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.
Sold for $800,000
Zillow last checked:
Listing updated:
Bought with:
Non Member
Non Member Office
Source: Doorify MLS,MLS#: 10071291
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2025 | Sold | $800,000-4.8% |
Source:  Doorify MLS #10071291 Report a problem | ||
| 3/8/2025 | Pending sale | $840,000 |
Source: Doorify MLS #10071291 Report a problem | ||
| 2/28/2025 | Price change | $840,000-30% |
Source: Doorify MLS #10071291 Report a problem | ||
| 1/16/2025 | Listed for sale | $1,200,000 |
Source: Doorify MLS #10071291 Report a problem | ||
