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618 Hillsborough St - 618 & 630 Hillsborough Street

0.68 Acres of Commercial Land in Raleigh, NC 27603

Investment Highlights

  • One of the last remaining development opportunities in Glenwood South
  • Across the street from Block 83, Raleigh’s premier office and mixed use development
  • Prime position in Glenwood South, which generates $1.2 Billion in resident and visitor spending

Executive Summary

Contact Broker for pricing

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Office
  • Apartment Units
  • Hotel
Total Lot Size 0.68 AC

1 Lot Available

Lot

Lot Size 0.68 AC

618 & 630 Hillsborough Street are a combined parcel of approximately 0.68 Acres

Description

Strategically located in Downtown Raleigh’s booming retail center Prime position in Glenwood South, which generates $1.2 Billion in resident and visitor spending and their food and beverage tax collections generate more than $124M Across the street from Block 83, Raleigh’s premier office and mixed use development One of the last remaining development opportunities in Glenwood South 618 Hillsborough Street • Current Char-Grill Restaurant • Char-Grill plans to remain Downtown • 16,552 SF 630 Hillsborough Street • Taylor’s Garage (Permanently Closed) • 13,440 SF signalized, corner lot Zoned Downtown Mixed-Use-20 Stories-Shopfront- Conditional Use (DX-20-SH-CU). For more detail, refer to City of Raleigh UDO and the recent zoning case (Z-65-22) Allowed Uses: • Hotel • Retail • Apartments • Office • Industrial Site Plan Approved for 3,200 SF Restaurant, rendering available upon request

Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Very Bikeable (85)
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.®

zoning

Zoning Code DX-20-SH-CU (Downtown Mixed-Use-20 Stories-Shopfront- Conditional Use)
DX-20-SH-CU (Downtown Mixed-Use-20 Stories-Shopfront- Conditional Use)
  • Listing ID: 32097006

  • Date on Market: 6/11/2024

  • Last Updated:

  • Address: 618 Hillsborough St, Raleigh, NC 27603

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