Wilmington St 3 Retail Properties in Raleigh, NC

Located at a highly visible corner in the heart of Downtown Raleigh, this ±0.13-acre assemblage presents a rare opportunity for investors and developers seeking a prime urban site with both income and upside potential. With frontage on both Wilmington and Hargett Streets, the property benefits from exceptional pedestrian and vehicular exposure, just steps from Moore Square, Fayetteville Street, and the Warehouse District.
The offering includes three tax parcels (PINs: 0040343, 0067035, 0018368) and features a charming historic façade that contributes to the architectural character of the area. Currently 100% occupied with tenants on month-to-month leases, the property provides immediate income while allowing flexibility for redevelopment or repositioning.
Surrounded by a vibrant mix of retail, dining, cultural institutions, and government offices, the site is ideally positioned for adaptive reuse, boutique retail, hospitality, or mixed-use development. The area is walkable and well-connected, with nearby landmarks including Marbles Kids Museum, PNC Plaza, and the North Carolina State Capitol. The property sits within a dynamic corridor experiencing continued investment and growth, making it a compelling choice for long-term value creation.