800 N Teachey RD Wallace, NC 28466
UPDATED:
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
Property Description
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.
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.
Rooms
Basement None
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
Building
Lot Description Level, Cleared2
Foundation Slab
Water Public
New Construction No
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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