919-244-8714
850 W Morgan St, Raleigh, NC for Sale
Loft/Creative Space - FOR SALE
1/67
null | Request Cap Rate

850 W Morgan St
Raleigh, NC 27603
Pullen Park


HIGHLIGHTS

  • Energy efficient office building offering small-scale occupancy with an opportunity to expand or redevelop into condos
  • Energy efficient office building offering small-scale occupancy with an opportunity to expand or redevelop into condos
  • Designed as an efficient and functional office environment, the two-story layout is well suited for an owner-user, creative firm, retail, or professio

OVERVIEW

Energy efficient office building offering small-scale occupancy with an opportunity to expand or redevelop into condos Opportunity to purchase a standalone building in one of Raleigh's growing downtown corridors The building totals approximately 4,000 SF on a 0.25-acre site and was originally completed in 1983 Designed as an efficient and functional office environment, the two-story layout is well suited for an owner-user, creative firm, retail, or professional services. Located on West Morgan Street in downtown Raleigh, this property sits within one of the city’s most active urban corridors Positioned just south of Hillsborough Street, the location benefits from direct access to one of Raleigh’s primary east-west routes connecting downtown to NC State University. The area continues to see steady retail, dining, and redevelopment activity driven by both residential growth and ongoing investment throughout downtown. The surrounding neighborhood offers a strong mix of residential, office, dining, and entertainment uses The property is minutes from Glenwood South, Boylan Heights, and the central business district, with walkable access to restaurants, breweries, coffee shops, and multifamily developments.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

NX-4

APN/PARCEL ID

1703.05-29-3005-000

ASK ABOUT THIS PROPERTY

Sandra SimpsonTradeMark PropertiesMore Info
919-244-8714

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Sandra SimpsonTradeMark PropertiesMore Info
919-244-8714

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