711 N Person St - Storefront FOR SALE


Raleigh, NC 27604- Seaboard Station
$2,900,000 USD
919-785-3434
711 N Person St, Raleigh, NC for Sale
$2,900,000 USD
Storefront - FOR SALE
1/19
null | Request Cap Rate

711 N Person St
Raleigh, NC 27604
Seaboard Station


HIGHLIGHTS

  • Main level with high visibility to street
  • ±3,500 SF drive-in basement providing an ideal space for a speakeasy, fitness and training facility, creative studio storage or warehouse use
  • Building’s storefront is separated into two spaces, offering the option for multi-tenancy or an owner-user occupant
  • Location is well-served by public transportation, with easy access to major roads and highways
  • Easy walking distance to Smokey Hollow, Seaboard Station, William Peace University and over 1,000 new apartments

OVERVIEW

Avison Young is pleased to present one of the best value add acquisition opportunities in Downtown Raleigh. 711 N. Person Street is within the Person Street Village on the North side of downtown, adjacent to several prestigious historic neighborhoods such as Oakwood and Mordecai, and within easy walking distance to Smokey Hollow, Seaboard Station, William Peace University and over 1,000 new apartment units. The Person Street Village is experiencing a rapid renaissance due to the booming interest on the North side of downtown. Numerous restaurants and retailers have recently located within the Village such as the Crawford & Co. restaurant, a James Beard winner.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$822 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

CROSS STREETS

Franklin St

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

NX-3-SH

APN/PARCEL ID

1704.16-82-3550-000

ASK ABOUT THIS PROPERTY

Marcus JacksonAvison YoungMore Info
919-785-3434

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Marcus JacksonAvison YoungMore Info
919-785-3434

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