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720 St Marys St

1,466 SF Retail Building Raleigh, NC 27605 $995,000 ($679/SF)

Investment Highlights

  • Zoning allows for a variety of commercial uses
  • New HVAC installed 2015
  • Private, paved lot in rear of building.
  • New roof, structural improvements, and exterior paint completed in 2017
  • Newly renovated with updated finishes installed in 2024

Executive Summary

Zoning allows for a variety of commercial uses
Across the street from Broughton Magnet High School
Minutes from NC State University, Meredith College, and Pullen Park
New roof, structural improvements, and exterior paint completed in 2017
New HVAC installed 2015
New hot water heater 2024
Newly renovated with updated finishes installed in 2024
In Historic Overlay District (HOD-S): Glenwood-Brooklyn

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,466 SF
Building Class
C
Year Built/Renovated
1930/2024
Price
$995,000
Price Per SF
$679
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.14 AC
Zoning
OX-3 - Office Mixed Use
Parking
9 Spaces (6.14 Spaces per 1,000 SF Leased)
Frontage
34 FT on St Marys St

Amenities

  • Bus Line
  • Signage
Walk Score ®
Walker's Paradise (90)
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 Fresh Market
Crunch
Noodles & Company
HOTWORX
Starbucks
Carolina Ale House
Sullivan's Steakhouse
Publix
Chase
Tupelo Honey

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1704.14-32-4782-000
Land Assessment
$439,276
Improvements Assessment
$232,553
Total Assessment
$671,829
  • Listing ID: 33367472

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 720 St Marys St, Raleigh, NC 27605

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