parking of the rental house or guests which use the driveway on Academy St. These two buildings are only separated by 6-8 feet so they can not be divided or sold separately. They could easily be combined to create a 4000 sf building, or used as is. The brick building currently generates rental revenue, but could be used or rented out as a full time retail or office building. The property is not in the historic district, but benefits from a tax reduction from the age of the property. It is within walking distance of downtown Wendell and has high visibility due to its location on three of the main road interchanges. Showings will need to be arranged around guests as this is a very popular and successful VRBO rental.

Listing Status:

Pending

Date Added:

March 6, 2026

Data Last Updated:

April 6, 2026 at 3:07AM

Listing Office:

Creekside Inc/Five County Real : 919-366-6600

Listing Agent:

Amanda Rivera : 919-656-7446

MLS ID:

10151284

Interior

• General: Apartment/SuiteBathtub/Shower CombinationCeiling Fan(s)Eat-in KitchenGranite CountersSmooth Ceilings
• Appliances: Built-In RangeDishwasherMicrowaveRefrigeratorStainless Steel Appliance(s)
• Laundry: In Hall
• Flooring: Ceramic TileHardwoodVinyl
• A/C: Central AirGas
• Heating: Forced AirGas Pack

Exterior

• General: Fenced YardSecond Residence
• Style: Cottage
• Other Structures: PorchFront PorchSide PorchCovered
• Parking: Additional ParkingParking LotParking spaces: 10

Construction

• Roofing: Shingle
• Windows: Insulated Windows
• General: BrickVinyl SidingOneBrick/MortarPermanent

Location

• Road/Access: City Street
• Originating MLS: Triangle MLS
• County: Wake

Lot

• Zoning: MIXED USE0070924
• View: DowntownView
• Fencing: Chain LinkWood

Utilities

• Utilities: Cable AvailableCable ConnectedNatural Gas AvailableNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Triangle MLS