800 N Teachey Road Wallace, NC 28466
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.
property details
Interior Features
Exterior Features
Gravel
Off Street
On Site
Utility & Building Info
Forced Air
Price History
| date | event | price | source |
|---|---|---|---|
|
06/06/2026
06/06/2026
|
Sold |
$250,000
|
Hive MLS NorthCarolina |
|
05/18/2026
05/18/2026
|
Pending |
$275,000
|
Hive MLS NorthCarolina |
|
02/07/2026
02/07/2026
|
Active |
$275,000
|
Hive MLS NorthCarolina |
Market Trends
Source: Constellation1
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