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- LoopNet Team
618-630 Hillsborough St
Raleigh, NC 27603
Land For Sale
·
0.68 AC
Investment Highlights
- One of the last remaining development opportunities in Glenwood South
- Across the street from Block 83, Raleigh’s premier office and mixed use development
- Prime position in Glenwood South, which generates $1.2 Billion in resident and visitor spending
Property Facts
| Property Type | Land | Proposed Use | |
| Property Subtype | Commercial | Total Lot Size | 0.68 AC |
| Zoning | DX-20-SH-CU - Downtown Mixed-Use-20 Stories-Shopfront- Conditional Use | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.68 AC |
| Zoning | DX-20-SH-CU - Downtown Mixed-Use-20 Stories-Shopfront- Conditional Use |
Description
Strategically located in Downtown Raleigh’s booming retail center Prime position in Glenwood South, which generates $1.2 Billion in resident and visitor spending and their food and beverage tax collections generate more than $124M Across the street from Block 83, Raleigh’s premier office and mixed use development One of the last remaining development opportunities in Glenwood South 618 Hillsborough Street • Current Char-Grill Restaurant • Char-Grill plans to remain Downtown • 16,552 SF 630 Hillsborough Street • Taylor’s Garage (Permanently Closed) • 13,440 SF signalized, corner lot Zoned Downtown Mixed-Use-20 Stories-Shopfront- Conditional Use (DX-20-SH-CU). For more detail, refer to City of Raleigh UDO and the recent zoning case (Z-65-22) Allowed Uses: • Hotel • Retail • Apartments • Office • Industrial Site Plan Approved for 3,200 SF Restaurant, rendering available upon request
