Raleigh, NC 27605,615 W Peace Street #110
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Raleigh, NC 27605,615 W Peace Street #110
Raleigh, NC 27605,615 W Peace Street #110
Raleigh, NC 27605,615 W Peace Street #110
Raleigh, NC 27605,615 W Peace Street #110
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Listed by Fathom Realty NC, LLC
$ 909,000
Est. payment /mo
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Active

615 W Peace Street #110 Raleigh, NC 27605

2,050 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,050 sqft

Price per Sqft $443

Subdivision 615 Peace St

MLS Listing ID 10084526

Abv Grd Liv Area 2,050

Originating Board Triangle MLS

Year Built 2024

Annual Tax Amount $2,500

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Retail

Property Description

ALL OFFERS DUE MONDAY 3/31 BY 5 PM! Fully Leased, Turnkey Investment Opportunity in Raleigh's Hottest District. Brand new, fully built-out retail unit at the 615 Peace luxury condo building in Glenwood South. Leased to Beem Light Sauna through 2034, offering long-term stability with 3% annual rent increases. Directly next to Starbucks and Mellow Mushroom. Priced competitively at a 7.5 CAP on existing rents. Extensive tenant improvements—including HVAC, plumbing, and electric— in place, making this a truly turnkey investment. Located in a high-visibility area with over 14,000 cars/day. A rare chance to own a fully leased retail unit in a prime location.

Location

State NC

County Wake

Zoning CX4-UG-CU

Direction From Wade Avenue, take Glenwood South. Make a right on Peace Street. Building is on the left immediately before Boylan.

Interior

Cooling Central Air

Flooring Laminate

Exterior

Exterior Feature Awning(s)

Utilities Available Electricity Available, Electricity Connected, Sewer Available

Handicap Access Accessible Approach with Ramp

Private Pool No

Building

Faces From Wade Avenue, take Glenwood South. Make a right on Peace Street. Building is on the left immediately before Boylan.

Foundation Block

Sewer Public Sewer

Structure Type Brick

New Construction Yes

Others

Special Listing Condition Seller Licensed Real Estate Professional


Doorify MLS / Triangle MLS
agent

Pointe Realty Group

+1(919) 614-4360

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615 W Peace Street #110