208 St Marys St - Office/Residential FOR SALE


Raleigh, NC 27605
$2,750,000 USD
919-795-8776
208 St Marys St, Raleigh, NC for Sale
$2,750,000 USD
Office/Residential - FOR SALE
1/31
null | Request Cap Rate

Feb '25


208 St Marys St
Raleigh, NC 27605


HIGHLIGHTS

  • Major Renovation Complete in 2025
  • Unique Property with Wonderful Downtown Raleigh Location
  • 1300 SQ Ft Great/Common Room, 9 Office Spaces, Large Finished Basement/Open Space
  • Ample Free Street Parking
  • Covered Bicycle Storage Area
  • 4 Entrances Make Subleasing Easy

OVERVIEW

Cokesbury Holdings presents an exciting office-commercial investment opportunity located in a bullseye location in Raleigh, North Carolina – one of the hottest markets in the country. Located at 208 St. Marys Street, this nearly 6,200 square foot stone masonry church holds historic charm, originally built in 1930. Saint Mary’s High School and Wiley Magnet Elementary School are directly adjacent to this property, including surrounding residential properties. It is within short walking distance of the Glenwood South District which showcases a diverse variety of restaurants and retail options, as well as local favorites such as Raleigh Beer Garden, Taverna Agora, 42nd Street Oyster Bar, and much more. Just a 5-minute walk from downtown Raleigh and only minutes from NC State University, this Property is nicely positioned for easy access to many of the area’s amenities. Significant renovations just completed, the Property features a stunning 1,300 sf great room, 9 Additional Offices and a Large Finished Basement. This freshly updated historic gem features plenty of free street parking in the neighborhood.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$455 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

OX-3

APN/PARCEL ID

1704.18-30-6295-000

ASK ABOUT THIS PROPERTY

Jamie DawsonCokesbury HoldingsMore Info
919-795-8776

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Jamie DawsonCokesbury HoldingsMore Info
919-795-8776

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.