516 W Peace St - Office/Residential FOR SALE


Raleigh, NC 27603- Seaboard Station
$1,195,000 USD
919-270-7680
516 W Peace St, Raleigh, NC for Sale
$1,195,000 USD
Office/Residential - FOR SALE
1/10
null | Request Cap Rate

516 W Peace St
Raleigh, NC 27603
Seaboard Station


HIGHLIGHTS

  • Prime Office Location
  • Excellent sign frontage visibility on Peace St. by Glenwood Ave.
  • Alley access leads to neighborhood street offering more access to the building
  • Parking in the back of the building
  • Tall ceilings, hardwood floors and large wrap around front porch highlighting lots of character in this well maintained building
  • Large rooms and central hallway leading to the mud room and parking behind the building

OVERVIEW

Prime Office Location and Investment opportunity. Detached home with loads of character located in high traffic area with additional side alley access to parking and access from another street. High visibility for signage in the front facing both Peace St. and visible from Glenwood Ave. 5 rooms plus a full bathroom and rear mud room and laundry room and includes a full kitchen. The classic 1908 home is in excellent condition with a newer roof, new HVAC and recent hot water heater. Tall ceilings and hardwood floors bring character to this fine building. Currently occupied for residential use, but current zoning allows for neighborhood business. Great opportunity for an office or retail use. Call or text Amanda Williams for more information and to schedule showings.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$700 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

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

NX-3

APN/PARCEL ID

1704.18-42-8282-000

ASK ABOUT THIS PROPERTY

Amanda WilliamsBerkshire Hathaway Homeservices YSUMore Info
919-270-7680

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Amanda WilliamsBerkshire Hathaway Homeservices YSUMore Info
919-270-7680

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