Commercial $ 275,000

800 N Teachey RD

Wallace, NC 28466

  • 3,300 SqFt
  • 0.99 Lot Size
  • 1962 Year Built
Exceptional Opportunity for Congregate Living or Group Home Use in the Town of Wallace

Situated on approximately one acre in the heart of Wallace, this well-maintained property presents a rare and highly adaptable opportunity for use as a group home, congregate living facility, or similar residential service operation. Thoughtfully designed and equipped for functionality, safety, and accessibility, the property offers a strong foundation for operators seeking a turn-key or easily adaptable space.

The home features ADA-compliant elements throughout, along with a comprehensive fire alarm that is WiFi-enabled for enhanced monitoring and peace of mind. A dedicated parking lot provides ample on-site parking for staff and visitors.

Inside, the layout supports efficient operations with an overnight supervisor's quarters complete with an en suite bathroom, a designated control room, and several common areas that can accommodate residents comfortably. The large commercial-style kitchen is equipped with restaurant-grade sinks and a vent hood already on site, offering the capacity to serve residents efficiently.

A laundry room is also on site for residents.

Recent improvements include a newer roof and updated windows, adding to the property's overall durability and long-term value. The expansive lot allows for outdoor space, future expansion potential, or additional amenities, subject to local approvals.

This is a unique opportunity to acquire a property that has been thoughtfully outfitted for congregate living use, located in a community where such services can provide meaningful impact. Ideal for operators, nonprofits, or investors seeking a purpose-driven property with strong infrastructure already in place.
Listed by Berkshire Hathaway HomeServices Carolina Premier Properties

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Improved

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 300 sqft

    Price per Sqft $83

    Subdivision Not In Subdivision

    MLS Listing ID 100553342

    HOA Y/N No

    Year Built 1962

    Lot Size 0.990 Acres

    Acres 0.99

    Lot Dimensions 205x264x184x178

    Property Sub-Type Improved

    Source Hive MLS

  • Location

    State NC

    County Duplin

    Community Not In Subdivision

    Zoning R-6

    Direction From I-40 W, take the Wallace Exit, turn left onto Hwy 117. Follow into the town of Wallace. Turn right onto E. Lanier Street. At the second intersection, turn left onto N. Teachey Rd. 800 N. Teachey Rd will be on the right.

    Location Details Mainland

  • Rooms

    Basement None

  • Building

    Lot Description Level, Cleared2

    Foundation Slab

    Water Public

    New Construction No

  • Interior

    Heating Electric, Forced Air

    Cooling Central Air

    Flooring LVT/LVP, Vinyl

  • Exterior

    Parking Features Parking Lot, Gravel, Off Street, On Site

    Utilities Available Electricity Connected, Propane5, Sewer Connected2, Water Connected3

    Amenities Available None

    Roof Type Shingle

  • Others

    Tax ID 093045

    Acceptable Financing 1031 Exchange, SBA, Cash, Conventional

    Listing Terms 1031 Exchange, SBA, Cash, Conventional

    Special Listing Condition Standard

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CONTACT

Jennifer Richardson
Jennifer Richardson

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