408 Madison Avenue, Cary, NC

$1,190,000

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3

Beds

2

Baths

1,174

Square feet

0.37

Acres

About 408 Madison Avenue

The largest piece of a 1.12-Acre combined lot next to Downtown Cary--you can NOT miss it! 0.37 Acres of 4 adjacent parcels totaling of 100% buildable 1.12 prime acres of Land in the heart of Downtown Cary! This 1.12-acre continuous land has the potential to be subdivided and built into high-end townhomes, condos, or apartments. With public water, sewer, and power already available, this is a developer's dream in one of the Triangle's most desirable and fast-growing areas! Right next to the Business Development District of Town of Cary, just a short walk to bus stops, Cary Station, shopping, restaurants, coffee shops, banks, Cary Downtown Park, museums, and the new library, These 4 adjacent parcels offer unbeatable location, walkability, and long-term value. Whether you are a builder, investor, or developer, This is your chance to secure a large footprint in downtown Cary-an opportunity that rarely comes along! The combined listings are 10093410, 10094396, 10095144. Lot limits are just for illustration. Accurate lot lines will be decided by survey. Buyers are responsible for verifying the details for development.

Features of 408 Madison Avenue

MLS® # 10089900
Price $1,190,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,174
Acres 0.37
Year Built 1971
Type Residential
Sub-Type Single Family Residence
Style Ranch
Status Active

Community Information

Address 408 Madison Avenue
Subdivision Not in a Subdivision
City Cary
County Wake
State NC
Zip Code 27513-4401

Amenities

Parking Spaces 3
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Electric, Hot Water, Natural Gas
Cooling Ceiling Fan(s), Electric, Gas
Fireplace No
# of Stories 1
Stories One
Has Basement No

Exterior

Roof Asphalt, Fiberglass
Construction Batts Insulation, Blown-In Insulation, Fiber Cement, HardiPlank Type, Shake Siding
Foundation Raised

School Information

Elementary Wake - Weatherstone
Middle Wake - East Cary
High Wake - Cary

Additional Information

Date Listed April 17th, 2025
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCostello Real Estate & Investm

Listing Map

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