209 Fayetteville St - Loft/Creative Space FOR SALE


Raleigh, NC 27601
$5,600,000 USD
919-866-4260
209 Fayetteville St, Raleigh, NC for Sale
$5,600,000 USD
Loft/Creative Space - FOR SALE
1/7
null | Request Cap Rate

209 Fayetteville St
Raleigh, NC 27601


HIGHLIGHTS

  • Exterior signage opportunities ranging from parapet, projecting and placard
  • Building secured by a ButterflyMX video intercom system

OVERVIEW

An iconic investment opportunity in downtown Raleigh. Built in 1925 (and renovated most recently in 2021), 209 Fayetteville Street has been home to many local prominent businesses over the years, including the Tharrington Smith law firm and the North Carolina Retail Merchants Association. With a walk score of 97, the building’s location is within close proximity to countless downtown amenities including restaurants and bars, banks, hotels, places of worship, the Wake County Courthouse and the Capitol Building. The building is being offered for sale as an investment or owner occupant opportunity. Existing tenancy offers both flexibility and cashflow with tenants including lobbyists and lawyers.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

DX-40

APN/PARCEL ID

1703.34-78-1263-000

ASK ABOUT THIS PROPERTY

Braxton AnthonyRich Commercial RealtyMore Info
919-866-4260

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Braxton AnthonyRich Commercial RealtyMore Info
919-866-4260

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