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122 S Salisbury St

4,500 SF 7% Leased Retail Building Raleigh, NC 27601 $1,500,000 ($333/SF)

Investment Highlights

  • Located in the Heart of Downtown Raleigh. Alongside great co tenant such as Virgils, Merchant, Copperline Plants, and Death and Taxes.
  • Flexible DX-20 Zoning allows for many different uses.
  • 3 separate entrances from the street to allow for up to 3 separate uses/concepts.
  • All DD materials are readily available.

Executive Summary

Building is being sold vacant. It is a very cool blank canvas, for someone to bring back to life this historic building.
All DD materials are readily available.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,500 SF
Building Class
C
Year Built
1920
Price
$1,500,000
Price Per SF
$333
Percent Leased
7%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.44
Lot Size
0.03 AC
Zoning
DX-20
Frontage
23 FT on Salisbury St

Amenities

  • Bus Line
  • Signage
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.®

Nearby Major Retailers

The Brass Tap
Raleigh Cross Fit
Club Pilates
Starbucks
9round Fitness
First Citizens Bank
YMCA
Barcelona Wine Bar
Sullivan's Steakhouse
Carolina Ale House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1703.34-68-6566-000
Land Assessment
$499,928
Improvements Assessment
$288,013
Total Assessment
$787,941
  • Listing ID: 31712850

  • Date on Market: 5/6/2024

  • Last Updated:

  • Address: 122 S Salisbury St, Raleigh, NC 27601

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