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122 N Boylan Ave
Raleigh, NC 27603
Office Property For Sale
Investment Highlights
- Located in desirable Glenwood South District
- Live, Work Play optionality for operators
- Strong Lease Demand
Executive Summary
A rare opportunity to own a property in the heart of Glenwood South, Raleigh's vibrant mixed-use district. This 2,408± SF space is currently leased at $6,000/monthly. The property features favorable OX-3 zoning, allowing for a variety of by-right uses, including office, retail, residential, and personal services, making it ideal for many uses. It is surrounded by a growing population and substantial commercial investment, including the newly completed Smokey Hollow project with 718 residential units, Publix grocery, and the incoming 27-story Creamery Development. Strong lease demand and flexible zoning make this a high-potential investment for owner-operators or investors. Don't miss this strategically located asset near NCSU, Cameron Village, Glenwood South, and Downtown Raleigh. Seller Financing is available for qualified buyers.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,408 SF
Building Class
B
Year Built
1910
Price
$1,800,000
Price Per SF
$747.51
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,204 SF
Building FAR
0.92
Lot Size
0.06 AC
Zoning
Office Mixed Use - Current Zoning - Raleigh ORD: OX-3 Office Mixed Use district designed to accommodate a variety of office, employment, and permitting retail uses.
Parking
4 Spaces (1.66 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 1703.06-49-1932-000 | Improvements Assessment | $265,169 |
| Land Assessment | $342,173 | Total Assessment | $607,342 |
Property Taxes
Parcel Number
1703.06-49-1932-000
Land Assessment
$342,173
Improvements Assessment
$265,169
Total Assessment
$607,342
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