516 W Peace St - Office FOR SALE


Raleigh, NC 27603- Seaboard Station
$1,295,000 USD
919-270-7680
516 W Peace St, Raleigh, NC for Sale
$1,295,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

Sep '26


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 as well; Tall ceilings and hardwood floors, lots of character in this classic building perfect for an office or retail use

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.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$632 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Office/Residential

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.