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327 S Wilmington St - 327 S. Wilmington Street, Raleigh, NC
4,200 SF Office/Retail Unit Offered at £1,769,622 in Raleigh, NC 27601
Investment Highlights
- Walkable (Walk score: 98)
- City Center
- Natural light
- Bikeable (Bike score: 92)
- High ceilings
- Reserved parking
Executive Summary
Property Summary This property is located at 327 S Wilmington St, Raleigh, NC, comprising a 4,240 square foot condo on a 0.17-acre lot. The building is zoned DX-5-UL and is situated in downtown Raleigh, an area characterized by a mix of commercial, residential, and retail uses. The building, constructed in 2008 and improved in 2014, has been well-maintained and includes a restaurant space with dining and kitchen areas, including both walk-in refrigerator and freezer, prep area, two dry storage areas, seven parking deck spaces next to the rear door, grease trap storage, and upstairs mezzanine with an apartment/office/storage area and full bathroom with shower. There is a strong demand for commercial properties in the downtown Raleigh area, with this space located on a busy street close to the city’s center. The local economy is robust, supported by a diverse employment base and a growing population. Comparable sales of similar properties in the area indicate a competitive market with ever-rising property values.
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- Miscellaneous
Property Facts
1 Unit Available
Unit 1
| Unit Size | 4,200 SF | Sale Type | Investment or Owner User |
| Price | £1,769,622 | No. Parking Spaces | 7 |
| Price Per SF | £421.34 | APN/Parcel ID | 1703775623 |
| Unit Use | Office/Retail |
| Unit Size | 4,200 SF |
| Price | £1,769,622 |
| Price Per SF | £421.34 |
| Unit Use | Office/Retail |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 7 |
| APN/Parcel ID | 1703775623 |
Description
This property is located at 327 S Wilmington St, Raleigh, NC, comprising a 4,200-square-foot condo on a 0.17-acre lot. The building is zoned DX-40-SH and is situated in downtown Raleigh, an area characterized by a mix of commercial, residential, and retail uses. The building, constructed in 2008, has been well-maintained and includes a restaurant space with dining and kitchen areas, including large walk-in refrigerator and freezer, prep area, two dry storage areas, seven parking deck spaces next to the rear door, grease trap storage, and upstairs apartment/office. There is a strong demand for commercial properties in the downtown Raleigh area, with this space located on a busy street close to the city’s center. More info in photos and flyer. The existing restaurant is also for sale. Please contact agent for details.
Sale Notes
Dining room furniture and kitchen equipment is not included in the sale price, but would be considered for purchase, as is the Clyde Cooper's BBQ restaurant name, all IP, and business. Pricing for the business is forthcoming.
+17 More
Dry storage area #2
Parking lot outside back door
Reserved parking spaces outside back door
Grease trap collection area outside back door
Dry storage area #2
Dry storage area #2
Dining area
Dining area
Rear hallway
DIning area and stairs to upstairs office
Dining area
Upstairs office/apartment/storage
Upstairs office/apartment/storage
DIning area
Upstairs office/apartment/storage
Upstairs office/apartment/storage bathoom
Back hallway storage closet
Back hallway
DIing area
Dining area
Kitchen area
Wait counter
Amenities
- 24 Hour Access
- Restaurant
- Security System
- Wheelchair Accessible
- Storage Space
- Smoke Detector
Nearby Major Retailers
zoning
| Zoning Code | DX-40-SH (The subject site is zoned DX-40-SH (Downtown Mixed Use - 40 Stories - Shopfront Frontage) by the City of Raleigh.) |
| DX-40-SH (The subject site is zoned DX-40-SH (Downtown Mixed Use - 40 Stories - Shopfront Frontage) by the City of Raleigh.) |
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327 S Wilmington St - 327 S. Wilmington Street, Raleigh, NC
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