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701 Mutual Ct

4,034 SF Office Condo Unit Offered at $2,100,000 in Raleigh, NC 27615

Investment Highlights

  • High Visibility
  • Open Floor Plan with individual offices on the left and right side of the building.
  • Lots of Windows with Natural Light and a Break Room

Executive Summary

701 Mutual Court Raleigh, NC, is located in the heart of North Raleigh. This building consists of 8,068 Sq. Ft. with each floor being 4,034 Sq. Ft. The first floor is for sale which consists of 4,034 Sq. Ft. This was a former bank building. There is a deed restriction that this cannot be a bank for 5 years. This is located near Hwy 540 and Falls of Neuse Road and Strickland Road, Raleigh, NC. Lots of traffic passes this location so there is a lot of exposure for your business here! Make an appointment to come see this Amazing Opportunity!

Data Room Click Here to Access

Property Facts

Price $2,100,000
Unit Size 4,034 SF
No. Units 1
Total Building Size 8,068 SF
Property Type Office (Condo)
Property Subtype Office
Sale Type Investment or Owner User
Building Class B
Floors 2
Typical Floor Size 4,034 SF
Year Built 2016
Lot Size 1.79 AC
Parking Ratio 3.22/1,000 SF

1 Unit Available

Unit 100

Unit Size 4,034 SF
Price $2,100,000
Price Per SF $520.58
Condo Use Office
Sale Type Investment or Owner User
No. Parking Spaces 26
APN/Parcel ID 1708908294
Description

The entire building is 8,068 Sq. Ft.
The first floor, Suite 100, is for sale and consists of 4,034 sq. Ft. of Professional Office Space with many offices on the left and right side walls with an open area in the center of the building.
Suite 200, which is the entire second floor, is a financial planning company

Sale Notes

Prime Commercial Opportunity: Suite 100 at 701 Mutual Court, Raleigh, NC
Discover this exceptional property in the heart of North Raleigh, offering a unique opportunity for ownership in a thriving market.
Property Highlights:

  • Suite 100: Entire first floor of an 8,068 sq. ft. building. Suite 100 boasts 4,034 sq. ft. of premium space, formerly a Union Bank Building (restrictions apply: cannot operate as a bank for 5 years).
  • Location: Situated off Falls of Neuse Road and Strickland Road, near Hwy 540 in the bustling North Raleigh area.
    Location Features:
  • Demographics:
    o 68,972 residents within a 3-mile radius.
    o 31,015 households within a 3-mile radius.
    o Median home value: $401,515 (within a 2-mile radius).
  • Traffic and Accessibility: Approximately 13,000 vehicles pass daily, ensuring visibility and convenience.
  • Just 9 miles to Downtown Raleigh and 12 miles to RDU International Airport.
  • Go Raleigh bus stop located in the cul-de-sac directly in front of the property.
    Investment Details:
  • Wake County Tax Value for the entire building is: $3,196,680
  • Parcel ID: 1708908294.
  • Zoning: Office Mixed Use (OX-4).
    Why Choose 701 Mutual Court?
  • Prime Location: Set in a high-growth area of Raleigh, part of the dynamic Research Triangle region.
  • Unmatched Potential: Perfect for a business owner or investor looking to lease or utilize premium office space in a high-demand area.
    Thriving Market: Positioned to benefit from Raleigh's booming real estate and business environment.
    Don’t miss out on the opportunity to own a premier property in one of North Carolina’s most desirable cities. Schedule a showing today!

Amenities

  • 24 Hour Access
  • Signage
  • Air Conditioning

zoning

Zoning Code OX-4 (Mixed Use)
OX-4 (Mixed Use)
  • Listing ID: 34000162

  • Date on Market: 11/25/2024

  • Last Updated:

  • Address: 701 Mutual Ct, Raleigh, NC 27615

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