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817 New Bern Ave
Raleigh, NC 27601
Office Property For Sale
Investment Highlights
- Prime Location: Located within minutes of Downtown Raleigh.
- Roof, HVAC & Utilities: Metal roof installed in 2010, 8 HVAC units (1 per suite), each suite individually metered for electric
- This is an excellent opportunity for investors seeking stable cash flow with upside potential.
- Property Improvements
- Rent Increase Potential: All leases end within 12 months, providing a prime opportunity to mark rates to market
Property Facts
Property Type
Office
Building Size
7,211 SF
Building Class
C
Year Built/Renovated
1984/2025
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,404 SF
Slab To Slab
10’
Building FAR
0.34
Lot Size
0.48 AC
Zoning
OX-3 - (OX-5 by right as part of TOD)
Parking
16 Spaces (2.22 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Air Conditioning
Property Taxes
| Parcel Number | 1713.05-09-9146-000 | Improvements Assessment | $332,249 |
| Land Assessment | $773,616 | Total Assessment | $1,105,865 |
Property Taxes
Parcel Number
1713.05-09-9146-000
Land Assessment
$773,616
Improvements Assessment
$332,249
Total Assessment
$1,105,865
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