Glenwood South - Unique Purchase Opportunity
Mixed Use | 2,408 SF
Marketing description
A rare opportunity to own a property in the heart of Glenwood South, Raleigh's vibrant mixed-use district. This 2,408± SF space is currently leased at $6,000/month. The tenant can vacate early for the operator/user. The property features favorable OX-3 zoning, allowing for a variety of by-right uses, including office, retail, residential, and personal services, making it ideal for many uses. It is surrounded by a growing population and substantial commercial investment, including the newly completed Smokey Hollow project with 718 residential units, Publix grocery, and the incoming 27-story Creamery Development. Strong lease demand and flexible zoning make this a high-potential investment for owner-operators or investors. Don't miss this strategically located asset near NCSU, Cameron Village, Glenwood South, and Downtown Raleigh. Seller Financing is available for qualified buyers.
Investment highlights
There is strong lease demand for this location. It is located in the Downtown Urban Form which has flexible zoning regulations. Current Zoning - Raleigh ORD: OX-3 Office Mixed Use district designed to accommodate a variety of office, employment, and permitting retail uses with a 3-story height limit. By-Right Uses Include:
-Office
-Retail
-Residential
-Personal Services
-Civic
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