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2200 New Bern Ave 8,914 SF Office Building Raleigh, NC 27610 $2,800,000 ($314.11/SF)
Investment Highlights
- Immediately adjacent to Alama Drafthouse Cinema, Longview Shopping Center and Raleigh County Club
- New Bern Avenue Improvement plan including BRT (Bus Rapid Transit) to commence 2025
- 1.5 miles to I-440 Beltline
- Traffic counts over 20,000 per day on New Bern Avenue
- 1 mile to WakeMed Raleigh Campus (Wake County’s #3 largest employer)
Executive Summary
Building is currently occupied by the Women's Center of Wake County.
Building was extensively renovated in 2022 including new electrical, plumbing, and HVAC
Self-contained parking with 30 existing spaces, newly re-paved
OX-5 Zoning: Office-mixed use with 5 story maximum height
Building was extensively renovated in 2022 including new electrical, plumbing, and HVAC
Self-contained parking with 30 existing spaces, newly re-paved
OX-5 Zoning: Office-mixed use with 5 story maximum height
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,914 SF
Building Class
C
Year Built/Renovated
1975/2022
Price
$2,800,000
Price Per SF
$314.11
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,457 SF
Building FAR
0.24
Lot Size
0.85 AC
Zoning
OX-3 - Office-mixed use with 5 story maximum height
Parking
31 Spaces (3.48 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Women's Center
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Women's Center | Services | - | - | - |
1 1
Property Taxes
| Parcel Number | 1713.08-78-5778-000 | Improvements Assessment | $727,033 |
| Land Assessment | $677,979 | Total Assessment | $1,405,012 |
Property Taxes
Parcel Number
1713.08-78-5778-000
Land Assessment
$677,979
Improvements Assessment
$727,033
Total Assessment
$1,405,012
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2200 New Bern Ave
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