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705 W North St 2,840 SF 50% Leased Office Building Raleigh, NC 27603 For Sale

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Investment Highlights

  • Stand-alone property.
  • Newly renovated.

Executive Summary

Rare stand-alone Glenwood South property for sale or lease. The first floor office space is available for lease, in addition to one of the two apartment units upstairs. The entire building could be purchased by an owner-occupant or by an investor. The office was renovated in 2022 and the two apartment units were renovated in 2025 and 2018. Adjacent properties re-zoned to OX-12.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,840 SF
Building Class
B
Year Built
1961
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,420 SF
Building FAR
0.59
Lot Size
0.11 AC
Zoning
OX-3 - Office Mixed Use. OX-3

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,420 SF
  • Office
  • Full Build-Out
  • Now

The first floor office space is available for lease, in addition to one of the two apartment units upstairs. The entire building could be purchased by an owner-occupant or by an investor. The office was renovated in 2022 and the two apartment units were renovated in 2025 and 2018.

Space Size Space Use Condition Available
1st Floor 1,420 SF Office Full Build-Out Now

1st Floor

Size
1,420 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 1,420 SF
Space Use Office
Condition Full Build-Out
Available Now

The first floor office space is available for lease, in addition to one of the two apartment units upstairs. The entire building could be purchased by an owner-occupant or by an investor. The office was renovated in 2022 and the two apartment units were renovated in 2025 and 2018.

Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
1704.18-30-9791-000
Land Assessment
$627,273
Improvements Assessment
$231,947
Total Assessment
$859,220
  • Listing ID: 37458568

  • Date on Market: 8/28/2025

  • Last Updated:

  • Address: 705 W North St, Raleigh, NC 27603

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