919-645-2764
500 E Davie St, Raleigh, NC for Sale
Restaurant - FOR SALE
1/11
null | Request Cap Rate

500 E Davie St
Raleigh, NC 27601
South Central


HIGHLIGHTS

  • Strategic Location.
  • Fully Renovated in 2018.

OVERVIEW

York Properties is pleased to bring to market the iconic Transfer Co. Food Hall, a landmark investment opportunity in the heart of downtown Raleigh. This historic 1920s building underwent a full renovation in 2018 blending its original architectural character with modern functionality to create a vibrant food hall and community gathering space. Strategically located just blocks east of the ongoing Moore Square redevelopment, the property is well positioned to benefit from the area’s continued growth. The property offers a diverse tenant mix, strong in-place income, and significant value-add potential. Recent upgrades minimize near-term capital needs, making this a dynamic, adaptable asset in one of Raleigh’s most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Transfer Co. Food Hall - Downtown Raleigh

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

IX-3-UL-CU

APN/PARCEL ID

1703.44-97-1145-000

ASK ABOUT THIS PROPERTY

Judson McMillanYork PropertiesMore Info
919-645-2764

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Judson McMillanYork PropertiesMore Info
919-645-2764

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