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Morgan Street Properties

2 Office Properties Offered at $4,000,000 in Raleigh, NC

Investment Highlights

  • Private, park-like setting in back of property
  • Walkable to many Downtown restaurants, bars, shopping, and other amenities including Union Station, Nash Square, Glenwood South, and Morgan St. Food
  • Surrounded by affluent and rapidly growing residential and commercial developments
  • On-site parking in front and rear of the property and free street parking available

Executive Summary

Comprised of 2 buildings at the intersection of W. Morgan Street and St. Mary’s Street in Downtown Raleigh. Entrances on both W. Morgan Street and St. Mary’s Street.
715 W. Morgan Details: PIN #: 1703385885, ± 2,000 SF Building on ± 0.19 Acres, 3-Story building with 5 private offices, reception area, bathroom on each level, full kitchen, and unfinished basement, and entrance on St. Mary’s Street
717 W. Morgan Details: PIN #: 1703385826, ± 4,634 SF Building on ± 0.23 Acres, Connected 3-car garage with apartment, 2 Full baths on top level, half bath on main level, full kitchen, and finished basement, Landscaped courtyard in front, and entrance on W Morgan Street
Property is zoned to go up to 4 floors.

Property Facts

Price $4,000,000
Price / SF $602.95 / SF
Sale Conditions Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 6,634 SF
Total Land Area 0.42 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
715 W Morgan St, Raleigh, NC 27603 Office 2,000 SF 1910 -
717 W Morgan St, Raleigh, NC 27603 Office 4,634 SF 1910 -
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  • Listing ID: 33598066

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: Morgan Street Properties, Raleigh, NC

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