209 Fayetteville St 25,594 SF Office Building Raleigh, NC 27601 £4,219,040 (£164.84/SF)
INVESTMENT HIGHLIGHTS
- Exterior signage opportunities ranging from parapet, projecting and placard
- Building secured by a ButterflyMX video intercom system
EXECUTIVE SUMMARY
An iconic investment opportunity in downtown Raleigh. Built in 1925 (and renovated most recently in 2021), 209 Fayetteville Street has been home to many local prominent businesses over the years, including the Tharrington Smith law firm and the North Carolina Retail Merchants Association. With a walk score of 97, the building’s location is within close proximity to countless downtown amenities including restaurants and bars, banks, hotels, places of worship, the Wake County Courthouse and the Capitol Building. The building is being offered for sale as an investment or owner occupant opportunity. Existing tenancy offers both flexibility and cashflow with tenants including lobbyists and lawyers.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
25,594 SF
Building Class
B
Year Built/Renovated
1925/2021
Price
£4,219,040
Price Per SF
£164.84
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
8,531 SF
Building FAR
2.67
Lot Size
0.22 AC
Zoning
DX-40 - Commerical
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Tenancy can be multi or single.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 135-25,594 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 135-25,594 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (76)
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 1703.34-78-1263-000 | Improvements Assessment | £658,402 |
| Land Assessment | £3,303,295 | Total Assessment | £3,961,697 |
