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209 Fayetteville St

25,594 SF Office Building Raleigh, NC 27601 £4,424,056 (£173/SF)

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
A
Year Built/Renovated
1925/2021
Price
£4,424,056
Price Per SF
£173
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
8,531 SF
Building FAR
2.67
Land Acres
0.22 AC
Zoning
DX-40

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 135-25,594 SF
  • Office
  • Full Build-Out
  • Now

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

1st Floor

Size 135-25,594 SF
Space Use Office
Condition Full Build-Out
Available Now

Tenancy can be multi or single.

Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (76)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1703.34-78-1263-000
Land Assessment
£3,457,639
Improvements Assessment
£689,165
Total Assessment
£4,146,805
  • Listing ID: 34049522

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 209 Fayetteville St, Raleigh, NC 27601

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