821 Wake Forest Rd - Office/Residential FOR SALE


Raleigh, NC 27604
$2,300,000 USD
919-576-2514
821 Wake Forest Rd, Raleigh, NC for Sale
$2,300,000 USD
Office/Residential - FOR SALE
1/10
null | Request Cap Rate

821 Wake Forest Rd
Raleigh, NC 27604


HIGHLIGHTS

  • Located in the Mordecai neighborhood of Downtown Raleigh
  • Walkable to retail/restaurants on North Person Street
  • Frontage on Wake Forest Road and Mordecai Drive

OVERVIEW

Lee & Associates Raleigh-Durham is pleased to present 821 Wake Forest Road, a 5,310 SF two-story office building for sale in the Mordecai neighborhood of Downtown Raleigh. The building is situated in a trophy location on Wake Forest Road at Mordecai Drive near the Historic Mordecai House. The property is convenient to both Downtown Raleigh and Capital Boulevard/US 1 Hwy. Built in the Colonial Revival style, 821 Wake Forest Road was converted for office. The area has strong demographics and walkable restaurants/retail along North Person Street, making the location attractive for office users.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$433 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

NX-3

APN/PARCEL ID

1704.16-83-6232-0023400

ASK ABOUT THIS PROPERTY

James BaileyLee & AssociatesMore Info
919-576-2514

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James BaileyLee & AssociatesMore Info
919-576-2514

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